The Institute of International Shipping and Trade Law held a symposium in July 2008 at Lloyd’s of London on the Law Commissions’ Reform Proposals on Marine and Commercial Insurance. Reforming Marine and Commercial Insurance Law is based on thought provoking discussions at the symposium. The book provides a comprehensive, coherent, and practical legal analysis of the work currently undertaken by the English and Scottish Law Commissions with a view to reforming the current legal regime. Written by a team of experts from the legal profession, insurance market, and academia, the book offers a critical discussion on the legal and practical implications of planned law reform in this area. Table of contents include: Reforming Pre-contractual Information Duties of the Assured: A Case against the Reform • Reforming Pre-contractual Information Duties of the Assured: A Case for the Reform • Reforming Pre-contractual Information Duties of the Intermediaries of the Assured • Reforming Pre-contractual Information Duties: A Market Perspective • Reforming Warranties • Reforming Warranties: Are We Going Forward or Backwards? • Insurable Interest • Post-contractual Good Faith and Late Payment of Claims • What Does the Future Hold?