General Average: Risk Sharing on the High Seas and Prudent Insurance Considerations
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Includes: Audio Transcript Paper Slides
- Total Credit Hours:
- 0.75
- Credit Info
- TX, CA
- TX MCLE credit expires: 3/31/2027
Sessions
Agnes Doyle, Jonathan S. Spencer
Session 1 —45 mins 0.75
General Average: Risk Sharing on the High Seas and Prudent Insurance Considerations (Mar 2026)
An exploration of the maritime law concept of General Average, where stakeholders proportionally share losses resulting from a voluntary sacrifice or expenditure made to preserve the property involved in the voyage. The presentation highlights when General Average arises, the applicable rules, exploration of real-world case examples, the role of adjusters, and insurance considerations.
Originally presented: Feb 2026 Admiralty and Maritime Law Conference
Agnes Doyle,
Holland & Knight LLP - Houston, TX
Jonathan S. Spencer,
The Spencer Company - White Sulphur Springs, NY