Responsible for carrying 90% of the worlds trade, the shipping industry is the backbone of the global economy. Allianz reports that the international marine cargo industry transports goods with an estimated value of $4.5 trillion annually.
The smartphone and related applications have changed society, yet evolving technology often finds the law and insurance playing catch-up. Apps and their behind-the-scenes use of GPS, Bluetooth, and audio beacons make the phones seem "smarter," but they have generated privacy issues regarding their collection of information.
Three semi-trucks that haul mail were destroyed after the trailers they were hauling caught fire outside a U.S. Postal Service location in southern Manatee County on Wednesday.
Risk managers concerned about insurance exclusions should consider asking their brokers to brief senior managers explaining what exactly the insurance covers and what it excludes, a Willis Towers Watson executive advises.
A three-alarm fire raced through an apartment construction site in the North Capitol Hill neighborhood Wednesday, killing one person and forcing panicked construction workers to jump from the second and third floors to escape the flames.
Manufacturing has changed monumentally with the introduction of new technologies and automated capabilities. Workers are now empowered and assisted by machines and digital automation of commercial organizations is something the insurance industry has had to keep a close eye on.
The Coast Guard is warning mariners about navigation hazards after 70 cargo containers fell off a ship near the coast of North Carolina Saturday night.
One man was killed and two other people were injured Thursday afternoon in a fiery crash involving three tractor-trailers and four other vehicles on Interstate 290 near Elmhurst, authorities said.
School resumes Monday after a fast-moving fire decimated the Pensylvania districts fleet of buses. The fast-moving blaze at a Parkland School District garage in South Whitehall, near Allentown, was reported around 3 a.m. Friday.