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Should An Insured Be Penalised For Untrue Information Supplied By Another During The Investigation Of A Claim?
Tumultuous economic conditions have resulted in insurers and the insured finding themselves before the courts more often than in previous, more certain times. In saying that, however, the King Price Insurance Company Ltd v Concise Consulting Services (Pty) Ltd...
Repudiation of Claims Based on False Information
When dealing with insurance matters, it is well-known that if there is any dishonesty or false information provided to the insurer, a claim for indemnification could be repudiated in its entirety. However, what would the position be if the dishonesty was on the part...
Can new Entrepreneurs thrive in the Insurance Industry?
Generally, insurance is known as a way in which an individual minimizes the risk attached to their exposure to specific perils caused by various harms. The risk can be managed by taking up insurance with an insurance company. Starting up a company is always a...