case studies Tag

The Insured was in the business of producing and supplying office stationery.  There was a significant fire in its paper store and a claim was made under the commercial combined policy. The policy covered four locations within a 20 mile radius of the main property.  However, the location of the discrete paper store had never been specified on the policy and so liability for the claim was rejected by the insurer. We investigated the matter and had to agree that the separate...

The Insured ran a clothing shop which suffered serious water damage as a result of a faulty water heater.  The company had two directors, one of whom was previously involved in an unconnected business which had gone into liquidation some years earlier. When the insurer discovered the details of this prior liquidation, the claim was refused and the policy voided from inception.  The insurer was able to show, from its underwriting criteria, that had it known about the liquidation, it would...