i-law

Liability Risk and Insurance

Erika legislation?

The London P&I Club, agreeing a 10% general increase in advance call for the 2001/2 policy year, has warned of possible new liability legislation in the wake of Erika and other pollutions and losses. Expressing concern at the possibility of EU regional legislation, the preferred route for international changes to the compensation regime would be via the IMO at an international level.

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