Legal Affairs

Building regulation exclusions in a liability policy (Aus)

Subrogation: Medical Schemes act on motor vehicle accidents payments

Bankers blanket bond insurance

This insurance, so named because the word “blanket” indicates that the insurance covers the conduct of all the bank’s employees without listing them individually, dates back to 1911.

Non-disclosure of termite infestation in house sale is not insured property damage and emotional distress exclusion applied (US)

The insured was sued by purchasers of his home for negligently or deliberately failing to disclose termite infestation at the time of the sale. He unsuccessfully sought cover under his homeowner insurance policy because the policy covered only property damage “due to an occurrence” whereas the property damage the purchasers experienced was not due to the alleged misrepresentation by the seller.