News Center
News Archives - Insurance Journal
UBS Loses Bid to Limit Liability for Nazi-Linked Crimes, Judge’s Ruling Shows
A U.S. judge on Tuesday rejected UBS’ bid to clarify a $1.25 billion settlement from 1999 of Holocaust-related litigation against Swiss banks by shielding it from claims based on new revelations about Nazi-linked accounts. U.S. District Judge Edward Korman in …
POSTED APRIL 08, 2026 12:26 PM |
Risk Strategies Claims Ex-Employees’ Talent and Customer Raid Has Cost It $900K
Boston-based specialty insurance broker Risk Strategies Co. is suing two former employees and their new employer for allegedly stealing customers and poaching employees in a scheme the firm says has thus far cost it nearly $900,000 in revenue. On March …
POSTED APRIL 08, 2026 11:00 AM |
Russia-Linked Hackers Hijack Routers to Steal Passwords, UK Says
Russian government-linked hackers are compromising popular internet routers to steal passwords for email accounts and other online services, the UK’s National Cyber Security Centre has warned. The hackers, a group known as APT28, are associated with Russia’s GRU military intelligence …
POSTED APRIL 08, 2026 10:32 AM |
Resuming Normal Shipping to Take 6-8 Weeks Once Middle East Stabilizes: Hapag-Lloyd
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 …
POSTED APRIL 08, 2026 10:02 AM |
Markets/Coverages: Marsh Risk Enhances Cyber Facility With up to $200M of Capacity
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 …
POSTED APRIL 08, 2026 9:35 AM |
Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire
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 …
POSTED APRIL 08, 2026 8:42 AM |
US, Iran Agree to Two-Week Ceasefire Brokered by Pakistan
The United States and Iran agreed to a two-week ceasefire brokered by Pakistan, potentially suspending a six-week-old war that has killed thousands, spread across the Middle East and caused unprecedented disruption to the world’s energy supplies. Trump announced the agreement …
POSTED APRIL 08, 2026 8:02 AM |
Update: Shipowners Eye Hormuz Truce With 800 Vessels Still Trapped
Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and, at least in theory, provide an exit window for more than 800 vessels trapped in the Persian Gulf. The …
POSTED APRIL 08, 2026 7:44 AM |
Traveling for Business? Don’t Forget to Pack Your Emergency Preparedness Plan
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 …
POSTED APRIL 08, 2026 5:17 AM |
Truck Rates at Highest Since 2022 Add to Inflation Pressures
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 …
POSTED APRIL 08, 2026 5:03 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Streamless Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|