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词汇 Insurance law
分类 英语词汇 英语翻译词典
释义

Insurance law

英语百科

Insurance law

A strict duty of disclosure and good faith applies to selling most financial products, since Carter v Boehm[3] where Lord Mansfield held an East India Company fort holder failed to warn the insurer of an impending French invasion. Such regulation did not extend to derivatives that contributed to the Global Financial Crisis.

Insurance law is the practice of law surrounding insurance, including insurance policies and claims. It can be broadly broken into three categories - regulation of the business of insurance; regulation of the content of insurance policies, especially with regard to consumer policies; and regulation of claim handling.

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