Cargo theft surges during Thanksgiving as criminals target trucks and exploit extended holiday facility closures, CargoNet reports..

CargoNet’s Q3 2024 report reveals a 14% surge in cargo theft incidents, driven by organized crime groups’ evolving tactics.

In this fictional scenario, business owners suffer when they lack the appropriate coverage.

Global business leaders face intensifying risks, with employment risks, reputation risks and regulations among top concerns, a Beazley survey reveals.

Insureds are encountering more challenges when purchasing builder’s risk policies.

Risk managers face a complex array of challenges in an era of rapid technological advancement and global volatility.

“In the supply chain, there’s a significant push for increased visibility, which involves using technology to see beyond the first level down to the second, third, or even fourth tier. This integration between conveyances allows for tracking, tracing and predictive analytics.”

Four years after COVID-19, many companies are still battling supply chain challenges. Have we learned anything?

“As brokers, we uniquely see both sides of the aisle in the transaction. Transparency and timeliness are two words that stand out to me that could be improved on in helping our clients make educated buying decisions.”

Barnes and Lee shared how technology can provide more transparency into global supply chains, helping to avoid business interruption.

CargoNet says logistics and transportation crime reaches record high first quarter, with heightened risk during Memorial Day weekend.

The Suez Canal incident is having a significant inflationary impact, particularly in East Asia. Some estimates suggest that the blockage is decreasing East Asian GDPs by 3 to 5% due to disruptions in the movement of goods.

The 2024 FM Global Resilience Index, with six new risk factors, guides businesses in strategic decision-making on property and operations in the most resilient business environment.

A global pandemic and ongoing geopolitical turmoil are forcing companies to rewrite their playbook when it comes to supply chain risk management.

The pandemic underscored the dangers of lengthy biotech and pharma supply chains, but there are strategies for better quality control transparency.

Risk & Insurance sat down with Fabian Mercado, vice president and property lead for the East region of QBE North America, to discuss ongoing and emerging supply chain risk, the industry response, and best practices for the exposures that may be uninsurable. 

A full 60% of claims impacting fine art occur due to issues with shipping and handling.

Swiss Re’s Kera McDonald shares her thoughts on business growth areas, potential solutions to industry challenges and the importance of hiring data-savvy underwriters.

When confronting the loss of cargo during shipping, insureds face challenges on multiple fronts. But experts are optimistic that more data will help bring clarity to risk aggregation in the field — and to pricing in the back office.

Sensors to monitor location, temperature and other key shipment touchpoints are becoming more common. What to do with the data remains a challenge.