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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.
Builder's risk insurance is "coverage that protects a person's or organization's insurable interest in materials, fixtures and/or equipment being used in the construction or renovation of a building or structure should those items sustain physical loss or damage from a covered cause." [2]
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.
Allstate continued to sell additional types of insurance to customers throughout the decade, including worker's-compensation insurance in 1964, surety bonds in 1966, inland-marine coverage in 1967, and a business package policy in 1969. [7]
Pages in category "Marine insurance" The following 9 pages are in this category, out of 9 total. ... Inland marine insurance; L. Loss payee clause; M. Marine insurance;
Shelter Insurance Company is a mutual insurance company which focuses on auto, property, business, and life Insurance. It operates in fifteen U.S. states and the headquarters is in Columbia, Missouri.
Top 25 water ports by tonnage. This is a list of ports of the United States, ranked by tonnage. [1] Ports in the United States handle a wide variety of goods that are critical to the global economy, including petroleum, grain, steel, automobiles, and containerized goods.
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.