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Workers Compensation Insurance

Great Lakes Shipyard Receives Safety Award

Great Lakes Shipyard, Cleveland, Ohio, has received the 2009 – 2010 Industry Leader Safety Award from the Signal Mutual Indemnity Association. This is the second time in recent years that the Great Lakes Shipyard was chosen to receive this award because of their outstanding safety performance with no “lost time” accidents. The shipyard’s commitment to safety is not new. The previous outstanding safety award was presented in 2004 - 2005. The company attributes its successful performance over the years to its extensive internal safety policies and training programs. Signal is the largest provider of Longshore and Harbor workers compensation insurance benefits in the United States. Longshore and Harbor workers compensation insurance is applicable to workers employed in shipyards and engaged in vessel construction and ship repair, as well as in other marine related occupations who are not eligible for state workers compensation insurance or Jone’s Act coverage, the later reserved for seafarers on board vessels as crewmen. Great Lakes Shipyard, a division of The Great Lakes Towing Company, operates a full-service shipyard and drydock in Cleveland, Ohio, specializes in all types of marine construction and vessel repairs including tugs, supply boats, ferries, barges, excursion vessels, dinner boats, research vessels, large yachts, and off-site topside work of every kind


How to Indentify a Jones Act Seaman

By Jeffrey S. Moller The maritime law community is awaiting the next pronouncement by the U.S. Supreme Court pertaining to the definition of a Jones Act seaman. In February, the high court announced that it would review the decision of the First Circuit Court of Appeals in Stewart v. Dutra Construction Co., Inc. The definition of seaman has proven to be a nagging problem; this will be the fifth time since 1991 that the Justices have tackled some aspect of the question.


Insurance Advice for Marinas & Shipyards

McDermott Costa Insurance Brokers offers risk-reducing advice to marinas & shipyards regarding third party vendors   Third party service providers can pose serious risk and liabilities for marina and shipyard owners. Without the proper due diligence these marine companies could find themselves footing large bills should a dispute occur.   As a California insurance agency that specializes in ocean marine insurance for boat yards, marinas, yacht clubs


Braving the Human Element in Safety

The maritime industry is notorious for braving the elements.   One element however — the human one — poses greater safety risk than rough seas or gale-force winds and is requiring more companies to take an aggressive approach in emphasizing every employee’s role in their risk management efforts.   While maritime companies have developed technologically sophisticated hull designs, stability systems, propulsion systems, and navigational equipment


China’s Oil Pollution Laws Worth Watching

The UK P&I Club offered the following briefing on Chinese marine pollution law. Ship owners and operators trading in Chinese waters face an extensive set of new legal and regulatory requirements governing their roles and responsibilities in oil pollution incidents. China’s Prevention and Control of Marine Pollution from Ships Regulation was implemented on 1st March 2010. It dovetails with the Marine Environment Protection Law of the People’s Republic of China


New Rules for Oil Spill Compensation Enter Force

Increased levels of compensation will be available for victims of oil pollution from oil tanker accidents on 3 March 2005 with the entry into force of the 2003 Protocol establishing an International Oil Pollution Compensation Supplementary Fund. The Fund will supplement the compensation available under the 1992 Civil Liability Convention (CLC) and the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage (FUND), with an additional


European Ship Passengers Have Rights Too

Europeans better protected legally when travelling by water from now onwards. As from 31 December 2012, passengers travelling by sea will have the right to claim compensation for loss or damage in the event of accidents. Passengers travelling by sea and inland waterways in the EU, and in particular disabled persons and persons with reduced mobility, will benefit from similar rights to those passengers travelling by air or by train. These new rights include:  


Understanding the Ups and Downs of Insurance

 Rich DeSimone is President of XL Group’s North America Marine business.  XL Group plc’s (NYSE: XL) insurance companies offer property, casualty, professional and specialty insurance products globally. w: http://www.xlgroup.com

Business is cyclical, and nowhere is there more evidence of its cyclical nature than in the insurance market, characterized by ups and downs in insurance premiums, coverages and profitability. By most accounts, the current insurance market has been one of the most competitive in recent memory.  With intense price-cutting and expanding coverages, these conditions are typical of a “soft” market which is very much a buyers’ market


Committee Cuts $250M from Navy’s Hurricane Aid Request

The House appropriators’ decision to slash $250 million from the Navy’s funding request to aid Gulf Coast shipyards ravaged by Hurricane Katrina is worrying Navy officials who fear the move can result in shipbuilding delays and cost increases, The Hill reported. But House appropriators will likely have to debate with their Senate counterparts during conference negotiations over supplemental spending bills for the war on terrorism and disaster assistance


An Exception to the Divers' Exception?

Divers' Rights under the Jones Act Continue to Depend on Jurisdiction By James P. Nader & Rudolph F. Lehrer An occupational study estimates that the number of commercial diving positions nationwide will grow to an anticipated total of 5,000 positions over the next decade. For the uninitiated, the focus of these commercial divers spans the gamut from extensive inspection of hulls and pipelines to the construction and repair of underwater structures to the demolition and removal of


MN 100: Gencorp Insurance Group

Carnahan.jpg

16 Main Street East Greenwich, RI 02818 Telephone: 401 336 2182 E-mail: rcarnahan@gencorp-ins.com Website: www.gencorp-ins.com CEO/President: Robert G. Padula Number of Employees: 70 The Company: Gencorp Insurance Group provides the insurance and surety needs of marine contractors


Motion Compensation Aids Offshore Lifeboat Lift

A lifeboat on the Ampelmann system right before installation (Photo courtesy of Ampelmann)

In a refurbishment program to upgrade lifeboats on offshore platforms, Ampelmann completed a second successful reinstallation using its full motion compensation technology. The eight-metric-ton lifeboat was kept completely stationary above the vessel deck


Korea Pledges Full Supports for Shipyards

Korean shipbuilding and offshore plant industry to get full support

  Yoon Sang-Jick, Minister of Trade, Industry, and Energy (MOTIE) of Korea, held a meeting to check pending issues faced by Korean shipbuilding and offshore plant industry at Seoul Palace Hotel recently. The meeting was intended to examine current status of overseas and home industry and


NASCO Win AEU Longshoreman Safety Award

Dockworkers: File photo

The North America Stevedoring Company (NASCO) division (Chicago) of Quebec Stevedoring says it has received a coveted award under the American Equity Underwriters Inc. (AEU) Safety Award Program. Awarded in recognition of the best performing companies in the area of health and safety among


Port of Long Beach Honors Contractors

Companies saluted for hiring Long Beach residents for Port project

  Ten building contractors were recognized Monday, Aug. 11, 2014, by the Long Beach Board of Harbor Commissioners for hiring the most Long Beach residents for construction jobs at the Port of Long Beach’s Middle Harbor Redevelopment Project.


Flare Refinery in Northern Mexico Leaves One Dead, 11 Injured

  A blaze Friday at the coking plant of the refinery of Mexico's state Pemex in the northern state of Tamaulipas killed one worker and left another 11 wounded, said the oil. Pemex said the coking plant Madero refinery was in maintenance and operations of the refinery


Allianz Reports Strong 2Q 2014 Results

Michael Diekmann “In view of these good half-year results, we maintain our outlook for the operating profit for 2014 of 10 billion euros, plus or minus 500 million euros, but expect the upper end of the target range to be i

  Allianz Group achieved strong results in the second quarter of 2014. Total quarterly revenues increased 10.0 percent to 29.46 (second quarter of 2013: 26.78) billion euros. Operating profit climbed 17.1 percent to 2.77 (2.37) billion euros


AWO Praises Simplification of TWIC Process

Tom Allegretti, AWO President & CEO

Last week, the Transportation Security Administration began nationwide implementation of a program that reforms the burdensome process by which mariners and other transportation workers receive required Transportation Worker Identification Credentials (TWIC)


Greek Warship Evacuates Libya Personnel

Greek Frigate Salamis: Photo CCL

Greece safely evacuated embassy staff and more than one hundred Chinese and European nationals from Libya early on Friday with a navy frigate sailing back to the Greek port of Piraeus, its defence ministry said. Athens had sent a frigate and two other vessels to Libya to evacuate workers at its


China Evacuates Workers in Libya to Malta

China has evacuated several hundred workers from Libya and is taking them by ship to Malta, the head of the Malta Civil Service, Mario Cutajar, said on Wednesday. He said the Maltese government was arranging temporary accommodation for the workers and was preparing for the eventuality of a


American P&I Club Rings in Posidonia

Stuart Todd

While Posidonia is well regarded for its exhibition, it is famous for its parties. The American Club held its traditional party on the evening of Thursday, May 29, to mark the start of Posidonia week, with more than 600 guests from the club’s expanding Greek membership


The Cause behind the Clause Piers & Docks Insurance

As a maritime business owner, your day-to-day focus is on managing and growing your business. Understandably, thinking about and understanding the nuances of your insurance coverage is not likely to be among your top priorities. However, what if the unthinkable happens and your docks and piers are


Thai Resort Owners Sue State Owned Company for Oil Spill

Oil pollution: File photo

Business owners on Koh Samet island are suing a state-owned petroleum enterprise for the oil spill that polluted the resort island's beaches last year. More than 50,000 litres of crude oil leaked from pipeline operated by PTT Global Chemical in July 2013 and blackened several beaches on Koh Samet


Australian Senate Rejects Offshore Foreign Worker Visa Plan

Australian protesters: Photo MUA

All maritime unions – the Maritime Union of Australia (MUA), The Australian Maritime Officers Union (AMOU) and Australian Institute of Marine and Power Engineers (AIMPE) – opposed the Abbott Government’s attempts to flood the offshore oil and gas sector with cheap foreign labour


Iran Oil Tanker Firm Still Faces Sanctions

Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions, even after a top court has annulled its blacklisted status in the European Union.






 
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