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Section 62 of the Civil Liability Act 1961 - do third parties have direct rights of actions against insurers under Irish law?
- Matheson
- -
- Ireland
- -
- July 27 2011
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
Decision of the Irish High Court concerning pyrite
- Matheson
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- Ireland
- -
- July 27 2011
The Irish High Court delivered its judgment on the liability of the providers of infill containing the mineral pyrite in James Elliot Construction Limited v Irish Asphalt Limited (High Court Record No. 20084767P) on 25 May 2011
Jurisdiction clauses in insurance policies High Court decision in Lartigue Enterprises Ltd v Three Lions Underwriting Ltd
- Matheson
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- European Union, Ireland
- -
- September 20 2012
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
Law Reform Commission issues consultation paper on insurance contracts
- Matheson
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- Ireland
- -
- January 24 2012
The Law Reform Commission has issued a consultation paper on insurance contracts
What are unfair terms in insurance contracts?
- Matheson
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- Ireland, United Kingdom
- -
- April 23 2012
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
Central Bank of Ireland report on sale of payment protection insurance
- Matheson
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- Ireland
- -
- September 20 2012
The Central Bank has recently released the findings on its latest inspection of the sale of payment protection insurance (“PPI”) to Irish consumers
The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2012
- Matheson
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- Ireland
- -
- September 20 2012
The 2010 Act overhauled this area of law and introduced new anti-money laundering requirements for credit and financial institutions and other “designated persons,” requiring them to carry out certain due diligence measures in relation to customers
Key changes to legislation governing life insurers
- Matheson
- -
- European Union, Ireland
- -
- January 24 2012
The European Communities (Life Assurance) Framework (Amendment) Regulations 2011 (the “Amendment Regulations”) are designed to give further effect to the provisions of Directive 200283EC (the “Life Insurance Directive”
The Health Insurance Act, 1994 (Information Returns) (Amendment) Regulations 2011 (SI 2011690)
- Matheson
- -
- Ireland
- -
- January 24 2012
Effective from 21 December 2011, the Regulations set out the amended format and contents of the information returns specified in Section 7D of the Health Insurance Acts, 1970-1989
Dealing with delays in professional negligence claims - how long must insurers wait?
- Matheson
- -
- Ireland
- -
- April 23 2012
It is not uncommon in professional negligence claims for there to be long periods of inactivity where the claimant does not prosecute the claim
