marine News

MSIG at Lloyd’s Launches Bloodstock Account With 2 Appointments

MSIG at Lloyd’s has moved into the bloodstock market with the appointment of specialist underwriters Rebecca Attridge and Phil Needham. Attridge and Needham both report to Caroline Koczerzat, underwriting manager, marine. The appointments mean the Syndicate 3210 now offers a …

Oil Tankers Run Gauntlet in Nigeria’s ‘Pirate Alley’

A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as …

Attempts Made to Disguise Iranian Oil Near U.A.E., Say Marine Insurers

Attempts are being made near the United Arab Emirates’ coast to disguise oil from Iran so that it can be sold to countries that are blocked by the U.S. from purchasing such shipments, global ship insurers said. “In recent weeks …

Kaufman Financial Acquires Canadian MGA Avec Insurance Managers

Burns & Wilcox Canada, a subsidiary of Kaufman Financial Group, announced it has acquired Avec Insurance Managers, a Toronto-based managing general agent with expertise in marine, inland marine and other specialty commercial lines. Avec will become part of Burns & …

Hundreds Saved From Italian Ferry; 8 Fatalities and Some Feared Missing

Eight people died and several may be missing after rescue teams completed the evacuation of 427 people following a fire on an Italian ferry traveling from Greece to Italy, defying rough seas and high winds. “It has been an extremely …

Italian Ferry Fire Under Control, Rescue Effort Continues

Italian rescue teams evacuated 340 passengers amid rough seas and high winds from an Italian ferry after a fire broke out yesterday during a route off the Greek island of Corfu. An operation led by Italy put out the fire …

Ports Tighten Ship Entry Rules in Response to Ebola Crisis

Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus. Ebola has killed more than 3,400 people in …

Burns Joins Worldwide Facilities in Houston

National wholesale insurance broker and managing general agent, Worldwide Facilities Inc., announced that Rick Burns has joined its Houston office as senior vice president and product development officer. Worldwide’s Houston office primarily serves the energy and marine markets. Burns spent …

Civisca to Focus on Marine and Inland Marine for Louisiana’s Fidelis Group

Covington, La.-based Fidelis Group Holdings LLC (FGH), through its subsidiary company Continental Underwriters Ltd., a national marine and inland marine insurance coverage and service provider, appointed Michael L. Civisca as executive vice president. Civisca will oversee and continue building the …

Cargo Specialist Franks Joins Marketform Underwriting Team

London-based Lloyd’s specialist underwriter Marketform announced that it has “secured the consultancy services of experienced marine practitioner Howard Franks who will work with cargo underwriter Nicholas Edwards to develop the cargo line’s growth opportunities. He has 39 years of Lloyd’s …