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Southern Water’s Credit Risk at Record High Amid Thames Water Woes

Insurance Journal

Southern Water’s credit risk has soared to a record high in recent days as hedge funds scramble to protect themselves against the possibility of default at the UK water company. The curve on the utility firm’s credit default swaps is …

Risk 264
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How Flood Risk Is Driving an Insurance Protection Gap in the US

Insurance Journal

It is likely that you have read recent headlines sounding the alarm over a potentially uninsurable future. The ongoing threat of more frequent and damaging extreme weather is making it increasingly difficult for homeowners to secure affordable insurance, highlighting a …

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Kroger Case Tests FTC Chair’s Bid to Protect Workers

Insurance Journal

Federal Trade Commission Chair Lina Khan’s initiative to use antitrust laws to protect workers faces a key test starting Monday when the agency will argue the merger between grocery chain Kroger and its rival Albertsons would crush unionized workers’ bargaining …

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Masonry Insurance: Seven Policies You Need to Protect Your Business

Central Insurance

Learn about essential masonry insurance policies to protect your business from risks and ensure its long-term success. The post Masonry Insurance: Seven Policies You Need to Protect Your Business appeared first on Central Insurance Blog.

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Hazard Assessment: How a Loss Control Specialist Can Protect Your Small Business

Central Insurance

Learn how hazard assessments and working with loss control specialists can help protect your small business from risks and costly accidents. The post Hazard Assessment: How a Loss Control Specialist Can Protect Your Small Business appeared first on Central Insurance Blog.

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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