News
USCG and EPIRB’s save lives.
It was another early Friday morning for the crew of a Coast Guard HC-130 Hercules based out of Coast Guard Air Station Elizabeth City, N.C. Fifty-knot winds roared around the airframe while the crew scoured the dark cauldron of 20-foot ...
Yacht Insurance Fraud Case Outcome
Key Biscayne tycoon Nicolas Estrella on Tuesday gave up on his increasingly difficult claim to collect $3 million for the loss of his sunken yacht off the Bahamas more than three years ago. Estrella’s lawyers informed U.S. District Judge Kathleen Williams ...
America’s Cup – Team Oracle USA capsizes
Oracle Team USA, defender of the 34th America's Cup, suffered a major setback Tuesday after its $8-million AC72 racing catamaran capsized during training in San Francisco Bay. Nobody was injured during the dramatic event, which occurred ...
Yacht Insurance Fraud Case
A Miami boat captain has been arrested on a first-degree grand theft charge for allegedly sinking a $1.86 million yacht in 2009 off the Bahamas. Florida Chief Financial Officer Jeff Atwater announced the arrest of Robert Figueredo by detectives from the ...
Luxury Yacht Coverage
KSA Marine Insurance has a great package for private Yachts valued from $250,000 to $50 million. Coverage highlights inlcude: - Jones Act for captain & crew - extensive navigational limits - waive and reduced deductibles - favorable depreciation terms - expenses incurred for substitute yachts Call ...