Search results
Results from the WOW.Com Content Network
Original file (629 × 972 pixels, file size: 17.95 MB, MIME type: application/pdf, 520 pages) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
A peculiarity of marine insurance, and insurance law generally, is the use of the terms condition and warranty. In English law, a condition typically describes a part of the contract that is fundamental to the performance of that contract, and, if breached, the non-breaching party is entitled not only to claim damages but to terminate the ...
Original file (660 × 1,012 pixels, file size: 18.13 MB, MIME type: application/pdf, 520 pages) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
The Marine Insurance Act 1906 (8 Edw. 7. c. 41) is a UK act of Parliament regulating marine insurance. The act applies both to "ship & cargo" marine insurance, and to P&I cover. The act was drafted by Sir Mackenzie Dalzell Chalmers, who had earlier drafted the Sale of Goods Act 1893. The act is a codifying act, that is to say, it attempts to ...
A charterparty (sometimes charter-party) is a maritime contract between a shipowner and a "charterer" for the hire of either a ship for the carriage of passengers or cargo, or a yacht for leisure.
The Lloyd's Open Form, formally "Lloyd's Standard Form of Salvage Agreement", and commonly referred to as the LOF, is a standard form contract for a proposed marine salvage operation. Originating in the late 19th century, the form is published by Lloyd's of London and is the most commonly used form for international salvage.
The Model Marine Insurance Act of 1922 regulated Marine insurance in the District of Columbia and was intended as a model for the states to follow. [1] It was passed on the initiative of the House Committee on Merchant Marine and Fisheries as being one of a series of steps necessary to improve the shipping trade and the commerce of the U.S, by putting them more on parity with other competing ...
This led to marine insurers competing in the fire insurance marketplace against fire insurance companies. Ultimately, the National Association of Insurance Commissioners in the United States regulated the situation, adopting a Nationwide Marine Definition in 1933 which laid out what types of property were eligible for "inland marine" insurance ...