W. R. Berkley Corp. has formed a new marine division of its Berkley Offshore Underwriting Managers operating unit. Through its New York office, Berkley Offshore will underwrite a full spectrum of marine hull and liability coverages to brownwater vessel operators, …
A Brazilian federal prosecutor filed criminal charges on Wednesday against Chevron and drill-rig operator Transocean for a November oil spill, raising the stakes in a legal saga that is adding to Chevron’s woes in Latin America and threatens to slow …
In a keynote speech at the annual Houston Marine Insurance Seminar Tom Bolt, Lloyd’s Director of Performance Management, told an audience of energy insurers that he is not convinced offshore energy underwriters are ‘robustly managing risks.’ He added that the …
