Navigating the Stormy Seas of Marine Insurance Claims with Expertise and Empathy
Marine loss adjuster Paul Field reveals the challenges and nuances of handling insurance claims for pleasurecraft, emphasizing the human aspect and technical expertise required.
March 29, 2024
Insurance Industry
Marine
Risk Management
Technology
Baltimore Bridge Collapse May Set Record for Marine Insurance Losses, Lloyd’s of London Chairs Warn
Lloyd’s of London anticipates the Francis Scott Key bridge collapse to potentially become the most significant marine insurance loss in history.
March 28, 2024
Catastrophe
Insurance Industry
Marine
Risk Management
Maryland
Ship Owner Utilizes 19th-Century Law to Mitigate Liability After Baltimore Bridge Collision
After a catastrophic accident involving a ship and a Baltimore bridge, the vessel’s owner looks to an old maritime law to potentially cap damages, reshaping the financial aftermath.
March 27, 2024
Insurance Industry
Legislation & Regulation
Marine
Maryland
Major East Coast Bridge Collapses After Collision with Cargo Ship, Triggers Extensive Search and Rescue Operation
The collapse of the Francis Scott Key Bridge, after being struck by a cargo ship, has led to a significant emergency operation and concerns over East Coast shipping logistics.
March 26, 2024
Catastrophe
Marine
Risk Management
Technology
Maryland
Spire Global and NVIDIA Join Forces to Revolutionize AI-Driven Weather Forecasting
Spire Global teams up with NVIDIA, aiming to improve forecast accuracy and tackle the challenge of extreme weather events through AI-driven weather prediction.
March 20, 2024
Catastrophe
Marine
Risk Management
Technology
Record-High Sea Surface Temperatures Alarm Ocean Scientists Globally
Ocean temperatures have surged to unprecedented levels for over a year, alarming scientists about potential long-term ecological and meteorological impacts.
March 15, 2024
Catastrophe
Marine
Risk Management
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
