Distinguished

SEPTEMBER 25, 2024

All of which can cost their property or business owners millions of dollars in losses without adequate insurance coverage. This is why the popularity of Builder’s Risk insurance is growing. What Risks Does Distinguished’s Builder’s Risk Insurance Protect Against? This is where Builder’s Risk becomes essential.

Risk 52

Risk Broker-Agent Insured Insurance 52

Distinguished

SEPTEMBER 10, 2024

From hurricanes on the Gulf Coast to rapid urban development in cities like Birmingham and Huntsville, the need for comprehensive Builder’s Risk Insurance has never been more critical. Distinguished’s Builder’s Risk program insures a variety of the most common construction projects.

Risk 52

Risk General Liability Broker-Agent Insured 52

Distinguished

OCTOBER 31, 2024

What you should share with the insurance company to help save on cost without compromising coverage. Notify your insurer and broker as soon as possible, detailing how, when, and where the loss occurred and what property may be damaged. Consult your insurance broker for clarity on the specifics and potential additional coverage options.

Protection 52

Protection Broker-Agent Inland Marine Broker 52

Insurance Journal

NOVEMBER 13, 2024

Italian Sea Group is not liable in relation to the fatal sinking of Mike Lynch’s superyacht, which killed the British tech billionaire and six others, its chief executive said on Tuesday. The Bayesian was built in 2008 by Perini Navi, …

Protection 242

Protection Liability Insurance Marine Liability 242

Insurance Journal

OCTOBER 24, 2024

A dark-fleet oil tanker that was recently involved in a crash in Southeast Asia is now on its way to China. Ceres I, an aging very-large crude carrier that’s suspected of transporting sanctioned oil, is en route to Zhoushan in …

Protection 259

Protection Liability Insurance Marine Liability 259

Insurance Journal

SEPTEMBER 20, 2024

Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only serving to heighten environmental risks by forcing some vessels out of mainstream trading. Since late last year, US, European Union …

Risk 289

Risk Protection Liability Insurance Marine 289

Insurance Journal

OCTOBER 30, 2024

Albanian prosecutors ordered that containers filled with suspected hazardous industrial waste be seized after the cargo was forced to return to Europe from Southeast Asia. The prosecutors’ order Sunday directed customs authorities and the police to confiscate 102 containers for …

Protection 255

Protection Liability Insurance Liability Marine 255

Insurance Journal

SEPTEMBER 26, 2024

Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian LNG, with the government saying it was using new legal powers for the first time to target LNG vessels directly. “Earlier this year, the …

Liability Insurance 263

Liability Insurance Marine Liability Insurance 263

Insurance Journal

AUGUST 23, 2024

The UK Navy said that three fires have been observed on a ship attacked in the Red Sea earlier this week. The Sounion’s crew were evacuated from the ship in the past few days after the vessel was struck by …

Protection 290

Protection Liability Insurance Marine Liability 290

Insurance Journal

NOVEMBER 22, 2024

Sweden’s Navy completed a survey of the seabed near one of the damaged data cables in the Baltic Sea as the Nordic country investigates potential sabotage against the underwater infrastructure. A high-speed fiber optic cable connecting Finland and Germany was …

Damage 130

Damage Liability Insurance Risk Marine 130

Insurance Journal

AUGUST 23, 2024

Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its operations in London. The Galaxy, the Liberty and the Rigel, all of which moved barrels for Moscow …

Protection 275

Protection Liability Insurance Marine Liability 275

Insurance Journal

AUGUST 29, 2024

The captain of a superyacht that sank during a storm off Sicily last week, killing seven people, decided not to respond to prosecutors’ questions Tuesday, his lawyer said. James Cutfield, a 51-year-old New Zealand national, is under investigation for possible …

Protection 262

Protection Liability Insurance Marine Liability 262

Insurance Journal

AUGUST 26, 2024

Italian prosecutors have placed under investigation the captain of the superyacht that sank off Sicily last week in a storm, killing British tech magnate Mike Lynch and six other people, a judicial source said on Monday. James Cutfield, a 51-year-old …

Protection 278

Protection Liability Insurance Marine Liability 278

Insurance Journal

JULY 18, 2024

Two large oil tankers were on fire on Friday in waters near Singapore, the world’s biggest refueling port, with two crew members airlifted to hospital and others rescued from liferafts, authorities said. The Maritime and Port Authority of Singapore (MPA) …

Protection 278

Protection Liability Insurance Marine Liability 278

Insurance Journal

AUGUST 16, 2024

Shipping containers bound for Thailand allegedly filled with tons of hazardous industrial waste from Albania are now slated to return to Europe, after environmental groups sounded the alarm they were being illegally exported to Southeast Asia. Moller-Maersk A/S …

Protection 279

Protection Liability Insurance Liability Marine 279

Insurance Journal

JULY 22, 2024

A tanker that was involved in a collision near Singapore last week entered the area of Malaysia’s Bertam floating oil terminal on Monday morning after it was intercepted by local authorities on Sunday, shipping data from LSEG and Kpler showed.

Protection 258

Protection Liability Insurance Marine Liability 258

Insurance Journal

JULY 22, 2024

A collision that set two vessels ablaze off Singapore has underlined the growing risks in the crowded Straits of Malacca, as the dark fleet expands and lackluster Chinese demand leaves dozens of the tankers idling. The Ceres I, a 23-year-old …

Risk 249

Risk Protection Liability Insurance Marine 249

Insurance Journal

AUGUST 13, 2024

Thai authorities are racing to stop about 100 shipping containers allegedly filled with hazardous industrial waste from Albania reaching the nation’s ports. Basel Action Network, a US-based nonprofit that tracks toxic trade which precarviously alerted Malaysia to illegal e-waste shipments, …

Protection 162

Protection Liability Insurance Liability Marine 162

Prof. Allan Manning

JULY 5, 2023

Just a reminder that there is only 3 weeks to go before the 2023 Mansfield Awards, which is now in its 7th year! The awards night will be held at The Establishment Ballroom, located at 252 George St, Sydney. The function starts at 6pm, with the awards portion running for approximately 1 hour, during which 6 awards will be presented.

Claim 130

Claim Casualty Insurance Policy Insurance Industry 130

Insurance Journal

NOVEMBER 19, 2024

An undersea data cable connecting Finland and Germany was cut in the early hours of Monday by what was likely an external impact and a nearby link between Lithuania and Sweden was also damaged. The 1,200-kilometer (750-mile) high-speed fiber optic …

Damage 264

Damage Liability Insurance Risk Marine 264

Insurance Journal

OCTOBER 1, 2024

An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred the country’s Houthi militants from attacking commercial shipping. The 900-foot ship was hit by an uncrewed surface …

Commercial 263

Commercial Protection Liability Insurance Risk 263

Insurance Journal

AUGUST 29, 2024

The European Union’s mission in the Red Sea said on Wednesday there was no oil spill in the waters near the Greek-flagged tanker hit by a fiery Houthi militant attack off Yemen’s coast. The mission, called Aspides, added that the …

Damage 278

Damage Protection Liability Insurance Risk 278

Insurance Journal

AUGUST 30, 2024

A salvage operation to recover a Greek registered oil tanker stranded in the Red Sea after an attack by Houthi militants is expected to start in the coming days, two sources with knowledge of the matter said on Friday. What …

Protection 277

Protection Liability Insurance Risk Marine 277

Insurance Journal

AUGUST 29, 2024

Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red Sea, a step that might to help avert an environmental disaster. The 900-foot Sounion was hauling 150,000 tons of dense …

Protection 278

Protection Liability Insurance Risk Marine 278

Insurance Journal

SEPTEMBER 16, 2024

The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red Sea, and that the vessel is now being towed away. “The tug boats have successfully connected to the vessel and …

Protection 261

Protection Liability Insurance Risk Marine 261

Insurance Journal

AUGUST 28, 2024

An oil tanker attacked in the Red Sea by Iran-backed Houthi rebels on August 21 appears to be burning and leaking, a Pentagon spokesman said on Tuesday. “Sounion now sits immobilized in the Red Sea, where it is currently on …

Protection 276

Protection Liability Insurance Risk Marine 276

Insurance Journal

AUGUST 26, 2024

Fires were burning around the oil tanks of a ship that was attacked by Houthi militants in the Red Sea, but there were no signs of a spill so far, the European Union naval force in the region said. Flames …

Protection 275

Protection Liability Insurance Risk Marine 275

Insurance Journal

SEPTEMBER 13, 2024

Specialist salvage teams are set to renew efforts to remove a blazing oil tanker that’s been stuck in the Red Sea for over three weeks after it was attacked by Houthi militants, the European Union naval force in the region …

Protection 255

Protection Liability Insurance Risk Marine 255