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Markets/Coverages: Marsh Risk Enhances Cyber Facility With up to $200M of Capacity
Insurance broker Marsh Risk, the Marsh subsidiary, announced that its Cyber ECHO facility now provides Marsh clients with up to $200 million of cyber insurance. Marsh Risk describes Cyber ECHO as the largest cyber insurance facility of its kind in …
POSTED APRIL 08, 2026 9:35 AM |
Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire
Maersk said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of Hormuz, but did not yet provide enough security certainty to resume normal operations. “At this point, we …
POSTED APRIL 08, 2026 8:42 AM |
Update: US, Iran Agree to Two-Week Ceasefire Brokered by Pakistan
The United States and Iran agreed to a two-week ceasefire brokered by Pakistan, potentially suspending a six-week-old war that has killed thousands, spread across the Middle East and caused unprecedented disruption to the world’s energy supplies. Trump announced the agreement …
POSTED APRIL 08, 2026 8:02 AM |
Update: Shipowners Eye Hormuz Truce With 800 Vessels Still Trapped
Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and, at least in theory, provide an exit window for more than 800 vessels trapped in the Persian Gulf. The …
POSTED APRIL 08, 2026 7:44 AM |
Traveling for Business? Don’t Forget to Pack Your Emergency Preparedness Plan
We live in risky times. War with Iran, the ongoing conflict between Russia and Ukraine, Mexican cartels—global tensions are at an all-time high. The Department of State is advising Americans worldwide to exercise increased caution. And yet, C-suite and other …
POSTED APRIL 08, 2026 5:17 AM |
Truck Rates at Highest Since 2022 Add to Inflation Pressures
Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US. Trucking operators saw diesel prices spike by almost 50% since the …
POSTED APRIL 08, 2026 5:03 AM |
Viewpoint: The Missing Link in Commercial? No Paper Trail is Costing Insurers
Consider the moment a major commercial building changes hands. Thousands of hours of engineering work, such as structural specifications, systems commissioning data, compliance documentation, and material certifications, are packaged and transferred to the new owner. Those files land on a …
POSTED APRIL 08, 2026 5:02 AM |
Lindberg’s Baby: $1.6M in Proposed Restitution to His Former Insurance Companies
After almost a decade of litigation, investigations and deliberations, criminal fraud cases against reported billionaire and North Carolina insurance entrepreneur Greg Lindberg appear to finally be nearing an end. A sentencing hearing is expected in the next few months, followed …
POSTED APRIL 08, 2026 5:01 AM |
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested
A Kimberly-Clark Corp. employee has been arrested on arson charges after a massive fire broke out Tuesday morning at a California distribution center that serves around 50 million people. The facility — located in Ontario, California, about 35 miles outside …
POSTED APRIL 08, 2026 5:00 AM |
How Maine Regulators Say They Saved Residents $5.8 Million on Insurance
The Maine Bureau of Insurance reported that its employees’ work regulating insurance rates saved residents $5.8 million in potential increases for auto and homeowners coverage in 2025. The regulatory agency also said it recovered more than $4.5 million for Mainers …
POSTED APRIL 08, 2026 5:00 AM |
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