Tag: insurance fraud
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Brillante Virtuoso – Ruling on Attempted Maritime Insurance Fraud
October 07: Between 2008 and 2011, nearly 200 vessels were taken by Somali pirates around the Gulf of Aden. The hull market has been exposed to many such claims and […]
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Double Dipping
According to a marine investigator, shipowners may be defrauding insurers by “double claiming” for pirate attacks due to perceived lack of clarity over where they should be making their claims. […]