624.607 “Marine insurance,” “wet marine and transportation insurance,” and “inland marine insurance” defined.—
(1) “Marine insurance” includes:
(a) Insurance against any kinds of loss or damage to:
1. Vessels, craft, aircraft, cars, automobiles, and vehicles of every kind, as well as all goods, freights, cargoes, merchandise, effects, disbursements, profits, moneys, bullion, precious stones, securities, choses in action, evidences of debt, valuable papers, bottomry and respondentia interests and all other kinds of property and interests therein, in respect to, appertaining to, or in connection with any and all risks or perils of navigation, transit, or transportation, including war risks, on or under any seas or other waters, on land or in the air, or while being assembled, packed, crated, baled, compressed, or similarly prepared for shipment or while awaiting the same or during any delays, storage, transshipment, or reshipment incident thereto, including marine builder’s risks and all personal property floater risks; and
2. Person or property in connection with or appertaining to a marine, inland marine, transit, or transportation insurance, including liability for loss of or damage to either, arising out of or in connection with the construction, repair, operation, maintenance, or use of the subject matter of such insurance, but not including life insurance or surety bonds nor insurance against loss by reason of bodily injury to the person arising out of the ownership, maintenance, or use of automobiles; and
3. Precious stones, jewels, jewelry, gold, silver, and other precious metals, whether used in business or trade or otherwise and whether the same be in course of transportation or otherwise; and
4. Bridges, tunnels, and other instrumentalities of transportation and communication (excluding buildings, their furniture and furnishings, fixed contents, and supplies held in storage) unless fire, tornado, sprinkler leakage, hail, explosion, earthquake, riot, and/or civil commotion are the only hazards to be covered; piers, wharves, docks, and slips, excluding the risks of fire, tornado, sprinkler leakage, hail, explosion, earthquake, riot, and/or civil commotion; and other aids to navigation and transportation, including dry docks and marine railways, against all risks.
(b) Marine protection and indemnity insurance, meaning insurance against, or against legal liability of the insured for, loss, damage, or expense arising out of, or incident to, the ownership, operation, chartering, maintenance, use, repair, or construction of any vessel, craft, or instrumentality in use in ocean or inland waterways, including liability of the insured for personal injury, illness, or death or for loss of or damage to the property of another person.
(2) For the purposes of this code, “wet marine and transportation insurance” is that part of marine insurance which includes only:
(a) Insurance upon vessels, crafts, and hulls and of interests therein or with relation thereto;
(b) Insurance of marine builders’ risks, marine war risks, and contracts of marine protection and indemnity insurance;
(c) Insurance of freights and disbursements pertaining to a subject of insurance coming within this definition; and
(d) Insurance of personal property and interests therein, in course of exportation from or importation into any country, or in course of transportation coastwise or on inland waters, including transportation by land, water, or air from point of origin to final destination, in respect to, appertaining to, or in connection with any and all risks or perils of navigation, transit, or transportation, and while being prepared for and while awaiting shipment, and during any delays, storage, transshipment, or reshipment incident thereto.
(3) For the purposes of this code, “inland marine insurance” is as established by general custom of the insurance business and promulgated by rule of the commission.
...*1538 It is therefore instructive to take particular note of the permissive legislation passed by the State of Florida, which clearly classifies the jeweler's block policy not as a property policy per se, but rather as a type of inland marine, all risk insurance. Section 624.607, Florida Statutes (1989) provides general definitions for marine insurance and inland marine insurance, and provides that the latter "is as established by general custom of the insurance business and promulgated by rule of the department." Fla.Stat. § 624.607(3) (1989)....
...ther a new type of insurance born out of more traditional inland marine policies. Id. at 1539. The Court further noted that: The structure of Florida's permissive legislation comports with this historical analysis. Id. (citing, inter alia, Fla.Stat. § 624.607(3) (1989); Fla.Admin.Code R....
...might have a bearing on the risk to be assumed. Plaintiff cites numerous cases in support or this argument, although every case cited by Plaintiff deals with a marine insurance contract rather than a jeweler's block policy. However, Florida statute 624.607(1)(a)(3) applies to this case....
...That statute defines marine insurance as: insurance against any kinds of loss or damages to precious stones, jewels, jewelry, gold, silver, and other precious metals, whether used in business or trade or otherwise and whether the same be in courts of transportation or otherwise. Fla.Stat. § 624.607(1)(a)(3)....
...involved an interpretation of the `liability insurance' statutory provision rather than the `marine protection and indemnity insurance' provision, the pertinent language of the provisions is the same. Compare Fla. St. § 624.605(1)(b) with Fla. St. § 624.607(1)(b)....
...ved an interpretation of the “liability insurance” statutory provision rather than the “marine protection and indemnity insurance” provision, the pertinent language of the provisions is the same. Compare Fla.St. § 624.605(l)(b) with Fla.St. § 624.607(l)(b)....
...o, appertaining to, or in connection with any and all risks or perils of navigation, transit, or transportation, and while being prepared for and while awaiting shipment, and during any delays, storage, transshipment, or reshipment incident thereto. § 624.607(2), Fla.Stat....
...tenance, use, repair, or construction of any vessel, craft, or instrumentality in use in ocean or inland waterways, including liability of the insured for personal injury, illness, or death or for loss of or damage to the property of another person. § 624.607(l)(b), Fla.Stat....
...Reading the maritime coverage endorsement in context with the rest of the policy, its appears to us relatively clear that the endorsement is not (and was not intended to be) “marine protection and indemnity” insurance, as that term is defined in section 624.607(l)(b), Florida Statutes (1985)....
...ions accepted by, imposed upon, or assumed by employers under law for death, disablement, or injury of employees.” Moreover, we note that, even if the maritime coverage endorsement qualified as “marine protection and indemnity” insurance under section 624.607(l)(b) and, therefore, as “wet marine and transportation” insurance under section 624.607(2), that does not necessarily mean that the Act would not apply....
...The court disagreed and entered final summary judgment in favor of the Hunters against Indemnity and IGMC, which judgment is the subject of this appeal. Indemnity and IGMC assert that the policy issued to Island Parasail is what is known in the industry as a “wet marine and transportation insurance” policy as defined in section 624.607, Florida Statutes (1997)....
...ction. See § 626.908, Fla. Stat. (1997). Affirmed. JORGENSON, J., concurs. . The trial court stayed the action against the insurance agent after he filed a Suggestion of Bankruptcy, and the proceedings against him are not at issue in this appeal. . Section 624.607(l)(b), Florida Statutes (1997) provides: "(b) Marine protection and indemnity insurance, meaning insurance against, or against legal liability of the insured for, loss, damage, or expense arising out of, or incident to, the ownership,...
...ance, use, repair, or construction of any vessel, craft, or instrumentality in use in ocean or inland waterways, including liability of the insured for personal injury, illness, or death or for loss of or damage to the property of another person.” Section 624.607(2), Florida Statutes (1997) provides: "For the purposes of this code, 'wet marine and transportation insurance’ is that part of marine insurance which includes only: (a) Insurance upon vessels, crafts, and hulls and of interests the...
