Search

ITIC is providing a continuity credit to all those members who renew their insurance cover during the 2016 policy year, which begins on June 1, 2016. This is the 21st year of ITIC’s continuity…

ITIC provides professional indemnity (PI) insurance to marine professionals for claims which are brought against them due to losses suffered by their customers or other third parties as a result of…

Duncan is a senior underwriter and claims handler, responsible for ITIC’s members based in the Middle East, Indian Subcontinent and the North East of England. In addition, Duncan is responsible for…

A marine surveyor in Germany was engaged by charterers to attend the loading of a cargo and report on any damage caused by the stevedores. The subsequent emailed instructions contained (in…

ITIC has reported a case in which hull and machinery insurance underwriters commenced proceedings against a marine consultancy firm for alleged negligence in failing to properly review shipyard…

A marine surveyor was appointed by the owners of a ship that had been involved in a major casualty which had involved significant loss of life. There were potential criminal charges arising out of…

Often ITIC’s surveying members are asked by ship owners, with whom they have no contract, to sign an indemnity, disclaimer, waiver or release in favour of the ship owner, before they are granted…

Chapter 11 is typically used to reorganize a business, which may be a corporation, sole proprietorship, or partnership... Unless the court orders otherwise, the debtor must file with the court: (1)…

We have recently seen some high profile insolvency cases such as the South Korean container line Hanjin Shipping Co Ltd.  Hanjin was, at the time of their collapse, the seventh largest container…

Standard Terms and Conditions (Terms) are usually drafted to deal with the mundane matters that govern all contractual relationships, whereas the actual work to be performed will usually be…