A New Era for Marine Catastrophe Management

While marine insurers remain well-capitalized, the line faces many risks. A protracted soft market has eroded margins, large losses have put pressure on rate adequacy, and marine cat experience has ...

Talks Break Off in Panama Canal Contract Dispute

The Panama Canal Authority (PCA) has broken off talks with a Spanish-led building consortium in a dispute over $1.6 billion in cost overruns during work to expand one of the world's most important ...

Rocket That Will Carry Cargo Ship Test Launched

A company contracted by NASA to deliver supplies to the International Space Station successfully launched a rocket on Sunday in a test of its ability to send a cargo ship aloft. About 10 minutes ...