The Rantings of the barely human.
The value of cargo which has been damaged in transit, at the time of its arrival at the place where the adventure terminates.
***
UK: The depreciated value of cargo on arrival at the place where the voyage terminates following damage in transit. A formula is used to establish the percentage depreciation.
Gross wholesale value after freight, import charges, duty, etc., to represent the value that cargo would have had if it had arrived safely at the place where the adventure ended.
***
What the value of cargo would have been if it had arrived undamaged at the place where the adventure terminates.
Willful, deliberate, and malicious act of setting fire to property.
***
The intentional setting a fire of property. The illegal burning of a building or other property, the crime of setting fire to something.
***
UK: The criminal act of setting fire to property deliberately. The resultant damage is covered by a fire policy unless the insured is the arsonist.
***
The burning of a structure with intent to commit a felony. There are many types of arson but the only type the adjuster must be concerned with as a fraud is arson for profit. Most arson fires are not profit but are rather spite, revenge – or jealousy – inspired fires.
***
US: The willful and malicious burning of, or attempt to burn, any structure or other property, often with criminal or fraudulent intent.
Intentional burning of property.
Funded by the ABI, APB coordinates a national campaign to reduce arson, raise awareness of the problem and bring together private and public sector organisations sharing these objectives. APB is an active member of the government’s Arson Control Forum. The Bureau also, inter alia, gives guidance on best practice arson investigation and prevention. www.arsonpreventionbureau.org.uk.
See: Registered Health Information Technician (RHIT).
****
UK: See: Alternative Risk Transfer.
A computerised art index set up to log stolen works of art and compare their description against auction catalogues world-wide.
Document setting out the internal regulations and bye-laws of a company. It covers procedures, shares, meetings, directors and other administrative issues. The document is deposited with the Registrar of Companies. Alternatively the company can elect to be bound by one of the model conditions (Table A is commonly chosen) that form part of the Companies Acts (1985 and 1989). The contract’ that directors have with their company is based on the Articles. See DIRECTORS’ AND OFFICERS’ LIABILITY.
A motor vehicle to which a semi-trailer is attached
A motor vehicle to which a semi-trailer is attached.