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Houthi Attacks in Red Sea Sink Two Cargo Ships, Leave Three Dead
Jul 9 2025 // Houthi attacks in the Red Sea left three crew members dead and sank two cargo vessels in a fresh wave of assaults by the Tehran-backed group along the crucial maritime trade route. Liberian-flagged MV Eternity C sank on...
Market/Coverages: Willis Launches $200M Cargo Facility for Rising Geopolitical Risks
Jul 8 2025 // Willis, a WTW business, has launched ‘Undercover,’ a new $200 million facility, combining coverage for a range of geopolitical exposures faced by cargo owners worldwide. Developed by Willis in a joint...
Markets/Coverages: Hiscox Offers Digital Cover for Small Cargo, Stock Throughput Risks
Jul 2 2025 // Hiscox, the Bermuda-based global specialist insurer, has launched a new Cargo API (application programming interface)-based solution, available through broker partners for underwriting small cargo and stock throughput...
Truckers Fear Job Loss as New English Language Rules Take Effect
Jul 1 2025 // At a trucking school in New Jersey, students are maneuvering 18-wheelers around traffic cones. Other future drivers look under hoods to perform safety checks, narrating as they examine steering hoses for cracks and...
Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB
Jun 26 2025 // Tariffs, enhanced technology to defeat law enforcement along with profitability of criminal enterprises, and geopolitical circumstances have led to an increased threat to the global supply chain, according to the National...
Nuclear-Powered Cargo Ships Promise Cleaner Transport but Could Be Hard to Insure
Jun 18 2025 // The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power. Shipping accounts for more planet-warming greenhouse gas emissions than Japan. The...
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