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William
J. Augello, esq.
(1985)
This book is not just about insurance! It is for traffic managers and private fleet managers who think their cargo is covered by their carrier's liability or their carriers are insured . . . For carriers who think they are insured . . . For brokers & shipper's agents who think they can't be liable for cargo losses . . . For insurers who think they know what carrier liability is and what their subrogation rights are in today's transportation market!
In sum - it is about carrier liability and insurance today, in the new deregulated environment.
In this era of skyrocketing insurance premiums, mid-term cancellations, higher deductibles and added exclusions, "Transportation Insurance in Plain English" will prove to be one of the most important and timely texts available to the transportation industry.
With 1400 carrier bankruptcies in 1984, more informed knowledge of insurance coverage is mandatory today!
In addition to telling shippers, carriers and intermediaries where the pitfalls are in insurance policies, and how others have been "surprised" when they experience an "insured" loss, it tells them (and insurers) where the liability pitfalls are in the deregulated transportation market!
Written by William J. Augello, esq., Author of Freight Claims in Plain English -
"considered by many transportation professionals to be the best book written on freight claims" - Transport (De)Regulation Report
executive director/general counsel, shippers national freight claim council
senior member of the law firm of Augello, Pezold & Hirschmann, p.c., Huntington, NY - named 'National Transportation Man of the Year" by Delta Nu Alpha Transportation Fraternity, Inc.
Published by:
The National Freight Claim Council, Inc, 120 Main Street,
Huntington, New York
A critical analysis of the cargo policy from the insured's perspective
Explains:
| The "surprises" in insurance policies on domestic freight traffic. | |
| the subtle liability changes resulting from deregulation which affect insurance. How insurers can better evaluate risks in the new transportation environment. | |
| the insurable interests of transportation intermediaries (brokers, shipper's agents, shipper associations, consolidators, forwarders, etc.). | |
| How parties to new transportation arrangements can determine their legal liability exposures & insurable risks. | |
| The legal issues emerging in new test cases between parties to transportation and insurance contracts. | |
| What's covered by carriers' liability - what's covered by carriers' insurance - and what's covered by both. | |
| The dangers for brokers & shipper's agents in holding-out cargo insurance coverage. Carrier, broker and shipper exposures to liability for personal injury, death and | |
| Property damage in transportation arrangements, such as "single-source leasing". | |
| What's wrong with relying on "certificates of insurance - and what to do about it! ' Carriers will appreciate the section on notifying insurers of losses, and the defenses that are usually raised by insurers against carrier's policies. |
Includes:
| The I.C.C.'s BMC 32 endorsement and how to collect claims from carriers' and forwarders' insurers. | |
| 400 pages of job-oriented, easy-to-read material on domestic cargo insurance contracts. | |
| 200 pages of appendices consisting of sample policies, forms, laws, regulations, rulings, charts and reference sources . . . A 26-page topical index which makes this text a valuable tool for quickly finding answers to common liability insurance problems in today's transportation environment... A table of court decisions supporting the many legal principles governing cargo policies. | |
| Copies of all laws, regulations, checklists, etc. Needed to fully comprehend insurance | |
| Copies of numerous cargo policies in use by carriers and shippers, shipper's agents and brokers |
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Transportation Insurance in Plain English (1985) by William J. Augello
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$13.00 |