Summary

Portrait of Joseph Story Joseph Story,  Waters v. Merchants' Louisville Insurance Company…

“ It is certainly somewhat remarkable, that the question now before us should never have been directly presented in the American or English courts; viz., whether, in a marine policy (as this may well enough be called) , where the risk of fire is taken, and the risk of barratry is not (as is the predicament of the present case) , a loss by fire, remotely caused by negligence, is a loss within the policy. But it is scarcely a matter of less surprise, considering the great length of time during which policies against both risks have been in constant use among merchants ”
Source: Wikisource

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