Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 46 - Shipping |
Chapter II - Maritime Administration, Department of Transportation |
SubChapter C - Regulations Affecting Subsidized Vessels and Operators |
Part 249 - Approval of Underwriters for Marine Hull Insurance |
§ 249.4 - Eligibility.
Latest version.
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§ 249.4 Eligibility.
In General. All required marine hull insurance must be placed with:
(a) Underwriters licensed to do business in one or more of the United States;
(b) Underwriters at Lloyds;
(c) Member companies of the Institute of London Underwriters; or
(d) Other underwriters specifically approved in advance by the Maritime Administration.