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The Security Service said it’s conducting a preliminary investigation into the crime … Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in the Baltic Sea in the past three months.
Somali piracy — the scourge of merchant shipping more than a decade ago — has had a resurgence this year, the industry’s main observer of the crime said. There were eight acts of piracy and hijackings in the first half …
New York – Distinguished Programs (“Distinguished”), a national insurance program manager, announced an expanded partnership with Berkley Program Specialists (“BPS”), a leading provider in the industry, to underwrite its Community Associations Crime and D&O products. Starting Jan.
Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property. These include $1 million in personal liability, coverage for personal contents, inland marine for scheduled valuables, and additional living expenses.
– Inland Marine Insurance : Valuable for businesses frequently moving goods and equipment across locations. Does the local crime rate affect security? . – Environmental Liability Coverage : Particularly useful for businesses dealing with hazardous materials, covering clean-up costs from damage caused by pollution.
However, every project is different, so underwriters will determine the final cost of a policy based on the following factors: Location : Construction sites near bodies of water, in higher crime areas, or that include some other unique risk factor would increase the cost of the policy.
These policies can also cover areas such as foreign business auto rental, foreign commercial general liability, foreign voluntary workers’ compensation, foreign travel accident/sickness, marine ocean cargo, foreign commercial crime and political risk. Additionally, the U.S.
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