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The Insurance Act 2015 (c. 4) is a United Kingdom act of Parliament which makes significant reforms to insurance law. [1] It came into effect on 12 August 2016, [ 2 ] and follows on from the Consumer Insurance (Disclosure and Representations) Act 2012 ("CIDRA").
Two new statutes, the Consumer Insurance (Disclosure and Representations) Act 2012 (“CIDRA”) and the Insurance Act 2015 have addressed insurance in general, and have amended the law in several ways. Part 5 of the Insurance Act 2015 addresses "Good faith" as follows: Section 14 provides that "any rule of law permitting a party to a contract ...
5 The New Delhi Municipal Council (Amendment) Act, 2011 The whole 84 2012 8 The Life Insurance Corporation (Amendment) Act, 2011 The whole 85 2012 11 The Export-Import Bank of India (Amendment) Act, 2011 The whole 86 2012 26 The North-Eastern Areas (Reorganisation) and Other Related Laws (Amendment) Act, 2012 The whole 87 2012 36
The Motor Vehicles (Amendment) Act, 2015 44 2015 5 The Insurance Laws (Amendment) Act, 2015 45 2015 10 The Mines and Minerals (Development and Regulation) Amendment Act, 2015 46 2015 12 The Andhra Pradesh Reorganisation (Amendment) Act, 2015 47 2015 14 The Regional Rural Banks (Amendment) Act, 2015 48 2015 16 The Warehousing Corporations ...
South-Eastern Underwriters Association that the federal government could regulate insurance companies under the authority of the Commerce Clause in the U.S. Constitution and that the federal antitrust laws applied to the insurance industry. The Act was sponsored by Senators Pat McCarran (D-Nev.) and Homer Ferguson (R-Mich.
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Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed ...
We began the exercise of identifying unnecessary laws and repealing them. 1,877 Central laws have been identified for repeal." [1] The Repealing and Amending (Fourth) Bill, 2015 was introduced in the Lok Sabha on 27 July 2015 by the Minister of Law and Justice, D.V. Sadananda Gowda. The bill sought to repeal 295 Acts, including over 20 Acts ...