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Rising Equipment Values Raise Inland Marine Claims Stakes

Rising Equipment Values Raise Inland Marine Claims Stakes

Data center construction, tariffs and equipment shortages are pushing insured values higher and complicating replacement-cost and loss-of-use calculations after inland marine losses.
August 20 Insurance Industry Marine Property Risk Management Underwriting
Train Cargo Theft Costs U.S. Railroads $200 Million a Year

Train Cargo Theft Costs U.S. Railroads $200 Million a Year

Organized thieves carried out 75,000 thefts from U.S. freight rail networks in 2025, pushing railroads to invest millions in AI cameras, drones, fencing and law enforcement partnerships.
August 20 Fraud Legislation & Regulation Marine Risk Management Subrogation Arizona California Illinois Tennessee
New Illinois Law Makes Boat Liability Insurance Mandatory for Thousands of Owners

New Illinois Law Makes Boat Liability Insurance Mandatory for Thousands of Owners

Beginning January 1, 2027, most Illinois motorboats over 50 horsepower or at least 21 feet long must carry liability insurance. The new law introduces fines for uninsured operators and could reduce the number of uninsured boating claims.
July 29 Legislation & Regulation Liability Marine Underwriting Illinois
Hurricane Genevieve Sends Massive Surf to Southern California, Raising Coastal Damage Risks

Hurricane Genevieve Sends Massive Surf to Southern California, Raising Coastal Damage Risks

Long-period swells from Hurricane Genevieve are expected to generate dangerous surf, rip currents, and localized coastal impacts across Southern California through the weekend, even without a direct landfall.
July 29 Catastrophe Liability Marine Property Risk Management California
Miami’s Super Yacht Boom Leaves Derelict Boats, Rising Marine Risks, and Insurance Challenges

Miami’s Super Yacht Boom Leaves Derelict Boats, Rising Marine Risks, and Insurance Challenges

As luxury yacht ownership expands across South Florida, abandoned vessels, marina shortages, and rising boating accidents are creating new risks for insurers, marine adjusters, and local governments.
June 29 Insurance Industry Liability Marine Property Risk Management Florida
NHC Tracks First Eastern Pacific Tropical Disturbance of 2026 Hurricane Season

NHC Tracks First Eastern Pacific Tropical Disturbance of 2026 Hurricane Season

The system has a 60% chance of development within seven days, while NOAA forecasts an above-normal Eastern Pacific hurricane season.
May 29 Catastrophe Insurance Industry Marine Property Risk Management California
NHC Begins 2026 Atlantic Hurricane Outlooks

NHC Begins 2026 Atlantic Hurricane Outlooks

The National Hurricane Center has begun issuing daily Atlantic Tropical Weather Outlooks for the 2026 season. No tropical cyclone formation is expected over the next seven days, but parts of Florida and the Southeast Coast are being watched as higher-risk areas this year.
May 18 Auto Catastrophe Insurance Industry Marine Property Florida North Carolina South Carolina
Baltimore Bridge Collapse Settlement Reaches $350M With Ship Owner, Operator

Baltimore Bridge Collapse Settlement Reaches $350M With Ship Owner, Operator

Maryland reaches a major settlement with ship owner and operator, advancing complex claims tied to the Key Bridge disaster and broader liability exposures.
April 13 Catastrophe Liability Litigation Marine Property Maryland
Inland Marine Insurance Hits 20 Years of Profitability as Market Competition Expands

Inland Marine Insurance Hits 20 Years of Profitability as Market Competition Expands

Twenty straight years of underwriting gains highlight stability, with growth tied closely to construction, freight, and economic activity rather than litigation pressures.
April 3 Insurance Industry Marine Property Risk Management
Chubb Details $20 Billion US-Backed Maritime War Risk Insurance Program

Chubb Details $20 Billion US-Backed Maritime War Risk Insurance Program

Chubb says it will control underwriting, pricing, policy issuance, and claims in a $20 billion maritime war risk facility backed by the US International Development Finance Corporation. Vessel eligibility set by the US government will determine which ships and cargo can access coverage for Strait of Hormuz transits.
March 23 Insurance Industry Liability Marine Property Risk Management
Florida Authorities Break Up Major Theft Organization Targeting Semi-Trailers

Florida Authorities Break Up Major Theft Organization Targeting Semi-Trailers

Six suspects face up to 300 years combined after targeting semi-trailers and disabling GPS tracking devices across multiple Florida counties.
February 17 Fraud Litigation Marine Property Risk Management Florida
Cargo Theft Losses Jump 60% to $725M as Organized Crime Targets High-Value Freight

Cargo Theft Losses Jump 60% to $725M as Organized Crime Targets High-Value Freight

Even with little change in total incidents, organized theft rings pushed average cargo theft values sharply higher in 2025.
January 28 Fraud Insurance Industry Marine Property Risk Management
Political Risk Outlook 2026: Insurers Brace for Arctic, Middle East, and Indo-Pacific Tensions

Political Risk Outlook 2026: Insurers Brace for Arctic, Middle East, and Indo-Pacific Tensions

BMI warns insurers that territorial disputes, regime instability, and shifting alliances could drive claims volatility across political risk, marine, and specialty lines.
January 26 Excess & Surplus Lines Insurance Industry Marine Property Risk Management
Severe Geomagnetic Storm Watch Highlights Power, Satellite, and BI Exposure

Severe Geomagnetic Storm Watch Highlights Power, Satellite, and BI Exposure

NOAA’s warning underscores exposure tied to power quality, satellite services, and timing-dependent operations that can trigger complex business interruption claims without physical damage.
January 20 Catastrophe Insurance Industry Marine Property Risk Management
Loose Wire on Dali Caused Blackouts, Leading to Key Bridge Collapse in Baltimore

Loose Wire on Dali Caused Blackouts, Leading to Key Bridge Collapse in Baltimore

NTSB blames wiring flaw and outdated bridge protections for the catastrophic March 2024 collapse that killed six. Report flags national infrastructure risks.
November 19, 2025 Catastrophe Insurance Industry Legislation & Regulation Marine Risk Management District Of Columbia Maryland
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