Marine (Inland and Ocean) News

Delta General Adds Moss as Transportation Underwriter

Houston-based Delta General Agency Corp. announced that Craig Moss has joined the property/casualty insurance wholesale broker as senior transportation underwriter. Moss has been in the insurance industry for 17 years, most recently with Brazos Specialty Risk Inc. in Dallas. He …

Ironshore Australia Launches Marine Unit to Cover Fine Art, Specie, Cargo Classes

Ironshore Australia has entered the fine art, specie and cargo insurance sectors in Australia through the creation of a new marine unit. Ironshore’s team will focus on underwriting a range of both static and transit fine art risks for Australian-based …

Gridiron Insurance Underwriters Launches New Inland Marine E-Portal Product

Gridiron Insurance Underwriters, Inc., a program manager that specializes in program business on a regional and national basis through select retail and wholesale producers, will release a new inland marine product called Inland Pro E-Portal on August 20, 2013. The …

Northwest Harvest Food Banks Win in Potato Loss

Washington food banks are benefiting from a business accident involving 46,000 pounds of dehydrated mashed potatoes. After the container filled with the dehydrated potatoes fell off a truck last week on their way to Seattle for shipment to Japan, the …

Lance Surety Launches New Program to Meet FMCSA Bond Increase Requirement

Lance Surety Bond Associates, Inc. has launched a new program addressing the $75,000 Freight Broker Bond requirement that will take effect later this year. The Moving Ahead for Progress in the 21st Century Act (MAP 21) transportation reauthorization bill was …

Tower Group International Enters Marine and Energy Market

Tower Group International, Ltd. has entered into the marine and energy insurance market. Tower’s new marine and energy team will be led by Tom Guarnera and Jeff Kaufmann, who are joining Tower from the U.S. office of ANV Holdings BV, …

ACE USA Updates Marine Cargo Policy

ACE USA, the U.S.-based retail operations of the ACE Group, has released an updated marine open cargo policy that consolidates multiple coverage components into one form. The updated marine open cargo policy incorporates several coverage endorsements in a single form, …

XL Group Launches New Motor Cargo Truck Coverage

XL Group has added to its inland marine business with customizable coverage for mid-to-large size trucking operations in North America. Motor truck cargo coverage solutions includes flexible limits on 23 additional coverages, 22 optional endorsements, multiple reporting options and payment …

Report: Ship Crew Ignored Warnings Before Hitting Kentucky Bridge

The pilot and crew members aboard a cargo ship had reservations about the boat’s course shortly before it struck a bridge over the Tennessee River, but no one stepped up to check written or electronic charts against what they were …

Liberty International Launches Marine Business Owner Policy

Liberty International Underwriters (LIU), part of the Global Specialty unit of Liberty Mutual Insurance, has launched a new policy designed to cover marine liability and property related risks for small and mid-size marine businesses owners and operators. The new policy, …