SEA TRADE MAR. CORP. v. MARSH USA, INC.

13058, 602648/02

120 A.D.3d 1153 (2014)

993 N.Y.S.2d 30

2014 NY Slip Op 06544

SEA TRADE MARITIME CORPORATION, Appellant, v. MARSH USA, INC., Respondent.

Appellate Division of the Supreme Court of New York, First Department.

Decided September 30, 2014.


While in a port in Sri Lanka in May 1997, plaintiff's ship suffered damage as a result of an alleged terrorist bombing. Plaintiff's insurer paid millions of dollars less than the amount of plaintiff's loss, because plaintiff failed to give the insurer notice that its ship was entering an additional premium area (APA).

In this action, plaintiff claims that the terms of the insurance policy that defendant broker had procured for plaintiff were not those which plaintiff...

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