Damages for late payment of insurance claims: changes to English law under the Enterprise Act 2016

For a helpful summary and analysis, see a recent blogpost from Alison Padfield, a barrister at 4 New Square Chambers in London: http://www.chaffanbrass.co.uk/2017/03/damages-for-late-payment-of-insurance-claims-counting-down-to-4-may-2017/

From a Bermuda perspective, query whether Bermuda’s insurance legislation should be updated to deal with this issue?

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