ACKMAN AND OTHERS AND SCHER AND OTHERS v. THE POLICYHOLDERS PROTECTION BOARD, ROYAL INSURANCE (U.K.) LTD. AND NEW HAMPSHIRE INSURANCE CO. (NO. 2)
[1994] 1 Lloyd's Rep. 121
HOUSE OF LORDS
Before Lord Templeman, Lord Griffiths, Lord Ackner, Lord Goff of Chieveley and Lord Mustill
Insurance (Professional Liability) - Policyholders Protection Board - Professional individuals and professional corporations in New York and Canada insured against professional negligence - Insurers insolvent - Whether policies United Kingdom policies - Whether plaintiffs private policyholders - Meaning of “liability” - Whether plaintiffs could claim against board - Policyholders Protection Act, 1975, ss. 4, 6(7), 8(2) - Insurance Companies Act, 1982, s. 96.