Kevin Gallagher’s Article Published by The Maritime Executive

Kudos to HM&B’s Kevin Gallagher for his recently published article “Small Craft Advisory: New Amendments to LOLA Affect Passenger Vessels.” The article, published by The Maritime Executive, explores the possible future effects of the December 2022 amendments of the Limitation of Liability Act (LOLA) on the marine insurance industry. Kevin makes the point that the increased regulatory costs, safety standards, and insurance costs associated with the amendment could make it more difficult for marine insurance companies to remain competitive. Congratulations to Kevin for a timely and persuasive piece!