Shippers Warned to Stay Away From Iranian Waters as US-Iran Tensions Run High

Published on August 14, 2023
Western-backed maritime forces in the Middle East on Saturday warned shippers traveling through the strategic Strait of Hormuz to stay as far away from
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Australia's Climate Risks Are Making Home Insurance Unaffordable

August 14, 2023
Australian home insurance premiums jumped the most in two decades in the past year, driven by weather catastrophes and higher building costs, new research

Broker Aon’s White Rock vehicle demands $136.7m collateral return from Vesttoo

August 14, 2023
Re/insurance broker Aon’s White Rock Insurance (SAC) Ltd. is demanding that insurtech Vesttoo return $136.7 million in collateral that the segregated accounts and transformer structure distributed to the company.Last week, it was revealed that Aon, via its White Rock vehicle, has secured a temporary restraining order to freeze Vesttoo’s funds amid allegations of fraudulent or forged letters of cre