LOSS OF CARGO.
COMPENSATION QUESTION. No action can be taken by insurance companies in the direction of recompensing those who have lost or effects as a result of the Niagara disaster until it is determined and promulgated officially that the liner was lost as a result "of war hazard or, alternatively, that it was due to an ordinary marine peril, it was explained to-day by representatives of underwriting firms in Auckland. One informant said that it was probable that all but a very small proportion of the Niagara's cargo would have a war-risk cover. On the other hand, however, it was equally likely that not more than perhaps 5 or 10 per cent of passengers' luggage would be in the same category, although more of it might have an ordinary marine cover. Speaking generally, a shipping company was not liable to compensate cargo owners or passengers for loss of property unless it was proved that loss or damage was due to negligence on the part of the company itself.
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Bibliographic details
Auckland Star, Volume LXXI, Issue 146, 21 June 1940, Page 8
Word Count
169LOSS OF CARGO. Auckland Star, Volume LXXI, Issue 146, 21 June 1940, Page 8
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