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Standard Marine Ins. Co. v. Scottish Metropolitan Assur. Co. by Scribd Government Docs is a document available to read on EtoBox.

This document is a Supreme Court case from 1931 regarding insurance claims from the sinking of a cargo ship. It summarizes that two insurance companies, Standard Marine and Scottish Metropolitan, insured the same lost wheat cargo but for different risks. Scottish Metropolitan insured the cargo value, while Standard Marine insured potential profits from increased value. The Court found that since the risks were separate, with one insuring cargo value and the other potential profits, the insurers were not coi

Author
Scribd Government Docs
Language
EN