Third Parties (Rights against Insurers) Act 2010 – Disclosure ObligationsJune 2010
On 25 March 2010, the Third Parties (Rights against Insurers) Act 2010 (“the Act”) received Royal Assent. Although the Act was expected to come into force in April 2011, this has not happened to date.
One of the key changes implemented by the Act is the clarification of the regime governing a Claimant's ability to seek information from an insurer in the event that their insured company is in liquidation.
The following articleoutlines what information a Claimant can request under the Act, and how an insurer must respond to such a request for information, when the Act does come into force.
Location: UKDownload PDF