Service 37 of Kelly and Ball’s Principles of Insurance Law has been released.
In Service 37, the authors updated the following chapters to reflect recent developments in case law, policy and legislation:
• Chapter 5
— Updated [5.0040] “The final contract”
— Updated [5.0040.15] “Terms not drawn to the insured’s attention”
— Updated [5.0110] “Terms imposing obligations or creating conditions precedent to liability”
— Updated [5.00110.1] “Warranties”
— Updated [5.00110.10] “Are there ‘special’ rules in relation to warranties?”
— Updated [5.0120] “Conditions precedent”
— Updated [5.0130] “Breach of warranty”
— Updated [5.0210] “Election: suggested limits to its application”
— Updated [5.0290.10] “Third principle: take account of the main object or commercial purpose of the contract”
— Updated [5.0330] “A special approach to insurance contracts?”
• Chapter 11
— Updated [11.0010] “Scope of this chapter”
— Updated [11.0060] “Obligations on authorised insurers”
— Updated [11.0060.5] “Appointment of auditor and actuary”
— Updated [11.0070] “Investigations”
— Updated [11.0120] “Review of decisions”
— Updated [11.0361] “Investigations and winding up”
— Updated [11.0362] “Carries on insurance business”
— Updated [11.0363] “Licences”
— Updated [11.0364] “Conditions of Licence”
— Updated [11.0365] “Actuaries”
— Updated [11.0366] “Statutory Funds of Life Insurers”
— Updated [11.0367] “Prudential’s supervision by Reserve Bank”
— Updated [11.0368] “Winding up and statutory management”
• Chapter 15
— Chapter 15 has undergone a complete rewrite
Cross-references to Australian Insurance Law Annotated have been added to paragraphs in Chapters 5 and 11
• The How to Use guide card has been updated
• A consolidated index has been provided
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