Insurance firms secure major victory in court
"The industry itself now has a precedent"
Source: insurancebusinessmag.com
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"The industry itself now has a precedent"
Under Federal Admiralty Law, Choice-of-Law Provisions in Maritime Contracts are Presumptively Enforceable - A battle between federal maritime law and state insurance...
A COFD provides the reasons for the decision and notifies the contractor of its appeal rights. The FAR describes a COFD as a written decision that, describes the claim or dispute, references pertinent contract terms, states the factual areas of disagreement.