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Cannabis Firm Fights Insurer’s Denial of Business Income Loss Claim Following Fire

Insurance Journal

JULY 28, 2024

million in claimed business income losses to a cannabis growing company after a building fire shuttered one of its “flowering” rooms for 68 days. National Fire and Marine Insurance … A Berkshire Hathaway insurer is insisting it does not owe $1.3

Claim 279
Claim Building Marine Insurance 279
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People Moves: Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter; Chubb Promotes Latter to Lead Claims for Overseas General Insurance

Insurance Journal

DECEMBER 17, 2024

Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter Arch Insurance has appointed Ezechiel Symenouh … This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. A summary of these new hires follows here.

Cyber 262
Cyber Underwriter Underwriting Marine 262
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How Iran Oil Link Could Complicate Insurance Claims After Tankers Collide Off Singapore

Insurance Journal

AUGUST 5, 2024

A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously shipped Iranian oil, potentially complicating payments due to Western sanctions, ship-trackers and industry sources say. What Happened? The Singapore-flagged Hafnia …

Insurance Claim 267
Insurance Claim Claim Insurance Insured 267
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Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

Insurance Journal

SEPTEMBER 17, 2024

Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said. The opaque nature of the ownership of those vessels makes it hard …

Risk 258
Risk Claim Insurance Insured 258
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Marine war market fears claim over detained $130m dredger

Insurance Marine News

SEPTEMBER 19, 2024

Join Us The post Marine war market fears claim over detained $130m dredger appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine 110
Marine Claim Insurance Insurer 110
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Fire-Damaged Cannabis Grower Loses $1.3 Million Business Income Loss Claim

Insurance Journal

JANUARY 22, 2025

million in claimed business income losses after a building fire damaged almost 1,000 of its marijuana plants and shuttered one of its “flowering” rooms. A cannabis growing company has lost its bid to have its insurer cover $1.3 A federal …

Damage 246
Damage Claim Building Business Interruption 246
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Gallagher Bassett Buys London-Headquartered W K Webster & Co.

Insurance Journal

FEBRUARY 3, 2025

announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd. W K Webster specializes in marine and transit claims … Gallagher & Co. Terms of the transaction were not disclosed.

Claim 235
Claim Marine Risk Broker-Agent 235
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