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North Sea Ship Collision Could Cost Insurers Up to $100M, Hitting Marine Line’s Profits

Insurance Journal

The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea is likely to hit multiple marine insurance policies, carrying an estimated combined insured value of between $50 million and $100 …

Marine 130
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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

In this guide, we break down the key coverages every apartment building owner needs, highlight common claims, and show you how to offer tailored solutions that keep your clients protected in an ever-changing market. General liability : Covers the costs of fighting litigation plus covered damages that might come from it.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. Key policies to review and update include: Commercial Property Insurance to protect your new location against physical damage from fire, vandalism, theft, or natural disasters.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. Think of it as a protective shield for your business premises, ensuring youre prepared for life’s little surprises. Let’s dive in!

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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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Key Strategies for Protecting Your Collection

Distinguished

How to Mitigate Risks Proactively Protect people first, property second. Take all reasonable steps to protect yourself from further damage. Review Your Insurance Coverage – Take the time to examine your liability insurance policy to confirm that it includes volunteer coverage. Strategies for keeping people safe?

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Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Insurance Journal

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. The Security Service said it’s conducting a preliminary investigation into the crime …

Crime 269