2016: a momentous year for insurance law


Insurance is an industry steeped in traditions and, until recently, this also held true for its laws: all insurance contracts were governed by the Marine Insurance Act, which dated back to 1906. However, the last few years have seen radical and far-reaching changes to insurance law in the UK, culminating in the Insurance Act 2015 coming into force this year. All changeFirstly, the Third Parties (Rights against insurers) Act 2010 came into force on 1 August. This originated from the Law Commissio