Insurance Journal

JANUARY 24, 2025

January 2025 report from the Geneva Association, titled “Insurance in a Fragmented World Economy,” found that geopolitical tensions have driven the global economy toward “geoeconomic fragmentation.” ” Geoeconomics refers to the intersection of geopolitical forces and economic policies.

Insurance

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 …

Marine

Insurance Journal

JUNE 19, 2025

The cost of insurance for ships sailing in the Persian Gulf jumped as attacks between Iran and Israel raised risks for vessels in the area. Underwriters are now charging 0.2% of the value of a ship for calls into the …

Underwriting

Insurance Journal

JULY 2, 2025

Liberty GTS Names Weiss Head of Americas Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance headquartered in London, promoted Hilary Weiss to head of Americas. Weiss joined Liberty Mutual in 2018 as associate vice president, Americas M&A before …

Marine Business

Insurance Journal

JULY 29, 2025

This edition of International People Moves details London-based appointments at the reinsurance broker Guy Carpenter and the insurer Tokio Marine HCC International. A summary of these new hires follows here. Carpenter Taps RenRe’s Flynn as Head of Global Clients, Global …

Marine

Splash: Finance and Insurance

FEBRUARY 18, 2025

Two years after it was founded, Hamburgs Marine Alliance is growing through the acquisition of a majority stake in London-based insurance broker Speedwell, who will join the current partnership of Marine Assekuranz and Fram Insurance Brokers.

Insurance Broker

Property Insurance Coverage Law

FEBRUARY 1, 2025

With six sailboats and a motorboat, I consider myself an enthusiast, though my insurance agent probably sees me as a … The post Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog.

Policy

Insurance Journal

JUNE 24, 2025

Tokio Marine Holdings Inc. sees scope for further expansion in the US as Japan’s largest property-and-casualty insurer explores acquisition opportunities around the world, its new chief executive officer said. “We want to expand in countries other than the US for …

Marine

Distinguished

MAY 6, 2025

Without inland marine coverage, these businesses would face significant financial losses that standard property insurance doesnt cover. Despite its name, inland marine insurance has nothing to do with boats. What is Inland Marine Insurance? Who Needs Inland Marine Insurance?

Inland Marine Insurance

Neilson Marketing Services

JANUARY 30, 2025

The digital space is crowded, and insurance agencies are vying for attention in an industry where trust and expertise matter most. A well-crafted insurance agency website is an essential tool for building credibility, attracting potential clients, and converting leads. A one-size-fits-all approach to website content falls flat.

Insurance Agency

Protect Commercial Insurance

APRIL 11, 2025

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. What is Commercial Property Insurance?

Commercial Property

Insurance Journal

JULY 8, 2025

Tokio Marine HCC, based in Houston, Texas, announced a key leadership transition at its travel-focused subsidiary, WorldTrips, a leading provider of travel insurance located in Carmel, Indiana. Mark Carney will transition from his role as CEO of WorldTrips to become …

Marine

Majesco

FEBRUARY 13, 2025

Today’s insurance customer is under pressure and assault from every angle: Cyber criminals are using data breaches to access bank accounts and credit. Our short-term response is raising the cost of insurance. We can see how insurance premiums are affecting the gulf coast and now, California.

Risk

Insurance Journal

APRIL 16, 2025

Markel, the insurance operations within Markel Group Inc., announced it has agreed to purchase The MECO Group Ltd. MECO), subject to regulatory approval. Financial details of the transaction were not disclosed. Founded in 1974, MECO is a leading, independent specialist …

Marine

Distinguished

MARCH 20, 2025

From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options.

Building

Insurance Journal

JUNE 11, 2025

Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake, bringing its shareholding to 40%. This stake has been purchased …

Marine

Insurance Journal

JUNE 1, 2025

Sweden said Saturday it will step up insurance checks on foreign ships in a move aimed at tightening controls on Russia’s so-called “shadow fleet ” of aging ships. The government in Stockholm said that, starting July 1, the coast guard …

Insurance

Insurance Journal

JUNE 5, 2025

insurance agency, based in Savannah, Georgia, is now part of Patriot Growth Services, a brokerage and insurance services firm that has grown rapidly since its founding in 2019. Brennan began business in 2005, specializing in commercial marine … Brennan & Co.

Insurance Agency

Insurance Journal

JUNE 16, 2025

Everest announced its international insurance division has launched a unified specialties business, bringing together its offerings across marine, aviation, energy & construction, cyber, and industry practices. Paul Trueman has been appointed to lead the new unit, as head of Specialty …

Cyber

Insurance Journal

FEBRUARY 27, 2025

Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe Beazley, the London-based specialty insurer, announced the appointment of … This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows here.

Commercial Property

Property Insurance Coverage Law

FEBRUARY 1, 2025

With six sailboats and a motorboat, I consider myself an enthusiast, though my insurance agent probably sees me as a … The post Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog.

Policy

Insurance Journal

JUNE 17, 2025

The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power. Shipping accounts for more planet-warming greenhouse gas emissions than Japan. The sector is responsible for 3% of all emissions globally, …

Commercial

Mark Jackson Insurance Agency

MARCH 19, 2025

From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. Heres what to consider from an insurance and risk management perspective when opening a new location. Heres what to consider from an insurance and risk management perspective when opening a new location.

Workers Compensation

Insurance Journal

JUNE 10, 2025

Losquadro brings extensive experience in marine insurance, having held senior roles at both AIG and Marsh McLennan. Canopius Group, headquartered in Chicago, appointed Tom Losquadro as vice president of underwriting for national hull and liability U.S. He joined Canopius on …

Liability

Distinguished

FEBRUARY 10, 2025

As such, Collectibles insurance plays a pivotal role in safeguarding these valuable assets. Insuring Collectibles in Fine Art Storage Facilities New Yorks art scene, centered on its renowned galleries, museums, and auction houses, has created a unique market for fine art and collectibles.

Broker-Agent

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?

Agents

Insurance Journal

JULY 6, 2025

National Starwind Specialty Insurance Services named Graham Jenks the president of JH Blades Group, which encompasses JH Blades Energy, JH Blades Marine, Southern Marine, and Energy Technical Underwriters. JH Blades is a specialty platform of Starwind Specialty Insurance Services, a …

Underwriting

Majesco

JUNE 26, 2025

Ready to break the legacy business and technology mold, embrace the change, ignite innovation, and redefine the future of insurance? As a dear InsurTech Influencer, Lisa Wardlow shared with me…insurance operating models were not actually designed, they were inherited, patched, and protected by tradition and habit.

Agents

Splash: Finance and Insurance

JULY 1, 2025

Thomas Miller-controlled Condon Claims Management has acquired US-based Marine Claims Associates for an undisclosed price. The acquisition will take place effective immediately and the entire Marine Claims Associates’ team will fall under the Condon Claims Management brand. From conducting …

Marine Claims

Insurance Marine News

MAY 19, 2025

The probable cause of the contact between self-discharging bulk carrier American Mariner (IMO 7812567) and the Munuscong Channel Junction Light was O-ring-type material debris in the steering gear systems hydraulic oil. This became lodged within a control motor, which caused it to seize.

Marine

Insurance Marine News

MAY 19, 2025

Join Us The post Chubb subsidiary no longer insures Gulf Coast LNG project: report appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Insurance

Distinguished

JULY 7, 2025

who need proper landlord insurance to protect the value of their real estate investment. However, not all landlord insurance programs are created equally or are flexible enough to handle the wide variety of rental situations in today’s cities.  What is Landlord Insurance? How Much is Landlord Insurance?

Building

Insurance Marine News

MAY 15, 2025

The post Insurance Marine News Friday May 16th 2025 appeared first on Insurance Marine News.

Marine

Insurance Journal

JUNE 18, 2025

Liberty Mutual Insurance Appoints Bhatnagar President, Major Accounts, GRS North America; Fallon Announces Retirement Liberty Mutual Insurance, headquartered in Boston, named Neal Bhatnagar president, major accounts, of Global Risk Solutions (GRS) North America, effective July 7. He will report to …

Risk

Insurance Marine News

JULY 17, 2025

Join Us The post Ship manager pleads guilty in MARPOL case appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine

Distinguished

APRIL 28, 2025

NEW YORK — Distinguished Programs, a national insurance program administrator, has announced the launch of its Commercial Surety division, marking a significant expansion of its Surety program. The division will be backed by American Surety, a wholly owned subsidiary of Core Specialty Insurance Holdings, Inc.,

Commercial

Insurance Marine News

MAY 19, 2025

Join Us The post CMA CGM will reorganize global fleet to mitigate impact of US port fees on Chinese vessels appeared first on Insurance Marine News. You need to be logged in to view this content. Please Log In. Not a Member?

Marine