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THEFTS WORRY INSURERS

11th February 1977, Page 6
11th February 1977
Page 6
Page 6, 11th February 1977 — THEFTS WORRY INSURERS
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Which of the following most accurately describes the problem?

CONCERN at the incidence of claims arising from thefts of cotton grey cloth and associated materials during transport by road vehicles from Liverpool Docks to consignees in Manchester, is expressed in the annual report of the Liverpool Underwriters' Association.

The report states that the most serious thefts occur when the principal haulier did not, in fact carry the goods, but sub-contracted.

"In all cases the haulier instructed to perform the contract of carriage has been a member of the Road Haulage Association," says the report.

"But the carrier performing the carriage has been one with limited assets, often uninsured for his carrier's liabilities, and certainly not a member of any recognised Association."