ABSTRACT

This chapter describes case study a widely publicised case of moral hazard, the mis-selling of insurance policies in the United Kingdom since the 1980s. It analyses it as a clear challenge to the principle of uberrima fides which has traditionally been interpreted in the UK as an expectation on the principal to reveal relevant facts to the agent. The idea of orders of truth is employed to 'problematise' trust, as sign, and present the case of mis-selling as a problem of a liberal order of governance. The chapter begins by introducing uberrima fides as a problem that lies at the core of the very idea of social and political community. It presents the case of mis-selling of insurance in the UK. The chapter explains the idea of trust as a signifier of orders of truth.