tag:blogger.com,1999:blog-9335848214562273802024-02-08T06:55:42.864-08:00LIG Marine BlogMark Greenwayhttp://www.blogger.com/profile/17745642056179775054noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-933584821456227380.post-34991022481981209402015-07-13T21:33:00.004-07:002015-07-13T21:33:14.083-07:00Another Claim of Record Jones Act Award
A native of Puerto Rico was recently awarded a record $7.5 million
settlement in a back and neck injury lawsuit following the sudden explosion of
an air tank aboard a marine vessel that was docked for repairs. Plaintiff
Edward Perez-Mossetty was seriously injured in the explosion. The
then-37-year-old was affecting repairs aboard the vessel on behalf of
defendants American Tugs Inc. The Mark Greenwayhttp://www.blogger.com/profile/17745642056179775054noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-5295916304868969922014-06-10T08:30:00.000-07:002015-07-13T14:23:20.497-07:00New Seaman Status Test in 5th Circuit.
On March 10, 2014, the United
States Fifth Circuit Court of Appeals upheld that a land-based vessel repair
supervisor was entitled to status as a Jones Act seaman.
Elevating Boats, LLC operates
26-30 lift boats out of Houma, Louisiana.
Larry Naquin, Sr., a vessel repair supervisor was seriously injured
while testing one of the shipyard cranes at the shipyard.
In the decision Ian Greenwayhttp://www.blogger.com/profile/00466864485317285101noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-22462484182158764332014-06-02T08:30:00.000-07:002015-07-13T13:13:40.217-07:002014 Waveline Report
We are pleased to announce the release of "Waveline
2014: State of the Marine & Longshore Market", commissioned from LIG’s
national survey in January 2014 to gauge the state of the Longshore and Marine
Insurance Market. This survey measures the changes in pricing of Longshore and
Marine Insurance over calendar years 2013 versus 2012, with projections for
2014.
The “2014 Waveline Ian Greenwayhttp://www.blogger.com/profile/00466864485317285101noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-10059731959116430322014-01-14T08:30:00.000-08:002015-07-13T13:13:40.209-07:00$850,000 BOAT INSURANCE FRAUDActing United States Attorney A. Lee Bentley, III announced a grand jury returned five indictments charging seven men with conspiracy to commit mail and wire fraud.
The men charged are John J. Kurant, Jr., of St. Augustine, Adam Horvit, of Parkland, and Christopher E. Labaire, Greg Wilson, Jerold Wolfe, John Grant, and Scott Coleman all from Jupiter. They each face a maximum penalty of 20 Ian Greenwayhttp://www.blogger.com/profile/00466864485317285101noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-3479442231441340612014-01-02T11:30:00.000-08:002015-07-13T13:13:40.224-07:00UPMOST GOOD FAITH
There has long been a principal of upmost good faith in Marine Insurance, i.e. you have to disclose information that is relevant, even if you are not asked for it and this recent case form Puerto Rico really emphasizes that
A Catlin is a Lloyd’s syndicate and the Federal Court ruled they were justified in rescinding policy coverage for a sunken dry dock because its policyholder had not Ian Greenwayhttp://www.blogger.com/profile/00466864485317285101noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-50485518355361929892013-09-30T06:13:00.001-07:002015-07-13T13:13:40.250-07:00MEL IN ALASKA -- URGENT If you work in Alaska, you have probably received a notice from the Alaska DOI regarding a hearing regarding the AK export list.  Details can be found at http://aws.state.ak.us/OnlinePublicNotices/Notices/View.aspx?id=169486 The hearing is Thursday October 3rd and the deadline for written comments is Tuesday, October at 4:30 ADT As you may be aware there have been significant issuesIan Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-25377241940155574352013-06-10T11:14:00.001-07:002015-07-13T13:13:40.220-07:00New Excess/Umbrella ProgramWe have just completed our exclusive London Excess program and are open for submissions. It provides up to a $10 million limit on a first excess/umbrella, or on excess layers and will participate when needed. No Fishing Boats nor Oil and Gas but otherwise all forms of commercial marine business can be covered. $10,000 minimum premium. Send your submissions to SUBMIT@LIGMarine.com Ian Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-52420661793272121862013-05-24T07:26:00.001-07:002015-07-13T13:13:40.255-07:002013 Waveline ReportWe are pleased to announce the release of the “"Waveline 2013: State of the Marine & Longshore Market" , commissioned from LIG’s national survey in January 2013 to gauge the state of the Longshore and Marine Insurance Market. This survey was designed to measure the changes in PRICE and AVAILABILITY of Longshore and Marine Insurance over calendar years 2012 versus 2011, with Ian Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-38192871985755373542013-03-07T11:52:00.001-08:002015-07-13T13:13:40.228-07:00Ian Greenway - Power Broker®We would like to offer our congratulations to our President, Ian Greenway, for being named as a Risk & Insurance® Power Brokers 2013, as featured in the February edition of the magazine. A Risk & Insurance® Power Broker® is an individual who stands out among their peers for the exceptional client work they delivered over the past year. While brokers play many key roles in the insurance Ian Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-40364729959870285862012-05-07T13:45:00.001-07:002015-07-13T13:13:40.233-07:00P&I Clubs Face Resistance on Rate IncreasesAn interesting article was just published by AM bests on the P&I market. You will find it at  http://www3.ambest.com/Frames/Frameserver.asp?site=press&Tab=1&altsrc=2&RefNum=66496956834984573854  Over time if the P&I club does not collect enough money up front, that forces more money into the supplemental calls down the road.  It is the old balloon trick – Ian Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-6221462334214844602012-04-09T07:00:00.001-07:002015-07-13T13:13:40.269-07:00American Marine Insurance Slip LaunchSt. Petersburg, FL, April 9, 2012 - The American Marine Insurance Slip (AMIS) has been launched to understand marine business and how to tackle these challenges, providing specialty services to meet the needs of Commercial Marine Coverages, which are among the most complex in the industry. Managed by LIG Marine Managers, the AMIS leverages LIG’s 23 years of commercial marine underwriting to Ian Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-1146192469491363812011-09-27T06:52:00.001-07:002015-07-13T13:13:40.214-07:00Family Seeks $50M in Marina DeathThe family of an 18-year-old Michigan man who died while swimming at the Clinch Park marina in Traverse City, Michigan has filed a lawsuit seeking $50 million. Michael Knudsen’s family said it wants to prevent similar deaths with the lawsuit against the city and others. Mayor Chris Bzdok said the death is a tragedy that needs to be investigated. Knudsen died Aug. 15 after he swam off a dock Ian Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-47027541176642174752011-07-25T12:10:00.001-07:002015-07-13T13:13:40.237-07:0084 People Rescued after Restaurant Barge Breaks Loose The Coast Guard and local agencies helped rescue 84 people after the restaurant barge that they were on, broke loose on the Ohio River.  The barge restaurant, the Jeff Ruby’s Waterfront Restaurant broke from its mooring at mile marker 471 on the Ohio River.  The barge floated approximately 85 yards downstream, before it finally settled down under a bridge. The Kentucky Department of Ian Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-75866450902887007672010-12-26T08:00:00.000-08:002015-07-13T13:13:40.277-07:00CRAB BOAT SINKS ON WILLAPA BAY; ONE CREWMAN DEADThe 30-foot fishing vessel ELLA ANN sank at the mouth of Willapa Bay, on the southwest Pacific coast of Washington state on Sunday, December 19th 2010 with the loss of one crewman. Luis Perez from was lost in the accident when the ELLA ANN capsized just inside the mouth of the bar. After being thrown into the water, the captain of the vessel, Eric Petit, was able to contact the Coast Guard to Ian Greenwayhttp://www.blogger.com/profile/02402092544073123497noreply@blogger.comtag:blogger.com,1999:blog-933584821456227380.post-68027619107168711262010-12-10T15:15:00.000-08:002015-07-13T13:13:40.274-07:00WelcomeWelcome to the LIG Marine blog. Information and opinions on LIG Marine Managers and related topics. This blog is an informal collection of observations and opinions on this sector and should not be considered legal advice or opinion in any way. As an additional resource we offer www.LIGMarine.com. Mark Greenwayhttp://www.blogger.com/profile/17745642056179775054noreply@blogger.com