Inland Rivers Service Corp. v. Hartford Fire Insurance

The cause before us concerns recovery for a loss under a “perils of the sea” clause of a marine insurance policy.

This clause reads, in relevant part: “Touching the adventures and perils which this company is contented to bear and take upon itself, they are of the waters named herein, fire, lightning, earthquake, assailing thieves, jettisons, barratry of the master and mariners and all other like perils that shall come to the hurt, detriment or damage of the vessel named herein.”

Marine insurance policies have long insured against various “adventures and perils” which may befall vessels and…