No duty of policyholder to declare information not asked for
The Law Commission wants to end a 103-year-old insurance law that campaigners say has led to thousands of claims being unfairly rejected each year, the BBC reports.
Consumers have to tell the insurer things they have been asked about, such as known medical conditions, but also anything else that could later turn out to be important.
The Law Commission said the rules put too much pressure on the consumer. The Financial Ombudsman Service said it received about 1,000 complaints on this issue a year.
The Association of British Insurers (ABI) is supporting a draft bill for England, Wales and Scotland that is due to be presented to Parliament by the Law Commission this week.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
