1994-07-08, English, Article, Journal or magazine article edition: Coast Guard acts to reassure bond companies on COFR. Abrams, Alan

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Physical Description
  • Magazine/​Journal article
Published
  • UBM Global Trade, Inc., 1994 July 8
Language
  • English

Edition details

Title
  • Coast Guard acts to reassure bond companies on COFR.
Appears In
  • Journal of Commerce and Commercial, v400, no.n28263, 1994 July 8, p1B(1) (ISSN: 1088-7407)
Author
  • Abrams, Alan
Published
  • UBM Global Trade, Inc., 1994 July 8
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • The US Coast Guard has assured surety-bonding companies that its laws will support their alternatives to traditional insurance. To make it easier for surety companies to provide coverage, the Coast Guard has made its liability requirements more flexible compared to previous laws. London insurance broker Willis Corroon has come out with a viable alternative to traditional coverage. Under its Opasure surety-bond plan, shipowners must obtain certificates of financial responsibility from the Coast Guard by submitting proof of financial responsibility.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15589897

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