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
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 Naquin was
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 Report”
Acting 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 years
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
The Florida Office of Insurance Regulation said, August 21st 2015, that it has received the 2016 Florida workers’ compensation rate filing by NCCI which proposes a statewide average premium...
In the most recent instance of the Jones Act in the news, a NYPD counter-terrorism detective has filed a claim under the Act, claiming injuries that occurred during a rescue. The...
St. Petersburg, Florida, June 18, 2015 – LIG Marine Managers announces the release of the new “Waveline 2015 - The State of the Marine & Longshore Market Report.” Get your free copy now by...
Despite all the information and publicity, there is still a significant amount of confusion on who requires Longshore in the large/mega yacht repair/service market, particularly in South Florida....
By Karen Tischler, CMIP Education Events February 24, 2015 Hey All Insurance Professionals! Just wanted to invite you to our upcoming education event, the CMIP Insuring Waterfront Businesses...
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