Top E&S/Specialty Lines Stories
Hormuz shipping insurance costs swell after vessel attacks
By Alex LongleyThe cost of coverage has leaped to about 5% of the value of a ship, roughly five times the level seen in the earliest days of the Iran war.
News and information for property & casualty insurance agents & brokers on specialty lines or excess and surplus (E&S) insurance, including inland marine insurance, ocean marine, trucking, cargo, flood coverage, environmental, construction, cyber and other lines of non-traditional, hard-to-obtain coverage.
The cost of coverage has leaped to about 5% of the value of a ship, roughly five times the level seen in the earliest days of the Iran war.
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