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Good Faith and Insurance Contracts (3rd edition)

BOOK REVIEW. GOOD FAITH AND INSURANCE CONTRACTS Third Edition. By Peter MacDonald Eggers, Simon Picken and Patrick Foss ISBN: 978-1-84311-879-4 Lloyds List, London www.informa.com GOOD FAITH IN INSURANCE CONTRACTS: THE THEORY, THE HISTORY AND THE LAW — FROM THE ONLY BOOK ON THE SUBJECT An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers Good faith is at the heart of all insurance contracts — otherwise the concept of insurance would be unworkable. But what happens when good faith — on either side — is neither respected nor applied? This latest book from Lloyds List — in the words of Rix LJ — explores with authority and verve, ‘the theoretical underpinnings and practical consequences of the concept of good faith’. It’s the only book available that devotes itself exclusively to the subject of utmost good faith, which is particularly — but certainly not exclusively — applicable to marine insurance. As the civil law concepts discussed in this authoritative text have been incorporated into our common law, specifically the law of contract, so marine insurance law impacts on all insurance contracts, as well as commercial law generally. “Good Faith and Insurance Contracts” is something of a gift for lawyers specializing in marine insurance, or indeed any insurance, as well as their insurance clients providing a unique statement of substantive law in this area. Eggers, Picken and Foss examine in detail, the development of the duty of …

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