Excerpt from Sea Insurance: According to British Statute The passing of the Marine Insurance Act of 1906 (6 Edw. VII. Ch. 41) was the commencement of a new era in the law and practice of Marine Insurance in Britain. The object of the introducers of that Act was to reproduce as exactly as possible the law as it then existed without making any attempt to amend it. Consequently, the Act, except in one or two minor particulars, gives in a systematic form the results of all important decisions rendered by English Courts in matters of Marine Insurance. Since the Act came into effect on Ist January 1907 there has not been the same necessity as formerly to refer to decisions on points at issue, though it must be confessed that it is only very slowly and gradually that those engaged in the practice of Marine Insurance are accustoming themselves to refer to sections of the Marine Insurance Act rather than to the decisions of special cases which are embodied therein. There is always the feeling, particularly in the non-legal mind, that it is better to prefer the definite statement of an actual case to the necessarily more indefinite statement of a general principle such as is found in a code. It has therefore appeared to the writer that in the present state of opinion the most useful kind of guide to the law and practice of Marine Insurance would be a detailed statement of the provisions of the Marine Insurance Act with a supplement consisting Of the essential parts of the great leading judg ments upon which the Act has confessedly been constructed. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.