
Marine Insurers and Shipowners Unite for Greener Shipping Futures
Marine insurance experts advocate for joint decarbonisation efforts with shipowners to navigate the complexities of reducing greenhouse gas emissions.
February 23, 2024
Legislation & Regulation
Marine
Risk Management
Technology

Supercharged Hurricane Season Looms in 2024, Experts at AccuWeather Warn
With La Niña's return and record-warm Atlantic waters, AccuWeather forecasts a potentially explosive hurricane season in 2024.
February 20, 2024
Catastrophe
Marine
Risk Management
Texas

Study Warns of Looming Risk of Atlantic Ocean Current Shutdown and Its Global Impact
A groundbreaking simulation suggests the Atlantic Ocean's vital currents may face a "cliff-like" collapse sooner than expected, threatening drastic global climate shifts.
February 12, 2024
Catastrophe
Marine
Risk Management

Few States Actively Combating Increased Hurricane Risk Despite Rising Frequency
With hurricanes becoming three times more frequent over the past century, only a handful of U.S. states are stepping up with effective risk reduction strategies.
February 12, 2024
Catastrophe
Marine
Property
Risk Management
Louisiana
New York

Fishing Vessel Wrecked on Maine Coast Due to Autopilot Error
A crew member's nap and an unactivated bridge alarm led to the Tara Lynn II fishing vessel crashing onto rocks amid a storm on the Maine coast.
January 24, 2024
Marine
Property
Maine

$6.4 Billion Estimated Insured Losses in Japan’s Noto Peninsula Earthquake
The 2024 Noto Peninsula Earthquake in Japan caused significant insured losses, with residential properties, especially older structures, bearing the brunt of the damage.
January 5, 2024
Catastrophe
Marine
Property
Risk Management

US Issues Caution for Maritime Shipping in Red Sea Amid Rising Attack Risks
The US warns of increased dangers for ships in the Red Sea and Gulf of Aden, with recent attacks and suspicious activities heightening risks and insurance concerns.
November 28, 2023
Catastrophe
Insurance Industry
Marine
Risk Management

Pirates and Vigilantes: Oakland’s Boat Owners Unite Against Escalating Theft
Oakland is grappling with a growing problem that extends beyond its streets into the serene waters of the estuary. Property crime has spilled onto the city's docks and marinas, where boat owners are becoming increasingly vulnerable to thefts and burglaries.
September 11, 2023
Marine
California

Who’s at Fault When AI’s Driving a Cargo Ship?
It's 2035 and a maritime court has convened to determine who's at fault when a seagoing vessel made an error in passage planning -- a safety exercise that maps a voyage from start to finish, including harbour navigation and docking.
June 30, 2023
Liability
Marine
Technology

Choice Of Law In Marine Insurance -- What’s SCOTUS Going To Do?
Choice of law clauses are a valuable tool for parties to preemptively decide which jurisdiction's laws should apply to the enforcement and interpretation of insurance policies.
April 19, 2023
Litigation
Marine

Seattle Marina Fire Destroys 30 Boats, Arson Suspect Arrested
Flames engulfed a marina in Seattle's University District, burning dozens of boats early Wednesday. According to the Seattle Fire Department, as many as 30 boats at a dry rack storage facility were burning when firefighters arrived and the fire had spread to an adjacent warehouse.
March 22, 2023
Marine
Washington

Key Trends Driving Marine Claims Activity
Fire and explosion incidents are behind the most expensive insurance claims in the marine industry, while cargo damage is the most frequent cause of loss, according to a report by Allianz Global Corporate & Specialty (AGCS).
November 23, 2022
Marine

Removing Damaged Boats: Florida’s Marine Towing and Salvage Companies Swamped
Heather O'Brien's phone hasn't stopped ringing in the two weeks since Hurricane Ian hit. O'Brien, who along husband Capt. Pat O'Brien has owned the Fort Myers Sea Tow franchise since 1996, already has responded to 'hundreds' of situations where boats were sunk or displaced or need to be recovered because of the storm.
October 18, 2022
Marine
Salvage
Florida

Breakdown of America’s Largest P/C Carriers
Property and casualty insurance providers across the country wrote more than $797 billion in premiums in 2021, generating about $767 billion in earned premiums, the latest industry report from the National Association of Insurance Commissioners' (NAIC) has revealed.
October 10, 2022
Auto
Insurance Industry
Liability
Life & Health
Marine

Marina Boat Storage Subrogation: Navigating Storage Agreement Exculpatory Clauses
On Friday, August 19, a huge fire ripped through the historic and family-owned Mattapoisett Boatyard in southern Massachusetts, a short distance south of MWL's Boston office. The fire destroyed five buildings, three dozen cars, and countless expensive boats.
September 1, 2022
Auto
Marine
Subrogation
Massachusetts



