Insurer Ordered To Pay $800,000, Interest And Costs For Fishing Vessel Lost To Fire

Mealey's (October 12, 2022, 12:09 PM EDT) -- BANGOR, Maine — A marine insurer has been ordered to pay $800,000 in coverage plus prejudgment interest and costs to the owner of a fishing vessel that was destroyed in a fire, but the judge declined to award the insured attorney fees, noting that attorney fees are generally not recoverable by the prevailing party in admiralty....