This month we talk about the NFIP, private insurance, and storm damage.
We also discuss floods, wildfires, and sanctions.
—
Transcript
The term "general average," in the context of maritime economics and law—but also, at times, in economics and law in general—refers to a principle of spreading out risk.
In essence, if you're shipping a bunch of bananas on a…
Listen to this episode with a 7-day free trial
Subscribe to Let's Know Things to listen to this post and get 7 days of free access to the full post archives.
