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Results: 1-10 of 212

Marine insurance contract formation

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • December 31 2008

In Allianz Insurance Co - Egypt v Aigaion Insurance Co SA Lawtel 19.12.08 the Appellant marine reinsurance company appealed against a decision that it was liable to the Respondent reinsured for its share of the loss suffered following a casualty in a fleet of insured tugs

Insurance Companies Act amendments delayed to January 1 , 2010

  • Borden Ladner Gervais LLP
  • -
  • Canada
  • -
  • February 26 2008

An Act to amend the law governing financial institutions and to provide for related and consequential matters, came into force, for the most part, on April 20

Insurance coverage required for expansion of Panama Canal expected to exceed $100 million

  • Edwards Wildman Palmer LLP
  • -
  • Panama
  • -
  • September 4 2009

The Panama Canal Authority (ACP) has reportedly indicated that it expects its total insurance coverage needs for the expansion of the Panama Canal to exceed $100 million

UK Court of Appeals dismisses reinsurer’s appeal of decision finding creation of reinsurance contract prior to casualty

  • Jorden Burt LLP
  • -
  • United Kingdom
  • -
  • January 27 2009

We previously posted on November 12, 2008 about a British court's decision holding that a reinsurance contract was created prior to a putatively covered ocean-going casualty, based on certain written exchanges between the parties reflecting their negotiations

Dornoch v Westminster International court declines to join primary layer insurers to action by excess insurers

  • McDermott Will & Emery
  • -
  • United Kingdom
  • -
  • February 19 2009

Dornoch v Westminster International 2009 EWHC 201 (Admlty) relates the right of marine insurers under the Marine Insurance Act 1906 to take over a vessel after it has become a constructive total loss as the result of a collision

Court refuses blanket materiality rule for insurance application misrepresentations

  • Jorden Burt LLP
  • -
  • USA
  • -
  • February 16 2009

The parties in this case moved for summary judgment as to whether the theft of Defendants' boat was covered under a maritime insurance policy

Marine insurance ‘at all times’

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • March 30 2008

In Pratt v Aigaion Insurance Co SA Butterworths Law Direct 14.3.08 the Claimant was the owner of a fishing trawler

Insurance policy exclusions for loss occasioned by 'faulty or improper design'

  • McMillan LLP
  • -
  • Canada
  • -
  • May 12 2009

A recent Supreme Court judgment has clarified the standard that is necessary for the 'faulty or improper design' insurance exclusion to apply

New York Governor Spitzer proposes additional $15 fee on all auto policies

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • February 22 2008

As part of raising the proposed $1 billion Upstate Revitalization Fund in New York Governor Eliot Spitzer's Executive Budget, Spitzer has requested that surcharges on all automobile policies issued in New York be raised by $15; the current surcharge is $5

Strike out

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • April 30 2008

In Artibell Shipping Company Ltd v Markel International Insurance Company Ltd 2008 EWHC 811 the action was part of a number of claims and counterclaims following a CTL, involving the Claimant shipowner, Defendant hull underwriters, cargo interests and mortgagees

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