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Managing Management Liability Risk in Today’s Market

Insurance Journal

The management liability insurance segment has attracted a lot of new capacity in the last few years, and the increased competition has pushed rates down significantly. But the segment faces growing risks from regulatory and technology-related exposures, making the quality …

Liability 245
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What is Plumbers Liability Insurance?

Central Insurance

Plumbing comes with a unique set of risks and liabilities. Explore why you need Plumber's Liability insurance and risk management strategies to protect your business and reputation. The post What is Plumbers Liability Insurance? appeared first on Central Insurance Blog.

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The Rising Threat of Cyber Attacks & Why Cyber Liability Insurance Is Essential for Businesses

Relation

In today’s digital landscape, the threat of cyber attacks has escalated, posing significant risks to businesses of all sizes. Why Traditional Business Insurance […] The post The Rising Threat of Cyber Attacks & Why Cyber Liability Insurance Is Essential for Businesses appeared first on Relation Insurance.

Cyber 52
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Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

Insurance Journal

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
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Dark Fleet Caper Exposes Growing Risks in Crowded Malacca Strait

Insurance Journal

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
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Public D&O Price Decreased 5.2% in Second Quarter, Says Aon

Insurance Journal

The average price for directors & officers liability insurance decreased 5.2% per $1 million in limits in the second quarter, according to Aon Commercial Risk Solutions. Aon said the decrease compared to the same quarter in 2023 was the ninth …

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ACORD 25 – The Standard Certificate of Liability Insurance

Top Insurance Blogs

The ACORD 25 Certificate of Liability Insurance (COI) is the industry-standard document used to verify insurance coverage. It plays a crucial role in contract compliance, risk management, and business operations.