XIV. Conclusion
The
ongoing struggle between insurers and salvors is unfortunate. While
there have been some instances of abuse by salvors, as a whole, the
salvage industry provides a valuable service which inures to the
benefit of insurers. Insurers should be more willing to pay generous
salvage rewards and thus avoid not only wreck removal expenses but the
loss as well. One of the best alternatives is to have pre-negotiated
fixed price salvage contracts in place for defined geographic areas
even before the losses occur. Salvors also need to open better lines of
communication with insurers, provide more information and purge their
ranks of "pirates and freebooters".
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