The Jervis Blog
The Jervis Blog
Jervis Insurance History Blog: Origins of Environmental Liability Insurance
Origins of Pollution Insurance Unlike other fields of insurance, which can be traced back hundreds of years, Pollution Insurance is a relatively new class. In fact we need only go back to the 1960s and 1970s at which time America’s growing concern for the environment...
Jervis Blog: What does Environmental Liability Insurance Cover?
What does ELI Cover? There are many forms of liability insurance including public liability insurance, employer's liability insurance, director and officers insurance. But none of these generally provide adequate cover for environmental liabilities. Due to the...
Jervis Insurance History Blog: First Aviation Insurance Policy
Aviation Insurance was first introduced in the twentieth century. The first-ever aviation insurance policy was underwritten at Lloyd's of London in 1911. But the writing of such policies was short lived due to atmospheric condition type losses occurring at that...
Jervis History Blog: Energy – The World’s First Oil Well
On August 27, 1859, George Bissell and Edwin Drake pioneered the first successful use of a drilling rig on a well drilled especially to produce oil, at a site on Oil Creek near Titusville, P.A. The Drake partners were inspired by Benjamin Silliman, a chemistry...
Jervis Insurance History Blog: Old Lloyd’s Building
The first Lloyd's building at 12 Leadenhall Street had been built on this site in 1928. In 1958, due to a significant expansion of the market, a new building was constructed across the road at 51 Lime Street (now the site of the Willis Building. Lloyd's now occupied...
Jervis Insurance History Blog: Origins of the Warsaw Convention
On 17 August 1923, it was first the French government that proposed the convening of a diplomatic conference for the purpose of concluding a convention relating to liability in international carriage by air. The conference was formally deferred on two occasions due...
Jervis Blog: Renewable Energy: Wind Power – A lesson in having proper foundations
There have been reported continuing issues of foundation failure on wind turbines. This issue was given some focus in Højgaard A/S v E.On Climate & Renewables UK Robin Rigg East Limited and another [2017] UKSC 59, where a miscalculation in the strength of the...
Jervis History Blog: Era of Containerisation; First Container Ship: Ideal X
On April 26th 1956, the Ideal-X left the Port of Newark, New Jersey to the Port Houston, Texas. It carried 58 35-feet (8 feet wide by 8 feet high) containers along with bulk cargo. The 35 feet unit represented at that time the standard truck size in the United States....
Jervis Insurance History Blog: Lloyd’s Register; The Early Days
In 1786 the Society for the Registry of Shipping moved from Lloyd’s Coffee House at No. 16 Lombard Street, to No. 4 Sun Court, Cornhill. By 1797 the Register Book had 215 subscribers and the Society was run by an organising committee of 11 members. In this year...
Jervis Blog: About Control of Well Insurance
Control of well insurance is a very specialized and unique insurance policy that is designed to cover all or some of the costs that are linked to regaining the control of an oil or gas well. This type of insurance also provides coverage for cleaning up any pollution...
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