Synopsis
Compendium Of The Law Of Insurance, Comprising Marine, Fire, And Life Insurance by Thomas S. Paton presents a compact, practice-oriented survey of insurance law. It condenses the English and Scottish authorities on marine, fire, and life policies into a single accessible reference, organizing the subject into three principal branches and then examining core topics such as insurable interest, the constitution of the contract, risk covered by the policy, when risk begins and ends, conformity to good faith (concealment and misrepresentation), unseaworthiness, warranties, issuances of neutrals and aliens, deviations and alterations of voyages, and the open versus valued policy dichotomy. The text blends definitions, rules, and a large number of illustrations drawn from authorities (e.g., Lucena V. Crawford; Carter V. Boehm) to illuminate when a policy is formed, what the insured may insure, and how losses are measured and recovered. It also discusses collateral issues such as abandonment, general average, re-insurance, assignment of policy, the liability of brokers, and the treatment of freight and wrecks. The work aims to provide a concise, practical compendium rather than an exhaustive treatise, with a view to condensing the law to recent authorities and up-to-date practice.
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