Among the characteristics that make the insurance business the granddaddy of financial services: Insurers are keen to the evolving needs of their clients and the way an ever-changing world impacts their business. Here, property and casualty insurance professionals will find valuable news and information for their specialty market clients.
Cruise operator Carnival Corp. says it has insurance coverage for damage and could face losses of up to $95 million after luxury cruise ship Costa Concordia ran aground off the coast of Italy on Jan. 13.
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