But parametric insurance principles are also applied to Agricultural crop insurance and other normal risks not of the nature of disaster, if the outcome of the risk is correlated to a parameter or an index of parameters.
Whether operating as an inner or outer tugboat captain, the job holds tremendous responsibility, including ensuring the safety of all on-board personnel, maintaining and repairing a vesselâs mechanical systems, navigating tight courses in inclement weather, and meeting strict landing schedules.
He said tug captains are typically paid by the day, earning between $400 and $800 depending on their licensing and the capabilities of the boats they operate. For a captain working 180 days in a year, that works out to $72,000 to $144,000. Traynham parked his truck at Shirley Plantation on the banks of the James. Two Blaha tugs were tied up at what's called Shirley Hole, and Traynham began giving two reporters a quick tour of his boat, the Hill Carter.