Much of the Houston Ship Channel remained closed Saturday a day after two vessels collided, causing a large gasoline blend spill and setting off another round of environmentalists concerns for the Gulf Coast.

Canopius AG announced it has entered into a strategic partnership with Samsung Fire & Marine Insurance (SFMI). Under the terms of the transaction, SFMI will become a significant minority investor in Canopius.

Deadly storm Florence moved across western North Carolina early on Monday and continued to dump rain that has nowhere to go except to swell rivers, flood highways and homes, and threaten more lives as it heads towards Virginia and New England.

Hurricane Florence is making landfall in North Carolina, creeping ashore at 6 mph — but bringing winds of 90 mph, a massive storm surge, and a rain system that will soak much of the state and South Carolina for days. Forecasters warn of "life —threatening, catastrophic flash flooding."

U.S. insurers are bracing for what could be $20 billion in losses as Hurricane Florence barrels toward the Carolinas and Virginia, bringing punishing rains and potentially deadly flooding.

More than 1.5 million people were ordered to evacuate their homes along the U.S. Atlantic coast as Hurricane Florence, a Category 4 storm and the most powerful to menace the Carolinas in nearly three decades, barreled in on Tuesday.

Tropical Depression Gordon was expected on Thursday to dump more rain on central U.S. states, while Hurricane Florence, a monster Category 3 storm, churned toward Bermuda, the National Hurricane Center said.

While no landmasses will be threatened this week, one scenario takes Florence close to Bermuda to start the second full week of September.

Some insurers are considering how artificial intelligence could help underwrite marine risks.

Hurricane Lane weakened as it marched toward Hawaii, but it’s list of life-threatening calamities is still going strong. The hurricane was downgraded to a Category 3 storm Thursday, even as it unleashed torrential rainfall, flooding and landslides over parts of Hawaii’s Big Island, along with dangerous surf and high winds.

As emergency shelters opened, rain began to pour down and cellphone alerts went out, the approaching Hurricane Lane started to feel real for Hawaii residents. Lane was forecast to continue its northwest turn into the islands Thursday and be the most powerful storm to hit Hawaii since Hurricane Iniki in 1992.

Hurricane Lane strengthened to a Category 5 storm on Tuesday as it charged toward Hawaii where residents braced for “life threatening” winds and flooding, the National Hurricane Center (NHC) said.

As shrinking arctic ice opens up of new shipping routes through Canada’s Arctic Archipelago, this presents challenges for risk managers and insurers, Allianz Global Corporate and Specialty suggests in a report scheduled for release Wednesday.

Between noon last Thursday and midnight on Friday the 13th, someone stole a 52-foot yacht anchored just offshore in Tavernier. Now an insurance company is offering $30,000 for information that leads to the vessel’s return.

At least 23 people were injured Monday morning after a lava explosion sent rocks and other debris flying into the air onto a tour boat in waters off the coast of Kapoho, according to Hawaii County officials.