Insurance Journal
MARCH 13, 2025
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 …
Insurance Journal
MARCH 12, 2025
Dutch marine provider Boskalis will salvage the U.S.-flagged flagged tanker Stena Immaculate, which was struck by a container ship off northeast England on Monday, a spokesperson said on Tuesday, confirming earlier Dutch media reports. He could not give a time frame …
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Distinguished
MARCH 20, 2025
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. Earthquake and flood coverage : Provides protection for damage to the building and common areas caused by earthquakes or floods.
Insurance Journal
SEPTEMBER 18, 2024
Russian insurers are playing a growing role facilitating the country’s oil shipments to India, its biggest buyer, data obtained from trade and shipping sources shows, helping to protect Moscow’s export revenue despite western sanctions. Russian firms provided insurance cover for …
Insurance Journal
SEPTEMBER 17, 2024
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 …
Insurance Journal
DECEMBER 17, 2024
Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world by asking to see how they’re protected against oil spills and other high-cost claims. Nations including Denmark, Estonia, …
Insurance Journal
MARCH 4, 2025
has also hired a salvage company and a marine oil … The hazardous cargo and fuel on a ship that ran aground in Canada last month has been contained, according to the company that manages the vessel. MSC Mediterranean Shipping Co.
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