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Aug 2023
What is the Third Parties [Rights Against Insurers] Act 2010?
The Third Parties (Rights Against Insurers) Act creates a statutory right for third parties to an insurance contract to claim against insurance companies where the insured has gone insolvent. Its main aims were to address the shortcomings of the 1930 Act, an example of one of those shortcomings being that in the 1930 Act, the…