While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway's head of...
Yemen's Houthis Say They Will Target Ships Heading for Israel Anywhere Within Range
Yemen's Houthis will target ships heading to Israeli ports in any area that is within their range, military spokesman Yahya Sarea said in a televised speech on Friday....
Yemen's Houthis will target ships heading to Israeli ports in any area that is within their range, military spokesman Yahya Sarea said in a televised speech on Friday....
Article / 3 days ago
Lloyd's Insurers Don't Expect Large Claims From Baltimore Bridge Collapse
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that...
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that...
Article / 7 days ago
Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct...
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct...
Article / 9 days ago
Ship Owner in Bridge Collapse Seeks to Limit Its Liability
The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to...
The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to...
Article / 1 month ago
Insurance Industry Readies for Historic Losses From Baltimore Bridge Tragedy
It's very early in the recovery process and already the numbers are large....
It's very early in the recovery process and already the numbers are large....
Article / 1 month ago
Other Major US Bridge Collapses Caused by Ships and Barges
A container ship struck a major bridge in Baltimore early Tuesday, [March 26] causing it to plunge into the river below....
A container ship struck a major bridge in Baltimore early Tuesday, [March 26] causing it to plunge into the river below....
Article / 1 month ago
Baltimore Bridge May Trigger Historic Marine Loss, Says Lloyd's of London
Insurance payouts for the Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to...
Insurance payouts for the Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to...
Article / 1 month ago
Denmark Detains Shadow Fleet Oil Tanker After Ship Collision
Danish maritime authorities have detained a tanker that was due to carry Russian oil after it collided with another ship in its waters earlier this month....
Danish maritime authorities have detained a tanker that was due to carry Russian oil after it collided with another ship in its waters earlier this month....
Article / 2 months ago
Somali Pirates' Return Adds to Crisis for Global Shipping Companies
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier...
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier...
Article / 2 months ago
Tanker Capsizes off Coast of Japan, Seven Deaths Confirmed: Media Reports
A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with seven deaths confirmed, public broadcaster...
A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with seven deaths confirmed, public broadcaster...
Article / 2 months ago