The law governing marine insurance in the United States has long been a source of considerable confusion. And if there was once a clear set of principles applicable in such cases, the Supreme Court ...
In a 9-0 decision, the U.S. Supreme Court held on February 21, 2024, that choice-of-law clauses in marine insurance contracts are presumptively enforceable under federal maritime law. These clauses ...
In a unanimous 9-0 decision delivered on February 21, 2024, the US Supreme Court in Great Lakes Insurance SE v. Raiders Retreat Realty Co., LLC (“Great Lakes”) reinforced the enforceability of ...
Predictability is a central premise of marine insurance. Insurers rely on information provided by the insured to foresee risks relating to a given marine undertaking. Marine insurance is the oldest ...
The Supreme Court is seen on Capitol Hill in Washington on April 14, 2023. (AP Photo/J. Scott Applewhite) WASHINGTON (CN) — The Supreme Court unanimously ruled that federal law should prevail in a ...
The European Union's sixth package of sanctions against Russia, approved on Thursday, includes an immediate ban on new insurance contracts for ships carrying Russian oil and existing contracts are to ...