Watch employer's insurance to avoid personal liability minefield
Lindsey, S
Watch employer's insurance to avoid personal liability minefield - 2001 - Architects' Journal 16(213) 26 April 2001, 48(1) .
Discusses the case of "Merrett v Babb", in which a surveyor, Babb, conducted a valuation report on behalf of his employer for a building society which related to a house for which Merrett wanted a mortgage. When Babb's employer became bankrupt and the firm's professional indemnity insurance was stopped, Babb was held personally liable to Merrett for incorrectly valuing the house. The case shows that whilst employers will usually be liable for their employees' actions, it is important for surveyors who often give important advice, to ensure they are covered personally by their employer's insurance and to consider personal insurance if this protection ends.
MERRETT V BABB
SMITH V BUSH
MORTGAGE VALUATIONS
SURVEYORS
DUTY OF CARE
PROFESSIONAL INDEMNITY INSURANCE
PERSONAL LIABILITY
Watch employer's insurance to avoid personal liability minefield - 2001 - Architects' Journal 16(213) 26 April 2001, 48(1) .
Discusses the case of "Merrett v Babb", in which a surveyor, Babb, conducted a valuation report on behalf of his employer for a building society which related to a house for which Merrett wanted a mortgage. When Babb's employer became bankrupt and the firm's professional indemnity insurance was stopped, Babb was held personally liable to Merrett for incorrectly valuing the house. The case shows that whilst employers will usually be liable for their employees' actions, it is important for surveyors who often give important advice, to ensure they are covered personally by their employer's insurance and to consider personal insurance if this protection ends.
MERRETT V BABB
SMITH V BUSH
MORTGAGE VALUATIONS
SURVEYORS
DUTY OF CARE
PROFESSIONAL INDEMNITY INSURANCE
PERSONAL LIABILITY