Ursula Bright S. S. Co. v. Amsinck

Citations

• 115 F. 242
• 1902 U.S. Dist. LEXIS 216

Syllabus

<p>1. Marine Insurance — Partial Loss — Insurer’s Liability.</p> <p>In case of a partial loss of goods covered by a valued marine policy, the measure of the insurer’s liability is, the proportion which the loss-bears to the sound value at the port of discharge.</p> <p>2. Same — Carrying Goods on Deck — Insuring Partial Liability — Amount of Recovery.</p> <p>Where the- owners of a steamship insured a part only of their liability for carrying goods on deck under a valued policy reciting- that the goods-were valued at the sum for which the insurance was, effected, which was less than the actual value, on a total loss the insurers- were liable for the amount of the policy, which was in the nature of; liquidated damages, and were not entitled to any deduction by reason of the fact that the shipowners settled their liability for less than the value of the goods.1</p> <p>8. Same — Subject oe Insurance.</p> <p>A carrier’s liability for carrying goods on deck la a proper, subject of marine insurance.</p>