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Monthly Archives: July 2016
Insurance Law: Collateral Lies – What constitutes a ‘fraudulent claim’? Versloot Dredging BV & anor v HDI Gerling Industrie Versicherung AG & ors [2016] UKSC 45
Significance: The Supreme Court has determined that the ‘fraudulent claim rule’ – which dictates that an insured is prevented from recovering under a contract of insurance where their claim is fabricated or exaggerated – does not extend to claims where ‘collateral lies’ or ‘fraudulent devices’ exist, provided the claim is justified and the lie has […]
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