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Marine Insurance Classes

THE BASICS OF GENERAL AVERAGE

Click here to download registration form

COURSE TITLE:     

The Basics of General Average
 

DATES & TIME:     

October 21, 2009
(1 Wednesday class)
 9:30 a.m. to 11:30 a.m
 

CLASS CREDIT 2 hours of CE Units, approved BY California DOI.  
 

PLACE:         

The Embarcadero Center #4
Stanford Room
Promenade Level
San Francisco, CA 94111
 

TUITION:     

$25.00 per student
Checks Made Payable to: Association of Marine Underwriters of San Francisco (AMUSF)
 

POLICY:                   

Last day to cancel for full refund is October 16, 2009.  No refunds after October 16, 2009.
 

CLASS SIZE:            

70 max.
 

INSTRUCTORS:     

Stanley Gibson
Gibson Robb & Lindh LLP, San Francisco
Adjunct Professor of Maritime Law, USF Law School

DESCRIPTION:       

Modern cargo ship disasters frequently result in declarations of General Average, with the attendant withholding of cargo at the port of refuge until its owner posts security for its release.  Marine cargo insurance plays a vital role in protecting cargo owners against the risk of having their cargo held for GA security and unduly prevented from reaching its intended destination.

This course introduces the attendees to the basics of the concept General Average, how it works and is applied today.  The course teaches the underlying principles of GA, the legal requirements for a GA declaration, the effect of such a declaration, the role of marine cargo insurance in effecting prompt release of cargo, the risks faced by uninsured cargo, the forms of security accepted, the proper language to be included in such forms, and the role of the General Average Adjuster.  The course concludes with a practical exercise dealing with a hypothetical General Average event and how the sacrifices to save the venture are spread over the whole. 

     Every broker, underwriter and claims adjuster involved in anyway with marine cargo insurance should attend this course.

QUESTIONS: Registration questions? Contact email ljitodai@gibsonrobb.com
or call Lianne Jitodai (415) 979-2331

 

 

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Last modified: October 08, 2009