WILLIAM JACKSON & SONS LTD v OUGHTRED & HARRISON (INSURANCE) LTD

[2002] Lloyd's Rep IR 230

QUEEN’S BENCH DIVISION COMMERCIAL COURT

Before Mr Justice Morison

Insurance (property) - Insurance broker - Property undervalued at start of development work - Average Clause in policy - Fire caused partial loss - Whether brokers liable for shortfall - Whether brokers under a duty to advise claimants to have property revalued during course of works - Whether brokers negligent in failing to advise clients to insure building due to be demolished for costs of removal of rubble only.