Conference will celebrate 250 years since landmark case
A conference in Bengkulu City, Indonesia, will mark the 250th anniversary of the landmark Carter v Boehm case, which laid the “duty of utmost good faith” principle in insurance law.
Insurance issues arose after a French attack on Fort Marlborough, a British trading post in Bengkulu, Sumatra, in 1760.
The two-day conference in October is a joint initiative by LMI Group MD Allan Manning and Perth barrister Greg Pynt, supported by the University of WA.
Conference speakers include Professor Manning and Mr Pynt, and the insurance law program will cover topics relating to the landmark case in today’s world, such as pre-contractual disclosure and utmost good faith for the industry’s various practitioners.
“It’s such an important issue,” Professor Manning told insuranceNEWS.com.au. “It’s the underlying principle of insurance. It’s for the thought-leaders of our industry.”
Section 13 of the Insurance Contracts Act enshrines the duty of the utmost good faith.
The October 1-2 conference includes a tour of Fort Marlborough.
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