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The market is expected to bag $70b. The global cargo transportation insurance market was valued at $56.81b in 2024 and is ...
Shipping insurance costs spike in the Middle East as Israel-Iran conflict rages By Sam Meredith, CNBC • Published June 19, 2025 • Updated on June 19, 2025 at 3:15 am ...
But if you're shipping through the U.S. Postal Service, that insurance may not cover all you think it does. "Back in April, I was shipping a package to my son-in-law for his birthday, who ...
Shipping insurance is a policy that provides coverage for the contents of your package if it's damaged, lost or stolen. The retailer or company you're purchasing from will traditionally cover the ...
Attacks by Yemen's Huthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade ...
According to Claude Pettis of Hub International, cargo theft isn’t just a rising concern, it’s a swarm. “It’s an exponential advance,” explained Pettis, who is the insurance broker’s ...
Inland marine insurance is a type of small business insurance that covers your business property—such as equipment, materials, products and tools—while it is temporarily stored at an off-site ...
The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of ...
Bobtail insurance applies after the truck's load is delivered and the vehicle is traveling without cargo or a trailer, or if the owner uses the truck for personal use.
Marine insurers are now charging 0.2% of the value of a ship for journeys into the Gulf, according to data from insurance broker Marsh McLennan, up from 0.125%. There has also been an uptick in ...
Risk, loss and damage are facts of life when shipping ocean cargo, so why is the evaluation of cargo insurance so often overlooked? Our risk consultant offers practical tips that can protect your ...