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Group to claim millions from State over bungled insurance fund
Kensilver Express Ltd, a transport firm and 192 others, had accused the Attorney-General (AG) of failing to advise the then Finance minister to effect the fund.
More than 190 motor vehicle owners have been allowed to demand millions of shillings from the government for blunders that protected United Insurance Company from settling claims arising from accidents after the insurer’s collapse in 2005.
In a precedent-setting decision that could expose taxpayers to major losses, the Court of Appeal said the government was responsible for the losses suffered by policyholders over the delay in implementing the Policyholders Compensation Fund in 2005.
