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Effects Of Insurance On Maritime Liability Law

RRP $32.99

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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.


The Law Of Liability Insurance

RRP $923.99

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This book provides an authoritative and comprehensive review of all aspects of the law that relate to liability insurance contracts.

Taking an international comparative perspective, The Law of Liability Insurance covers all the major types of liability insurance, not just professional indemnity insurance, presenting the issues according to the general principles of contract law. The book begins by concentrating on the fundamentals of the liability insurance contract before moving on to cover conditions, defence, exclusions, and finally claims against and non-payment by the insurer.

This book will be an invaluable reference tool for practitioners and professionals working in the commercial liability insurance industry, including those who operate globally, as well as being a source for academics and post-graduate students.


Effects Of Insurance On Maritime Liability Law

RRP $491.99

Click on the Google Preview image above to read some pages of this book!

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.


General Smedley Darlington Butler

RRP $402.99

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Major General Smedley Darlington Butler was a maverick Marine, the emblem of the old corps, and one of the most controversial figures in Marine history. He was a high school dropout who became a major general; a Quaker and a devout family man who was one of the toughest of the Marines; an aristocrat who championed the common man; a leader who thought of himself as striving to help the oppressed of the countries he occupied as the commander of an imperial fighting force. This work is an annotated edition of his letters covering the period from Butler's commissioning as a Second Lieutenant in the U.S. Marine Corps to his retirement as a Major General. This is the first time the majority of these letters have been made public, and the book offers the reader a first-hand look at the motivations and attitudes of the American military as it implemented U.S. foreign policy at the turn of the century. There is extensive coverage of U.S. interventions in Nicaragua, Haiti, and China from a man on the scene, offering an immediate perspective to those events. General Butler won two Congressional Medals of Honor, as well as numerous other U.S. and foreign medals, including two Umbrellas of Ten Thousand Blessings from two Chinese cities--honors never before given to a non-Chinese. Military and diplomatic historians, as well as Marine and Navy enthusiasts, will find this superbly edited and annotated collection of interest and value.


The Economics Of Insurance Regulation

RRP $519.99



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