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Like ocean marine insurance, inland marine insurance has been traditionally less regulated in the United States. [3] Inland marine policies became known as "floaters" since the property to which coverage was originally extended was essentially "floating." The coverage has grown to include property that just involves an element of transportation.
General liability coverage include owners/contractors protective, products/completed operations, liquor law, and employee benefit liabilities; commercial property coverage comprise building, personal property, business income/extra expense, crime, inland marine, equipment breakdown, and bailees’ coverage; commercial auto coverage include auto and truckers general liabilities, auto physical ...
The Bureau of Marine Fisheries separated from the Division of Game and Inland Fisheries in 1939. The new Division of Marine Fisheries was created to enforce the marine fisheries laws and to appoint coastal wardens. In 1941, a Bureau of Law Enforcement was created within the Division of Game and Inland Fisheries and the Division of Marine Fisheries.
Protection and indemnity insurance, more commonly known as P&I insurance, is a form of mutual maritime insurance provided by a P&I club. [1] Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P&I club provides cover for open-ended risks that traditional insurers are reluctant to insure.
Marine insurance traditionally formed the majority of business underwritten at Lloyd's. Nowadays, Marine insurance is often grouped with Aviation and Transit (cargo) risks, and in this form is known by the acronym 'MAT'. It is common for marine insurance agencies to compete with the offerings provided by local insurers.
The purpose of IFSMA is to bring the Shipmasters' views on matters of marine safety, maritime security and protection of the marine environment to recognition at the required level and, at the same time, to forge a more exclusive and professional status for Shipmasters, one based upon their professional responsibility toward both shipowners and ...
The International Longshoremen's Association (ILA) is a North American labor union representing longshore workers along the East Coast of the United States and Canada, the Gulf Coast, the Great Lakes, Puerto Rico, and inland waterways; on the West Coast, the dominant union is the International Longshore and Warehouse Union. The ILA has ...
International Marine Contractors Association (IMCA) is a leading international trade association for the marine contracting industry.It is a not for profit organisation with members representing the majority of worldwide marine contractors in the oil and gas and renewable energy industries.