Why Cargo Insurance Might Be The Most Important Policy For Your Business
Posted: April 10, 2024
Why Cargo Insurance Might Be The Most Important Policy For Your BusinessEvery month or so it seems we hear about another incident involving a cargo ship, resulting in a substantial financial loss. The recent Baltimore tragedy is bringing into question by some yet again the safety of commercial shipping, and it wasn't that long ago when over 1800 containers were lost at sea in a Pacific storm, causing almost $100 million in cargo losses alone. Forecasters...
Does My Business Really Need Cargo Insurance?
Posted: March 17, 2022
Does My Business Really Need Cargo Insurance?Recently it seems that every month we are hearing about a new cargo ship disaster leading to tremendous loss to its cargo. Just last month a cargo ship containing 4,000 vehicles caught fire and sunk into the Atlantic Ocean. Although this is an extreme example, it does shed light on the growing risk that cargo experiences as cargo fleets age and sail into worse weather...