February 2015 - JERVIS ICI LTD

Doctrine of Utmost Good Faith is Alive and Well in US Courts

8:46 pm
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As I reflect back on legal trends in the area of marine insurance over the past year, the doctrine of Utmost Most Good faith (Or Uberrimae Fidei) stands out, yet again. On the one hand, the year 2014 represented an ongoing platform for reform of the UK MIA 1906 including reform of the doctrine of Utmost good faith. On the other hand, it has been an ongoing central theme faced by the US court system and the year 2014 was no exception. In fact, the doctrine embodies all areas of marine insurance and is not confined to one class.

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