Marine Insurance Fraud in International Trade

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Author :
Publisher : Hyperion Books
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (5 download)

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Book Synopsis Marine Insurance Fraud in International Trade by : Michael Ford

Download or read book Marine Insurance Fraud in International Trade written by Michael Ford and published by Hyperion Books. This book was released on 1993 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

'Gotcha'

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Author :
Publisher : iUniverse
ISBN 13 : 0595327400
Total Pages : 205 pages
Book Rating : 4.5/5 (953 download)

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Book Synopsis 'Gotcha' by : Ed Geary

Download or read book 'Gotcha' written by Ed Geary and published by iUniverse. This book was released on 2004-10 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: STEAL, CHEAT, AND LIE YOUR WAY TO THE TOP-a growing practice on both sides of the Atlantic that's costing consumers millions each year. Marine insurance is based on Uberrimae Fidei or utmost good faith but it hasn't worked out that way. Author Ed Geary closely examines the schemes of marine insurance fraud and conspiracy that involves not only boat owners and policy holders, but insurance brokers, and marine underwriters. During his five year USCG training mission of the Venezuelan Coastguard Geary's disclosure of the Central Intelligence Agency's clandestine Operation Deep Six to destabilize the elected government of Venezuela and install Hugo Chavez as president put him in the cross-hairs of the Agency. Silencing him became an even greater priority when Geary exposed the CIA's theft of high value yachts used in idiotic schemes to smuggle narcotics from Colombia to the United States. Gotcha delves into the flawed business practices of The London Salvage Association that ultimately destroyed an organization that's been around before the reign of Queen Victoria and exposes the fraud and "trickle-down-corruption" that has tainted the Lloyd's Agency System. After the melt-down of ENRON and WorldCom the cover-up of Arthur Andersen's fraudulent ship valuation conspiracy by the once reliable Lloyd's List in London challenges the imagination.

Marine Insurance Fraud

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Author :
Publisher : CRC Press
ISBN 13 : 1317746236
Total Pages : 527 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis Marine Insurance Fraud by : Baris Soyer

Download or read book Marine Insurance Fraud written by Baris Soyer and published by CRC Press. This book was released on 2014-07-25 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive and coherent legal analysis of the impact of fraud on the position of various parties to a marine insurance contract, as well as the cover provided by standard marine policies. The issues under discussion in this invaluable guide are also equally relevant in the context of non-marine insurance contracts. Helpfully divided into two parts; the first part deals with the impact of fraud committed by parties to an insurance contract i.e. the assured, brokers and insurers.The second part analyses the extent to which standard marine policies cover the fraudulent and dishonest activity of third parties to an insurance contract. This book will be of huge practical assistant to practitioners specialising in marine insurance as well as insurance generally, and to professionals, academics and post-graduate students.

Tackling Insurance Fraud

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Author :
Publisher : Taylor & Francis
ISBN 13 : 100034052X
Total Pages : 198 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Tackling Insurance Fraud by : Lynne Skajaa

Download or read book Tackling Insurance Fraud written by Lynne Skajaa and published by Taylor & Francis. This book was released on 2020-11-25 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance fraud is a growing problem on a global scale. The ABI estimates that fraudulent insurance claims on motor and household policies alone cost insurers in excess of £1 billion every year. This book provides an analysis of the insurance industry’s response to the problem and examines fraud from legal and practical perspectives to determine how to manage and reduce fraud. Key issues covered include: fraud in the insurance and reinsurance context, a look at industry-wide initiatives and individual insurance companies’ approaches to the problem, consideration of recent legal developments and a look at how insurance fraud is tackled in other jurisdictions. Includes a chapter on marine insurance fraud.

Global Pirates

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Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Global Pirates by : Robert Tillman

Download or read book Global Pirates written by Robert Tillman and published by . This book was released on 2002 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1990, a congressional subcommittee warned of financial knaves and buccaneers in the insurance industry-unlicensed and largely unregulated companies that operate out of countries like Antigua and the Cayman Islands and sell hundreds of millions of dollars in worthless insurance policies to unsuspecting Americans every year. Increasingly, when a fire, car accident, or medical emergency strikes, policyholders suddenly find themselves victims of a global con game as phone calls are not returned and claim settlements fall to materialize, resulting in financial ruin if not physical harm. Global Pirates is a critical investigation of international insurance fraud. Robert Tillman portrays the often surreal world of the burgeoning offshore insurance industry; a world in which sophisticated white-collar criminals operate beyond the reach of government regulators to set up elaborately orchestrated scams that drain illegal profits out of the $3 trillion U.S. insurance market. He also describes how the new global economy allows these scam artists to take advantage of rapidly changing financial markets and the regulatory environments that surround them. Drawing on congressional hearings, co

Marine War-risk Insurance

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Author :
Publisher :
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.0/5 (18 download)

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Book Synopsis Marine War-risk Insurance by : United States. Congress. House. Committee on Merchant Marine and Fisheries

Download or read book Marine War-risk Insurance written by United States. Congress. House. Committee on Merchant Marine and Fisheries and published by . This book was released on 1939 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Principle of Indemnity in Marine Insurance Contracts

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540490744
Total Pages : 307 pages
Book Rating : 4.5/5 (44 download)

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Book Synopsis The Principle of Indemnity in Marine Insurance Contracts by : Kyriaki Noussia

Download or read book The Principle of Indemnity in Marine Insurance Contracts written by Kyriaki Noussia and published by Springer Science & Business Media. This book was released on 2007-08-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses legal issues related to the principle of indemnity in marine insurance contracts as well as disputes that may arise in a representative sample of common and continental law jurisdictions. It offers a comparative examination of Australian, English, Canadian, French, Greek, Norwegian and U.S. law. It examines the scope for a legal reform and the potential of achieving a better, more flexible, and modern indemnification regime.

Marine Insurance as an Aid to the Development of the Foreign Trade

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Author :
Publisher :
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.:/5 (277 download)

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Book Synopsis Marine Insurance as an Aid to the Development of the Foreign Trade by : Alexander James Kislitzin

Download or read book Marine Insurance as an Aid to the Development of the Foreign Trade written by Alexander James Kislitzin and published by . This book was released on 1926 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Function of Protection & Indemnity Marine Insurance in Relation to Ship Owner ́S Liability for Cargo Claims

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Author :
Publisher : AuthorHouse
ISBN 13 : 1524628840
Total Pages : 109 pages
Book Rating : 4.5/5 (246 download)

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Book Synopsis The Function of Protection & Indemnity Marine Insurance in Relation to Ship Owner ́S Liability for Cargo Claims by : Joseph Tshilomb JK, LLM;MSc

Download or read book The Function of Protection & Indemnity Marine Insurance in Relation to Ship Owner ́S Liability for Cargo Claims written by Joseph Tshilomb JK, LLM;MSc and published by AuthorHouse. This book was released on 2016-03-04 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early days of shipping and international maritime trade many more casualties occurred at sea. Ever since, ship owners liability for cargo claims has been increasing both in number and in cost in spite of the huge technical development in international maritime transport. In order to make it easier for ship owners to operate safely and efficiently the Protection and Indemnity appeared around 1870 as mutual marine insurance. Besides Hull & Machinery and Cargo Insurance offered on the international commercial market in insurance, Protection and Indemnity Insurance (known under the acronym P&I) is a ship owners insurance cover for legal liabilities to third parties. This cover is generally achieved by entering the ship in a mutual insurance club. Nowadays, the mutuality is performed by an underwriter who endeavors to see that each owner carries his fair share of the risk. The members of P&I clubs are ship owners, charterers or ship management companies. At present, a major function of the Protection and Indemnity insurance is to cover the ship owner for legal and contractual liability for loss of cargo or damage to cargo if there has been a breach of the carriage contract. This liability is called Third party liability. The ship owner will handover the cargo claim to his P&I Club. In order to clarify this liability, Article 3, Paragraph 2 of the Hague Visby rules stipulates: Subject to the provisions of Article 4 the carrier shall properly and carefully load, handle, stow, carry, keep, care for and discharge the goods carried. Therefore, the focus in this research study is placed on the function of Protection and Indemnity insurance covering the ship owners liability for damage to cargo or loss of cargo.

Effects of Insurance on Maritime Liability Law

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 331903488X
Total Pages : 330 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Effects of Insurance on Maritime Liability Law by : Muhammad Masum Billah

Download or read book Effects of Insurance on Maritime Liability Law written by Muhammad Masum Billah and published by Springer Science & Business Media. This book was released on 2014-01-07 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines how the absence of insurance in the past led to some special maritime liability law principles such as ‘general average’ (i.e., losses or expenses shared by all the parties to a maritime adventure) and the limitation of shipowners’ liability. In the absence of insurance, these principles served the function of insurance mostly for shipowners. As commercial marine insurance is now widely available, these principles have lost their justification and may in fact interfere with the most important goal of liability law i.e., deterrence from negligence. The work thus recommends their abolition. It further argues that when insurance is easily available and affordable to the both parties to a liability claim, the main goal of liability law should be deterrence as opposed to compensation. This is exactly the case with the maritime cargo liability claims where both cargo owners and shipowners are invariably insured. As a result, the sole focus of cargo liability law should be and to a great extent, is deterrence. On the other hand in the vessel-source oil pollution liability setting, pollution victims are not usually insured. Therefore oil pollution liability law has to cater both for compensation and deterrence, the two traditional goals of liability law. The final question the work addresses is whether the deterrent effect of liability law is affected by the availability of liability insurance. Contrary to the popular belief the work attempts to prove that the presence of liability insurance is not necessarily a hindrance but can be a complementary force towards the realization of deterrent goal of liability law.

Marine Insurance: The Law in Transition

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000341429
Total Pages : 344 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Marine Insurance: The Law in Transition by : Rhidian Thomas

Download or read book Marine Insurance: The Law in Transition written by Rhidian Thomas and published by Taylor & Francis. This book was released on 2020-11-26 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines and analyses in depth the specific issues which are currently occupying the marine insurance markets and the law. The London market is currently re-examining its practices and international competitiveness; and the English case law is growing significantly. The issues identified in the book are the “fundamental issues” on which marine insurance law is based, and which are in the process of being re-examined and developed further to respond to the needs of modern insurance practice. They are of wider interest to insurance law in general and the evolution of English law is analysed against the backdrop of legal developments in Europe and Scandinavia.

Miller's Marine War Risks

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1351859498
Total Pages : 353 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis Miller's Marine War Risks by : Michael Davey

Download or read book Miller's Marine War Risks written by Michael Davey and published by Taylor & Francis. This book was released on 2020-06-24 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Miller's Marine War Risks is the only book devoted to drawing together and analysing the insurance of commercial shipping against war risks. It merges analysis of the legal principles, case law, and legislation with the practice of the insurance market in order to provide commentary on difficult questions concerning liabilities, claims, and coverage. With global events becoming more uncertain in the Gulf and elsewhere, the updating of Michael Miller’s classic text will be of great use to legal practitioners, the insurance market, and the shipping industry throughout the world.

Research Handbook on Marine Insurance Law

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781803926674
Total Pages : 0 pages
Book Rating : 4.9/5 (266 download)

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Book Synopsis Research Handbook on Marine Insurance Law by : Özlem Gürses

Download or read book Research Handbook on Marine Insurance Law written by Özlem Gürses and published by Edward Elgar Publishing. This book was released on 2024-03-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This erudite Research Handbook presents in-depth analyses on marine insurance law, exploring its fundamental issues, legal conflicts and the ways in which technology has changed the marine insurance landscape. Bringing together a vast array of expert legal scholars and practitioners, this book adeptly relates marine insurance to international trade, cyber insurance and pandemic exclusions. Chapters cover protection and indemnity insurance, marine insurance fraud and emerging technology, total losses under marine policies and the insurance requirements in Incoterms(R) 2010 and 2020. Offering a detailed assessment of crucial legal principles including duty of utmost good faith, subrogation in co-insurance, wilful misconduct of the assured and conflicts of law, this Research Handbook provides a vital contribution to this continually developing legal field. The Research Handbook on Marine Insurance Law will be a necessary resource for academics, researchers and students specialising in maritime law, international commercial law, insurance law and private international law. Providing practical case studies as evidence, it will also be beneficial to legal practitioners and professionals working in shipping and international trade industries.

Maritime Fraud

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Publisher :
ISBN 13 :
Total Pages : 122 pages
Book Rating : 4.3/5 (5 download)

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Book Synopsis Maritime Fraud by : Peter Kapoor

Download or read book Maritime Fraud written by Peter Kapoor and published by . This book was released on 1985 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Insuring Cargoes

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Publisher : Damaris Publishing
ISBN 13 : 9781905331956
Total Pages : 544 pages
Book Rating : 4.3/5 (319 download)

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Book Synopsis Insuring Cargoes by : K. S. Vishwanath

Download or read book Insuring Cargoes written by K. S. Vishwanath and published by Damaris Publishing. This book was released on 2010 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Law of International Trade

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Publisher :
ISBN 13 :
Total Pages : 448 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Law of International Trade by : Mark S. W. Hoyle

Download or read book The Law of International Trade written by Mark S. W. Hoyle and published by . This book was released on 1981 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Marine Insurance and World Trade

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Author :
Publisher :
ISBN 13 : 9781853690532
Total Pages : pages
Book Rating : 4.6/5 (95 download)

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Book Synopsis Marine Insurance and World Trade by : Chartered Insurance Institute

Download or read book Marine Insurance and World Trade written by Chartered Insurance Institute and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: