Importer Be Aware!

If you are an importer of cargo from overseas and are relying on your seller’s insurance policy to protect your cargo investment in the event of a claim, be aware! You need to ask a number of questions:a) What currency is the insurance in?b) What are the...

UK Marine Insurance Act 1906 under Review

The over century old Marine Insurance Act codified the practices, customs and usages of the day in relation to commercial marine contracts. The Act is about to be reformed. Insurance buyers and their representatives welcomed the proposed changes they say will result...

Piracy on the High Seas

I was watching the movie “Captain Philips” the other day and reminded myself that not all is Hollywood drama. Behind this powerful production is a true story, a reminder that there is nothing glamorous or romantic about piracy. It has been and continues to...

Insurance Bad Faith 23 October 2007

A Parting of the Ways The Approach of Canadian Courts to Bifurcation of Bad Faith Claims on First-Party Property Losses By Havelock Madill The trend as seen in the United States of insureds conjoining bad faith claims with suits arising from denial of first-party...