Guiding Your Next Big Move
War risk premiums for vessels transiting the Strait have risen sharply, in some cases increasing from around 0.2% of hull value to as much as 1.0% within days. This represents a fivefold increase, significantly raising the cost of a single voyage and, in some cases, rendering transit commercially unviable.
Since 2023, Minnesota, Colorado, Iowa, Illinois, Oklahoma, Louisiana, and Michigan have each seen average home insurance costs rise by more…
Under traditional arrangements, licensed agents and brokers receive commissions from insurers for selling policies. In contrast, insurance consultants typically charge…
Fred Cooper, of Westfield Specialty, joins Insurance Business TV to look at the complex risk landscape. He explains how MGAs…