Steadfast Insurance - Oil and Gas Drilling Rig

Steadfast Insurance files lawsuit against oil and gas companies for causing earthquakes

The insurer is suing seven oil and gas companies in order to achieve subrogation for quake damage. Steadfast Insurance Company is suing seven oil and…

Marriott data breach - Marriott Hotel

Marriott data breach costly despite cybersecurity insurance coverage

The massive hotel chain’s cyberattack could affect as many as 500 million of its customers. The Marriott data breach is now believed to affect as…

Art Insurance - Art Exhibit

Lack of art insurance leads to Banksy artwork seizures

The pieces by the world famous street artist have been seized by Belgian authorities due to a lack of coverage. Belgian authorities have seized artworks…

Environmental liability insurance - Air Pollution - smoke

Environmental liability insurance market takes off as regulators crack down on pollution

As standard property or general liability policies don’t cover enough, pollution coverage is increasingly common. Environmental liability insurance is rapidly growing in popularity as exposures…

Hurricane Michael losses - Money

Insured Hurricane Michael losses estimates as high as $8 billion

The devastating storm crashed through 4 states, leaving the most damage behind in Florida. The insured Hurricane Michael losses could be as high as $8…

Hurricane Florence Damage - Flooding

Total Hurricane Florence damage estimates now up to 11 figures

The home and business property damage done from the storm’s flooding is notably higher than expected. The estimated Hurricane Florence damage total from the extreme…

Cryptocurrency insurance - digital information

Banks are selling customized cryptocurrency insurance packages to businesses

According to a recent Bloomberg Report, several insurers are offering these custom products. A number of large insurers are now quietly selling cryptocurrency insurance packages…