Blog: Enterprise Bill may drive PI for insurers

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Insurance policies are a curious creature in the world of English contract law. The law's view is that the insurer's obligation is to prevent the insured loss happening in the first place, under a property insurance the obligation is to make sure the house does not burn down. If the insured loss does occur that, of itself, amounts to a breach of contract by the insurer. This means that an insurance claim is itself a claim for damages. Since damages cannot be awarded on damages (only interest