Russian aviation insurance claims in the Commercial Court and Covid-19 business interruption cases continued apace in 2024 while the Court of Appeal considered the operation of a Warranty & Indemnity policy for the first time. For market-leading analysis of these developments and other hot topics in insurance litigation, read our Disputes Yearbook below. https://lnkd.in/ejDfFzKF #herbertsmithfreehills #insurancelitigation #disputesyearbook #commerciallitigation
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What a Marine Cargo Surveyor Needs to Know About Insurance claim and survey
Expert witness insurance Claim Investigation services | AIMGroup
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⛵ Any day at sea can become a challenge. We know these things happen and are here to help. At Almar Lawyers we understand the difficulties in maritime accidents, insurance claims and wreck removal costs. ⚓ Trust a professional team to deal with your process. https://lnkd.in/eYrxuCs6 . . . . #MaritimeLawyers #MaritimeAccidents #MaritimeLaw #YachtingLaw #Ibiza #InsuranceClaims #ProtectYourYachts #IbizaYachts #YachtsInsurance #IbizaNautica
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Bisma Halling and I had an excellent meeting with the outstanding London Belgravia Group yesterday to chew over the synergy between the extensive legal indemnity insurance arrangements that IREDD offer and the innovative latent defect and warranty solutions that they provide to their property development and construction clients. #legalindemnity #insurance #latentdefects #propertydevelopment #realestate
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With several different types of cargo insurance, selecting the coverage that best suits your shipping needs can get confusing. Explore the different policies of MTC, Cargo Legal Liability, and All Risk Shippers Insurance here: https://hubs.ly/Q02GWjpm0 #FalveyInsuranceGroup #MarineCargo #ShippingIndustry #MotorTruckCargo #MTC #CargoLiability #ShippingInsurance #CargoInsurance
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Detainment Clause One of the provisions under Marine Insurance is the Detainment Clause. When detainment clause is activated, the claim is considered as Constructive Total Loss (CTL). CTL usually ends up becoming Actual Total Loss (ATL). The detainment clause can only be activated after 12 consecutive month of the detainment even if the ship and the cargo on borad are not physically damaged. Detainment for cargo can be 6 months. Not all detainments can result in claims. There are some exceptions to this provision.
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This is a clear example on how maritime claims are handled… the “simple fact of knowing a defect” could make a difference between paying 44 $ millions or 4$ billions… The two most important aspects to consider are the Owner’s limited liability and Privity of Knowledge…
Retired Canadian Coast Guard Safety and Security Superintendent, DPA, CSO, Member of My Ocean Life - CHA Member - Hydrospatial Advocate - #Hydrospatial
Insightful summary of where the insurance claims are to be paid and the two laws that will be used by the shipowners.
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Protect your maritime investments with marine insurance policies. Safeguard your vessels, cargo, and operations against unforeseen risks on the open seas. Contact us today to learn more about our coverage options for your maritime insurance needs. https://smpl.is/9df30 #marinecargoinsurance #marineinsurance #cargoinsurance #businessinsurance #insurancenews #businessandmanagement #businessnews #insuranceadviser #insurance
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Investing in cargo insurance is essential for safeguarding your shipments and business from potential financial setbacks associated with damage or loss during transit. Learn more about cargo insurance at tgcargo.ca #cargoinsurance #cargoship
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Investing in cargo insurance is essential for safeguarding your shipments and business from potential financial setbacks associated with damage or loss during transit. Learn more about cargo insurance at tgcargo.ca #cargoinsurance #cargoship
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What does the Supreme Court's decision regarding Great Lakes Insurance SE v Raiders Retreat Realty Co., LLC mean for choice-of-law provisions? Visit our blog to learn about the ruling and its implications for maritime insurance contracts. https://bit.ly/3TdOxib
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