The American P&I Club was founded in New York nearly a century ago in February 1917. To celebrate its first 100 years, a book entitled The American Club: A Centennial History has just been published. The book tells the story of the Club across ten decades of maritime and marine insurance history both within the United States and across the world. The book, authored by Richard Blodgett, a former Wall Street Journal reporter.
When the American P&I Cub was formed war was raging in Europe. At that time, P&I insurance was offered primarily from clubs in the United Kingdom and Scandinavia. In consequence of UK government trade-related sanctions which had been imposed on certain US shipowners in 1916, the American P&I Club was established to provide a reliable source of coverage in the United States.
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