What's on Practical Law?
Damages for late payment of insurance claims included in Enterprise Bill 2015
Practical Law UK Legal Update Case Report 5-618-8630 (Approx. 3 pages)
Damages for late payment of insurance claims included in Enterprise Bill 2015
The Enterprise Bill 2015 was published by the Government on 17 September 2015. It includes, among other things, the English and Scottish Law Commissions' proposal for an implied term in every insurance contract that insurers will pay insurance claims within a reasonable time. If in breach, insurers will be liable to pay contractual damages to an insured for losses caused by the delay in payment.
Get full access to this document with a free trial
Try free and see for yourself how Practical Law resources can improve productivity, efficiency and response times.
About Practical Law
This document is from Thomson Reuters Practical Law, the legal know-how that goes beyond primary law and traditional legal research to give lawyers a better starting point. We provide standard documents, checklists, legal updates, how-to guides, and more.
Learn more- Expert Guidance
650+ full-time experienced lawyer editors globally create and maintain timely, reliable and accurate resources across all major practice areas.
- Trust
83% of customers are highly satisfied with Practical Law and would recommend to a colleague.
- Improve Response Time
81% of customers agree that Practical Law saves them time.
End of Document
Also Found In
Resource ID 5-618-8630© 2024 Thomson Reuters. All rights reserved.
Published on 18-Sep-2015
Resource Type Legal update: case report
Jurisdictions
Related Content- England
- Wales