An engine room fire aboard the Insignia–a cruise ship belonging to Norwegian Cruise Lines’ subsidiary, Oceania Cruises–claimed three lives yesterday morning. A total of five individuals were caught in the blaze, specifically, three contractors and two crew members. According to reports, all five were taken to a medical facility in […]
Category: Wrongful Denial of Marine Insurance Claim
Sad new coming from New Orleans. Carnival Cruise Lines acknowledges a Carnival Conquest crew member died Sunday morning at the Port of New Orleans while working on the cruise ship’s exterior. The accident occurred when the crew member was performing maintenance work on the side of the vessel while the […]
Many boat owners do not know Great Lakes insurance company buries a provision in its marine insurance policy requiring all disputes arising from the policy be governed under New York law in the absence of “well established, entrenched principles and precedents of substantive United States Federal Admiralty law”. Even if […]
Sometimes marine insurance companies outright deny claims, but more often, they file what is known as declaratory judgment actions. A declaratory judgment action asks a federal court if an interpretation of the insurance policy — usually an exclusion clause — can be used to deny the claim. Depending upon the […]
Upon receiving a claim notice, it is often times a marine insurance company’s knee jerk reaction to tell the yacht owner to take all reasonable precautions to mitigate and lessen the damages or the claim will be denied. The yacht owner, wanting the marine insurance company to pay the claim, […]
