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The owner of the cargo ship involved in Baltimore's bridge disaster declared 'general average.'
Countries that rank among the top 50 most resilient nations recover from property losses 30% faster than other locations, FM Global reports.
Insurance experts analyze who was involved from a coverage and liability perspective.
In the first half of 2023, drivers in the United States struck and killed 3,373 pedestrians, according to data from the GHSA.
Barclays estimated that insurers face claims of as much as $3 billion following the accident.
The investigation into why the ship collided with the bridge is ongoing.
A New York-based insurer allegedly has an outsized role in providing coverage to tankers carrying Iranian oil.
The company offered insurance and took on risk, violating rules governing non-resident entities, a spokesperson International Registries, Inc said.
Toxic workplaces, long hours, understaffing and lack of recognition are among trends contributing to employee burnout.
Insurance claims consultant Chris Tidball addresses some of the possible litigation and insurance issues surrounding this undersea disaster.
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