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Legal - Whatever happened to the concept of 'utmost good faith'?
(From Reinsurance)
The US perspective
The concept of utmost good faith traces its origins to marine insurance and English law. The US Supreme Court adopted the doctrine in a primary insurance context in 1828, and in 1837 a New York state court applied the doctrine to reinsurance contracts.
Arbitration has become the tribunal of choice for resolving reinsurance disputes, but parties increasingly enlist courts to settle conflicts. Over the last 20 years, reinsurance litigants have sought judicial guidance in applying utmost good faith to modern reinsurance disputes. The courts have chronicled changes in the way reinsurance has been transacted ...
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- Utmost Respect post-op infection worries.(Sports)
- Newspaper article from: The Racing Post (London, England) July 20, 2009 700+ words
UTMOST RESPECT, unbeaten in two Pattern races...through it." Winner of half his 16 starts, Utmost Respect made a great start to this season...the Rumpole Partnership. CAPTION(S): Utmost Respect: unbeaten in two Pattern races...
- Utmost caution must in regulation of N-power sector: Ansari.
- News wire article from: PTI - The Press Trust of India Ltd. August 26, 2009 700+ words
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- From good faith to utmost good faith in marine insurance.(Brief Article)(Book...
- Magazine article from: Reference & Research Book News May 1, 2008 700+ words
0820487171 From good faith to utmost good faith in marine insurance. Botes...marine law, and examines the principle of utmost good faith in English marine insurance...suggests that although the concept of utmost good faith in English marine insurance...
- 'Utmost Good Faith' Implies Good Ethics.(Brief Article)(Column)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Kensicki, Peter R. July 31, 2000 700+ words
...insurance business recognized in common law-utmost good faith. We teach in Principles of...recognize, that insurance is a business of utmost good faith. Not just the "good faith...acceptable behavior in an environment of utmost good faith. Returning to the issue of...
