CLASS CREDIT: 1 hour of CE Units; DOI approved of CE Credits pending
TUITION: $50.00 per student
POLICY: Last day to cancel for full refund is October 16, 2019. No refunds after 10/16.
INSTRUCTORS: Julie Vogele, AMIM
DESCRIPTION: Cargo stock throughput insurance is a special product of the ocean marine market. It was created to cover specific risks to an insurer’s stock under specific circumstances, as a gap-filler for an insured’s other policies. However, once there is a claim, underwriters are under pressure to substantially expand the original intended scope of coverage, making it akin to an “all risks” policy. This class will explain what cargo stock throughput insurance is, its advantages and disadvantages, the various coverage components offered, and insights into appropriately underwriting stock throughput accounts.
Questions? Email ckingsley@hinshawlaw.com or call direct 415-393-0133.
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