Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflat...
MMC unveils AI-powered platform for supply chain risk
Marsh & McLennan Cos. Inc. on Thursday launched Sentrisk, an artificial intelligence-powered platform intended to help businesses manage global supply chain risk....
Marsh & McLennan Cos. Inc. on Thursday launched Sentrisk, an artificial intelligence-powered platform intended to help businesses manage global supply chain risk....
Article / 12 days ago
Chinese cargo owners face losses after bridge collapse
According to an insurance specialist from a shipping firm, Chinese cargo owners could face substantial financial risks after the Singapore-flagged container vessel Dali recently collided with...
According to an insurance specialist from a shipping firm, Chinese cargo owners could face substantial financial risks after the Singapore-flagged container vessel Dali recently collided with...
Article / 1 month ago
Baltimore shipping set to resume by end of April
The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge,...
The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge,...
Article / 1 month ago
Bridge collapse could spur waves of coverage litigation
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Article / 1 month ago
Casino's COVID coverage dispute headed to trial
A Las Vegas casino's fight with an FM Global unit over coverage for losses caused by the COVID-19 pandemic will head to trial after a federal judge denied the insurer's bid for summary judgment on...
A Las Vegas casino's fight with an FM Global unit over coverage for losses caused by the COVID-19 pandemic will head to trial after a federal judge denied the insurer's bid for summary judgment on...
Article / 1 month ago
Political strikes cost Finland over $2 billion
The Confederation of Finnish Industries on March 27 said that the estimated cost of the ongoing strike action in the country by the Central Organization of Finnish Trade Unions and its 18 member...
The Confederation of Finnish Industries on March 27 said that the estimated cost of the ongoing strike action in the country by the Central Organization of Finnish Trade Unions and its 18 member...
Article / 1 month ago
4th Circuit says virus class action should be dismissed
The 4th Circuit U.S. Court of Appeals Friday said a 2022 ruling finding COVID-19 does not cause physical damage could be used to dismiss a class action against State Farm Mutual Insurance Co....
The 4th Circuit U.S. Court of Appeals Friday said a 2022 ruling finding COVID-19 does not cause physical damage could be used to dismiss a class action against State Farm Mutual Insurance Co....
Article / 2 months ago
Subaru suspends production after worker death
Japan-based Subaru Corp. has temporarily halted production at three plants in Japan after a 25-ton mold fell on a worker at the company's Yajima assembly plant in Gunma and crushed him to...
Japan-based Subaru Corp. has temporarily halted production at three plants in Japan after a 25-ton mold fell on a worker at the company's Yajima assembly plant in Gunma and crushed him to...
Article / 3 months ago
Shifting population, inflation drive rise in storm losses
Rising insured losses caused by severe convective storms can largely be traced to substantial expansion in exposure values in affected geographies rather than significant meteorological shifts,...
Rising insured losses caused by severe convective storms can largely be traced to substantial expansion in exposure values in affected geographies rather than significant meteorological shifts,...
Article / 3 months ago
Shipping disruptions hit Adidas deliveries
Bjorn Gulden, chief executive at German athletic apparel giant Adidas AG, said on Feb. 1 that the company’s deliveries to retailers are getting delayed due to shipping disruptions caused by escalating...
Bjorn Gulden, chief executive at German athletic apparel giant Adidas AG, said on Feb. 1 that the company’s deliveries to retailers are getting delayed due to shipping disruptions caused by escalating...
Article / 3 months ago
