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Good Faith and Insurance Contracts

Good Faith and Insurance Contracts
Author: Peter MacDonald Eggers
Publisher: Taylor & Francis
Total Pages: 1064
Release: 2017-12-06
Genre: Law
ISBN: 1351984004

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Good Faith and Insurance Contracts sets out an exhaustive analysis of the law concerning the duty of utmost good faith, as applied to insurance contracts. Now in its fourth edition, it has been updated to address the arrival of the Insurance Act 2015, as well as any references to new case law. In addition, it synthesises all known judicial decisions by the English Courts concerning good faith in this area. This book is still the only text devoted to a discussion of the duty of utmost good faith applicable to insurance contracts. As good faith is an issue which arises in respect of all insurance contracts, it is a book which will be extremely useful to lawyers involved in insurance as well as insurance practitioners.


Insurance Claims: a Comprehensive Guide Part 103

Insurance Claims: a Comprehensive Guide Part 103
Author: Barry Zalma
Publisher:
Total Pages: 272
Release: 2018-08-02
Genre:
ISBN: 9781718025332

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The principle on which insurance has existed for the last three to four centuries is that insurance business is conducted with the utmost good faith (uberrima fides). The principle, called a covenant of good faith and fair dealing, must be followed religiously by both the insurer and the insured. This means, simply, that both parties to the insurance contract must treat each other in such a way that neither will deprive the other of the benefits of the contract.


Zalma on Insurance Claims Part 103 Second Edition

Zalma on Insurance Claims Part 103 Second Edition
Author: Barry Zalma
Publisher:
Total Pages: 342
Release: 2019-08-05
Genre:
ISBN: 9781088456491

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Thorough, yet practical, this book is the ideal guide for any professional who works in or frequently interacts with the insurance industry. Claims professionals, risk managers, producers, underwriters, attorneys (both plaintiff and defense), and business owners will benefit greatly from this multiple volume guide. It is also the perfect resource for insurance educators, trainers, and students whose role requires an understanding of insurance law. The Implied Covenant of Good Faith and Fair DealingThe principle on which insurance has existed for the last three to four centuries is that insurance business is conducted with the utmost good faith (uberrima fides). The principle, called a covenant of good faith and fair dealing, must be followed religiously by both the insurer and the insured. This means, simply, that both parties to the insurance contract must treat each other in such a way that neither will deprive the other of the benefits of the contract.This, the third part of Zalma on Insurance Claims and includes materials concerning: This is part 103 of Zalma on Insurance Claims and will deal with: -The Covenant of Good Faith and Fair Dealing-Duties of the Insured and the Insurer-Declaring a Policy Void-Processing a ClaimWhen read with Part 101 and Part 102, this volume works to take the reader to a complete understanding of insurance and insurance claims.


In Terms of Utmost Good Faith, the Law of Insurance Imposes Strict Obligation on the Insured as Compared to the Insurer

In Terms of Utmost Good Faith, the Law of Insurance Imposes Strict Obligation on the Insured as Compared to the Insurer
Author: Md. Yasin Khan Chowdhury
Publisher:
Total Pages: 7
Release: 2014
Genre:
ISBN:

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Unlike other contracts in legal arena, the law of insurance in England emphatically revolves around the duty of utmost good faith imported from the continental legal systems as nucleus element in insurance contracts. Notwithstanding the fact that insurance law casts the duty upon both the parties - insured and insurer, to an insurance contract, the former finds himself in a more harsh and difficult condition when a dispute arises. The instant literature is directed to scan the relevant writings on the subject with a view to present a comparative study of the legal stand of the insured and the insurer so far as their duty of utmost good faith, in other words the duty of disclosure, is concerned under the contract of insurance. It also focuses on some non-UK jurisdictions regarding the topic and on some possible reforms offered by the Law Commission.


The Marine Insurance Act, 1906

The Marine Insurance Act, 1906
Author: Great Britain
Publisher:
Total Pages: 242
Release: 1907
Genre: Insurance, Marine
ISBN:

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Insurance Law

Insurance Law
Author: Edmond John Dillon
Publisher:
Total Pages:
Release: 1993
Genre:
ISBN:

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A Tea Reader

A Tea Reader
Author: Katrina Avila Munichiello
Publisher: Tuttle Publishing
Total Pages: 256
Release: 2017-03-21
Genre: Literary Collections
ISBN: 9780804848992

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A Tea Reader contains a selection of stories that cover the spectrum of life. This anthology shares the ways that tea has changed lives through personal, intimate stories. Read of deep family moments, conquered heartbreak, and peace found in the face of loss. A Tea Reader includes stories from all types of tea people: people brought up in the tea tradition, those newly discovering it, classic writings from long-ago tea lovers and those making tea a career. Together these tales create a new image of a tea drinker. They show that tea is not simply something you drink, but it also provides quiet moments for making important decisions, a catalyst for conversation, and the energy we sometimes need to operate in our lives. The stories found in A Tea Reader cover the spectrum of life, such as the development of new friendships, beginning new careers, taking dream journeys, and essentially sharing the deep moments of life with friends and families. Whether you are a tea lover or not, here you will discover stories that speak to you and inspire you. Sit down, grab a cup, and read on.


Time to Rescind the Tort of Bad Faith

Time to Rescind the Tort of Bad Faith
Author: Barry Zalma
Publisher:
Total Pages: 120
Release: 2018-04-25
Genre:
ISBN: 9781980932406

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Insurance is, and always will be, a business of the utmost good faith. All parties to the insurance contract agree, in good faith and fair dealing, to do nothing to deprive the other the benefits of the contract.Insurance is, and always be, nothing more than a contract. The insurer makes a promise to the insured that if a contingent or unknown loss occurs caused by a peril or risk insured against and not excluded, to pay the insured indemnity as promised by the contract up to the limits provided.The insured promises to truthfully disclose the risks of loss faced by the insured, property owned by the insured, the business of the insured and/or the insured's liability exposures. The insured also promises to honestly present a claim, prove the claim, and cooperate with the insurer in its investigation.If the parties to the insurance contract deal with each other fairly and in good faith the policy remains viable, claims are paid promptly and to the satisfaction of the insurer and the insured. Only if a true tort occurs can the insured waive the contract action and sue in tort.Breach of contract, by centuries old tradition, is not a tort and cannot and should not be considered a tort. The Tort of Bad Faith has served its purpose and is now causing more problems than it solves. It is time the courts and state legislatures rescind the tort and return to common law contract damages.