Marine Insurance Act - Seminar 2: Hull Insurance and the Marine Insurance Act

Topics Covered:

• Continuation from Session One.
• Distinction between insurable value, insured value, and sum insured.
• Disclosures, representations and good faith.
• Material misrepresentations/material change in risk and the concept of materiality.
• Warranties.
• Hull losses and in particular, partial loss, TLO, CTL and abandonment.
• Hull salvage.
• Looking at specific hull insurance policies.

Presenter:

Marc Isaacs is one of Canada's leading Admiralty, Maritime, Transportation and Insurance lawyers. Over the last 20 years, Marc has had a varied litigation practice, with a special emphasis on insurance and transportation related cases.

Following his law school graduation and several years in practice, in 2002 Marc received his Master of Laws (LL.M.) in Admiralty (with distinction) from Tulane University School of Law. Marc returned to Toronto and joined the predecessor to Isaacs & Co. in 2003, and became a partner in 2006.

Marc is the National Vice-President – Ontario of the Canadian Maritime Law Association, a Past President of the Canadian Transport Lawyers Association and a Past President of the Marine Club. In addition Marc is an active speaker and participant in the Canadian Board of Marine Underwriters and a member of the Advocates' Society. Marc is also an Adjunct Professor of Admiralty Law at the University of Toronto Law School.

** Original Source: "Seminar Series on the Marine Insurance Act- Session 2: Hull Insurance and the Marine Insurance Act" Thursday, Oct. 20, 2016

Length: 2:06:10

Type: Video

Last Updated: January 27, 2017