Posts by Hometown Insurance

Hapag-Lloyd voiced cautious optimism on Wednesday on the prospect of resuming shipping through the Strait of Hormuz after a two-week ceasefire agreed between the U.S. and Iran, but said that resuming normal traffic throughout its network would take at least …

Insurance broker Marsh Risk, the Marsh subsidiary, announced that its Cyber ECHO facility now provides Marsh clients with up to $200 million of cyber insurance. Marsh Risk describes Cyber ECHO as the largest cyber insurance facility of its kind in …

Maersk said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of Hormuz, but did not yet provide enough security certainty to resume normal operations. “At this point, we …

The United States and Iran have agreed to a two-week ceasefire, reaching a deal less than two hours before President Donald Trump’s deadline for Tehran to reopen the Strait of Hormuz or face the wiping out of “a whole civilization.” …

Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz, potentially opening an exit for more than 800 vessels trapped in the Persian Gulf. The vital waterway has been virtually …

We live in risky times. War with Iran, the ongoing conflict between Russia and Ukraine, Mexican cartels—global tensions are at an all-time high. The Department of State is advising Americans worldwide to exercise increased caution. And yet, C-suite and other …

Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US. Trucking operators saw diesel prices spike by almost 50% since the …

Consider the moment a major commercial building changes hands. Thousands of hours of engineering work, such as structural specifications, systems commissioning data, compliance documentation, and material certifications, are packaged and transferred to the new owner. Those files land on a …

After almost a decade of litigation, investigations and deliberations, criminal fraud cases against reported billionaire and North Carolina insurance entrepreneur Greg Lindberg appear to finally be nearing an end. A sentencing hearing is expected in the next few months, followed …

A Kimberly-Clark Corp. employee has been arrested on arson charges after a massive fire broke out Tuesday morning at a California distribution center that serves around 50 million people. The facility — located in Ontario, California, about 35 miles outside …