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U.S. Supreme Court decides choice-of-law provision stands after yacht owner's insurance called for using state law of Pennsylvania over New York law.
Motor vehicle accidents account for nearly half of insured losses for midsize wholesalers and distributors.
Should railroad workers strike, insurers would quickly face inflationary pressures from the supply chain slowdown.
Who will insure these vessels and what will that mean for potential claimants?
Lithium-ion battery fires don't need oxygen to burn, making them difficult to extinguish and prone to reignition.
Can embedded insurance bring the Amazon-buying experience to the transportation & freight industry?
This coverage is especially prudent when goods being transported are high-dollar, says the Insurance Information Institute.
New insurance challenges are emerging around the construction materials developers need to get their projects off the ground.
Overall, annual shipping losses have fallen nearly 60% since 2012.
Navigators agreed to settle a U.S. probe that it violated sanctions through deals tied to banned nations.
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