Apex court dismisses luxury car firm’s bid to revive RM1.5mil insurance claim
The Federal Court upholds the Court of Appeal’s Feb 9 ruling that an insurance company was justified in repudiating the claim over an accident involving a Ferrari.
The Federal Court has dismissed a luxury car company's attempt to reopen a RM1.5 million insurance claim following an accident involving a Ferrari. The dispute arose when Bespoke Motoring Sdn Bhd sought leave to appeal a Court of Appeal decision that allowed insurance firm AmGeneral Insurance Bhd to void the claim due to undisclosed material facts.
The Federal Court ruled that the company had not met the criteria for leave to appeal, as the case did not involve novel legal or constitutional issues of public importance. As a result, the Court of Appeal's February 9 ruling remains in effect, upholding AmGeneral's right to repudiate the claim after discovering the driver's violation of traffic rules, which was not disclosed in the initial claim form.
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- Apex court dismisses luxury car firm’s bid to revive RM1.5mil insurance claim freemalaysiatoday.com