Public Law 92-500
Definition of "Public law 92-500"
Amendments to the water quality improvement act of 1970 that extends liability of shipowners to any hazardous substances discharged by their ships. The 1970 act made shipowners responsible for cleanup of oil spills. Public Law 92-500 (the Federal Water Pollution Control Act Amendments of 1972) extended responsibility to other hazardous substances.
Popular Insurance Terms
Property to be insured, or that is insured, which is located within the specific geographical region falling under the auspices of the fire department. ...
Premise that, out of a large group of people, a given number will die each year (conversely, a given number will remain alive each year) until all the people in that original group are ...
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Fire that spreads substantial destruction. ...
Written notice, to be submitted by the claimant, required by the insurance company in the event of an insured peril. This notice is part of the standard property and casualty insurance ...
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