Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in ...
It is time for the Fifth Circuit to harmonize its application of uberrimae fidei with the rest of the nation and retract its ruling that the doctrine is "entrenched no more," says Kenneth G. Engerrand ...
As the situation around CDOs, CDS and synthetic CDOs develops, and with the SEC's suit against Goldman Sachs ( GS) in the headlines, I have been thinking of an old legal doctrine: uberrimae fidei.
In their Admiralty Law column, James E. Mercante and Kristin E. Poling analyze the doctrine of "uberrimae fidei", one of the oldest and deeply entrenched of all maritime laws, which so often causes ...
The US Court of Appeals for the Ninth Circuit affirmed the validity of the principle of uberrimae fidei as applied to marine insurance contracts. Defendant fishing vessel owners insured their vessels ...
The term “bad faith” is commonly understood as a breach of the implied duty of good faith and fair dealing recognized in insurance contracts due to the “special relationship” between an insured and an ...
On August 20, 2015, the U.S. Court of Appeals for the Eighth Circuit ruled that demonstrating reliance is required to void a marine insurance policy under the uberrimae fidei defense. In doing so, the ...
The Centre’s decision to go ahead with the Initial Public Offer (IPO) of Life Insurance Corporation of India without waiting for ideal market conditions is pragmatic. The offer was put off in March as ...