High Court rejects insurer’s ‘narrow interpretation’ of construction guarantee
If Hollard’s ‘contradictory’ interpretation were correct, it could never be held liable to make payment, says judge.
The investigation into the Road Accident Fund has uncovered a significant rise in default judgments, accumulating to R4.7 billion from 2018 through the second quarter of 2023.
If Hollard’s ‘contradictory’ interpretation were correct, it could never be held liable to make payment, says judge.