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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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New US Bill looks to alter 1851 Limitation of Liability Act

Insurance Marine News

Join Us The post New US Bill looks to alter 1851 Limitation of Liability Act appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

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Hyundai deploys technology to fight fire risk from lithium batteries

Insurance Marine News

Join Us The post Hyundai deploys technology to fight fire risk from lithium batteries appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Risk 52
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Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

Distinguished

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. Property owners may also choose to add Premises Liability coverage to the policy.

Policy 52
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DNV Maritime says shipping needs to improve training to keep up with cyber risks

Insurance Marine News

Join Us The post DNV Maritime says shipping needs to improve training to keep up with cyber risks appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Cyber 52
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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

Distinguished

An increase in construction also means an increase in financial risk. This is why the popularity of Builder’s Risk insurance is growing. Read on to learn more about the coverages, costs, and benefits that make Distinguished’s Builder’s Risk Program ideal for Tennessee’s booming industry. 

Risk 52