Surging Oil Tanker Insurance Points to Growing Black Sea Chaos
The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region.
The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region.
Three former Palantir Technologies Inc. employees say the company is trying to use the courts to squash their startup and deny poaching staff and intellectual property from it. Palantir, the data analytics company whose chairman is Peter Thiel, filed a …
One thing that experienced adjusters will probably tell you about learning to be a better claims handler is to get more—well, experience. Years and years of it. Multinational financial services and insurance giant Allianz is looking for a way to …
Cyber once again ranked as the top global risk in 2026, according to the latest Allianz Risk Barometer, coming in No. 1 in every region and across all company sizes. Artificial intelligence took the No. 2 spot, up from tenth …
Consumer acceptance of telematics technology in auto insurance is growing, creating opportunity for insurers who can cater to tech-driven drivers who crave personalized pricing and service. Today, 82% of policyholders view telematics apps positively, according to a recent survey by …
Elon Musk’s artificial intelligence startup, xAI, is under investigation by the California attorney general’s office after the company’s Grok chatbot was allegedly used to create thousands of sexualized images of women and children without their consent. California Attorney General Rob …
Florida property/casualty insurance leaders have said they are not expecting big changes from the legislature’s 2026 regular session that began this week, given the much-touted impact that 2022 reforms have already had on excessive litigation costs in recent years. But …
SIAA, the nation’s largest alliance of independent insurance agencies, has announced a new partnership with Progressive that will expand members’ access to both personal and commercial lines options. SIAA and Progressive’s partnership is a strategic decision at a time when …
British financial regulators, including the Bank of England, have signed an outline deal with their European counterparts to enhance cooperation and oversight of providers deemed critical to the financial services sector, the BoE said on Wednesday. The memorandum of understanding …
The dark fleet of tankers shipping illicit oil around the world is rushing to seek the perceived protection of the Russian flag after the US started seizing vessels involved in the Venezuelan trade. At least 26 ships have switched registration …