Even with little change in total incidents, organized theft rings pushed average cargo theft values sharply higher in 2025.

BMI warns insurers that territorial disputes, regime instability, and shifting alliances could drive claims volatility across political risk, marine, and specialty lines.

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.

NTSB blames wiring flaw and outdated bridge protections for the catastrophic March 2024 collapse that killed six. Report flags national infrastructure risks.

Forecasters give the system an 80% chance of formation this week as it moves toward the Greater Antilles. No immediate Gulf Coast threat.

Back-to-back coastal storms disrupt infrastructure and displace residents, with early season indicators of increased catastrophe activity this fall.

Tropical Storm Jerry, the 10th named storm of the 2025 Atlantic hurricane season, has formed in the open Atlantic and is expected to reach Category 1 hurricane strength as it nears the northern Leeward Islands on Thursday.

Specialty insurers are asking a California court to void a yacht policy after a collision, alleging the insured failed to meet critical warranty and disclosure terms.

The grounding of the MSC Antonia near Jeddah raises alarm over GPS jamming and cyber-physical threats in the MENA region, urging insurers and operators to reassess risk strategies.

A Mexican Navy training vessel collided with the Brooklyn Bridge during a goodwill tour, leaving two dead, multiple injured, and prompting an ongoing investigation.

As maritime shipping drives global trade, it also drives emissions and climate disruption. Solutions like slow steaming and wind propulsion may help chart a cleaner course.

One year after the Baltimore Bridge collapse, Howden highlights the marine insurance sector’s need for adaptability amid complex claims and a competitive market environment.

The Justice Department is seeking to recover over $100 million, alleging that the owner and manager of the cargo ship responsible for the Baltimore bridge collapse ignored critical electrical issues and cut safety corners, leading to the fatal disaster.

As vessels grow in size and complexity, the global marine insurance market faces heightened risks, leading to increased volatility and the need for long-term strategies to manage major losses.

Gallagher Re and Oxford University partner to analyze supply chain chokepoints impacting the re/insurance sector.