In brief
A consultation on modernising insurance law has been launched by the Law Commission of England and Wales and the Scottish Law Commission. Provisional proposals focusing on misrepresentation, non-disclosure and the consequences of mistakes on applications have been drawn up. They distinguish between those who act deliberately or recklessly, those who act carelessly and those who act reasonably. The consultation, Insurance Contract Law: Misrepresentation, Non-Disclosure and Breach of Warranty by the Insured, closes on 16 November 2007 and is available at www.lawcom.gov.uk.
