ABI Contribution Rules
The ABI Property Committee has agreed that the ABI contribution rules should be terminated.
The contribution rules had appeared in the ABI "Blue Book" of recommended practices, wordings and procedures relating to material damage and business interruption insurance. The Committee and the Property Claims Forum agreed that the contribution rules needed to either be updated or dispensed with. A majority of members favoured dispensing with them. The contribution rules as set out in the Blue Book will therefore not apply to claims with a date of loss after the end of April 2012.