Key Divergences Between English and American Law of Marine Insurance Ship Handling deductible clause (CL

deductible clause (CL

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Key Divergences Between English and American Law of Marine Insurance Ship Handling deductible clause (CLFrom the time of Elizabeth I in the second half of the sixteenth century, London has dominated the marine insurance markets. This led the English to develop a law of marine insurance as well. A Chamber of Assurances was established in England in 1575, and the law of marine insurance, rooted in custom, developed through the cases decided by the courts. In the United States, marine insurance underwriting began in the eighteenth century, although British