RE DRAKE INSURANCE PLC

[2001] Lloyd's Rep IR 643

CHANCERY DIVISION COMPANIES COURT

Before Mr Justice Neuberger

Insurance (motor) - Scheme for transfer of policies of motor insurer in provisional liquidation - Premiums - Whether policyholder entitled to return of premium on cancellation of policy by insurer - Whether entitlement ran from date of surrender of certificate or date of termination of notice - Whether right to a return of premium on cancellation by insurer was vitiated by earlier claim by policyholder - Road Traffic Act 1988, sections 149, 151 and 152 - Unfair Terms in Consumer Contracts Regulations 1999.