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This authoritative title includes in-depth analytical commentary on the principles of marine insurance, incorporates new caselaw since the previous edition, and discusses the formation of marine insurance policies. Coverage includes explanation of what a marine insurance contract is, how it is formed, and what it covers; detailed analysis of misrepresentation, nondisclosure, express and implied warranties, and illegality of the risk; and discussion of risks and types of losses. With coverage of all the relevant cases and new code material, this work also explains the correct procedure to follow and the evidence required to make a case.