03rd October 2010
Where a building has been damaged so that a partial loss has been suffered by the insured, then his loss is prima facie the cost of restoring the property to its condition immediately preceding the loss, so that it can be used for whatever purpose the ins...
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02nd October 2010
This reasoning was followed to achieve the opposite result in Exchange Theatre Ltd. v. Iron Trades Mutual Insurance Co. Ltd. [1983] 1 Lloyd's Rep 674. The insured operated a Victorian hall for bingo and discotheque gatherings and, following damage, the co...
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02nd October 2010
Provision 4 is usually known as Reinstatement Average, and it is sufficiently common in ARPI and other insurances to be known simply as the "Reinstatement Memorandum". It is unlike normal average in that it applies to the cost of reinstating the property ...
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01st October 2010
Generally speaking, an insurer is unable to rely on the negligence of the insured to defeat his claim, in the absence of express provision to the contrary or wilful misconduct. Nevertheless, virtually all ARPI policies contain clauses requiring the insure...
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01st October 2010
Although the "reasonable care" clause referred to above may sometimes entide insurers to refuse to pay a claim where the insured has been reckless, insurers often accept that the acts of the insured should not detract from the rights of co-insureds or thi...
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25th August 2010
Historically, the duty of utmost good faith has been considered to be a pre-contractual duty and extends up until the date when the contract is completed - not when the contract actually incepts. This is logical because the underwriter's judgement can onl...
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04th June 2010
As in every other type of digital photography, in digital sports photography as well much of the art of traditional black and white printing lies in making the most of the limited tonal range inherent in the printing paper. A com¬mon tactic is to imply a...
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