Lawyers and Determination of Liability in Boating Accidents

In 2005, the United States Coast Guard reported 4,969 boat accidents – 697 of them resulted to fatalities while 3,451 were injuries. This statistics show that boat accidents occur in great number and that they often result to a fatal outcome. Majority of these can be attributed to...

The first modern insurance company – Part 2

When looking at modern insurance, Edward Lloyd is where our story starts. In the 1690s Edward had a coffee house on Tower Street in London. Merchants and ship owners were attracted there because during a time of poor communication, he posted the latest, and what was widely regarded the...

How To Shop For Boat Insurance

If you have a boat, you need boat insurance! Shopping for boat insurance is a bit different from shopping for car insurance, even though the concept is much the same. Boat insurance will protect you against losses incurred while operating your boat, and while transporting your boat. Most...

Maritime Fraud – Bharatbook.com

Bharatbook.com is proud to announce the new report “Maritime Fraud” (http://www.bharatbook.com/detail.asp?id=25531). The book covers all varieties of maritime fraud, from the most serious downwards, describing the methods employed and the risks to traders and carriers. At the serious...

The loss or no loss policy in marine insurance – Part 1

Lost or Not Lost Policy: This is a policy whereby the subject-matter is insured "lost or not lost". The insurer insures the goods irrespective of the fact whether they are already lost or not before the issue of the policy. Sometimes it happens that a merchant receives the...