News and information for property & casualty insurance agents & brokers on coverage and policy issues, including policy analysis related to whether a client’s loss is covered. Coverage questions are answered as to who is liable in the event of a loss, in order to most effectively serve the client when a claim is filed.
The ruling hinged on the maritime doctrine of 'uberrimae fidei,' which says boat owners have a duty to 'fully and voluntarily disclose' all material facts.
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