Damage Control

Hamilton, Michael A.; Coughlin, Jennifer A.
December 2010
Best's Review;Dec2010, Vol. 111 Issue 8, p61
Trade Publication
The article focuses on the Carmack Amendment which dictates the settlement of transportation insurance claims in the U.S. It notes that goods transportation is a complicated process where insurance brokers encounter infinite liabilities. The Amendment tends to trump all the other legal remedies when the goods are lost or damaged in transit. It suggests inland marine insurers to comprehend transportation risk underwriting.


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