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The insurers asked the Court to decline jurisdiction to hear the case in favour of an English court in circumstances where the slip stated that coverage disputes would be governed by the law of England and Wales and conferred jurisdiction on the English courts
The United Kingdom’s Financial Services Authority (the “FSA”) recently published a notice of an undertaking given by AXA Insurance UK plc (“AXA”) under which AXA agreed not to use certain terms in its contents and buildings insurance policies
A number of Irish record companies including Warner Music, Universal Music, Sony BMG and EMI Records have lost a High Court battle against UPC, an internet service provider, in which they sought an injunction that would require the ISP to cut off a customer's broadband connection if there was evidence of repeat infringement of copyright at the customer's address
Section 62 provides that where an insured who has a policy of liability insurance becomes bankrupt or dies (if an individual) or is wound up (if a company) or dissolved (if a partnership or other incorporated association), monies payable to the insured under the policy shall be applicable only to discharging in full all valid claims against the insured in respect of which those monies are payable, and no part of those monies shall be assets of the insured or applicable to the payment of debts
