News

COVID-19 Resource Center

Core Assurance Partners is here to help you navigate the challenges posed by COVID-19. Our team members remain fully operational and equipped to serve you and your daily insurance-related needs. As the situation develops and we continue to monitor the insurance marketplace, we will update the

Navigating the Impact of COVID-19 on Marine P&I

The shipping industry, being at the forefront of trade, has been impacted both directly and indirectly from the outbreak of COVID-19. The P&I Clubs are continuously addressing emerging issues resulting from the pandemic by providing owners with the most up-to-date advice and guidelines. Such

Port of Virginia begins $350M Dredging Project (Source: Virginia Business)

The project to make Virginia the East Coast’s deepest port launched 2.5 years early. The dredging project to make Virginia the East Coast’s deepest port has begun nearly two-and-a-half years earlier than expected, The Port of Virginia announced on [December 2, 2019].Dredging work

The Neptune Festival of Virginia Beach

The Neptune Statue Proudly welcoming local residents and visitors alike, a 34-foot, cast bronze Neptune statue stands at the gateway to Neptune Park and the threshold of the sea. Surrounded by the creatures of his realm, mighty trident in hand, Neptune’s gaze rests affectionately on the shore. His

Core Assurance CR Marine Insures Hybrid Catamaran, Among the First Built in U.S.

Building a Maritime Highway Across the Long Island SoundOwners of one of the first hybrid cargo vessels ever built hope to develop a shipping route from Connecticut to Long Island, easing truck traffic on congested roadways.(Source: The New York Times) Anyone who has driven on

The Top 3 Safety Factors Affecting Construction Teams Today (Source: Construction Business Owner)

With the ever-increasing focus on safety in the construction industry, it is important to consider safety from a broad perspective—including everything from specific practices adopted on-site to companywide process and cultural changes that impact the way projects are approached. A recent set of

7.3 Million Homes, $1.8 Trillion at Risk from Hurricane Storm Surge (Source: Insurance Journal)

The Atlantic hurricane season, which began June 1, puts 7.3 million homes at risk with an estimated reconstruction cost of $1.8 trillion, CoreLogic said in its 2019 Storm Surge Report.That’s 300,000 more homes and $200 billion more in reconstruction costs since last year’s report. This is the

Hurricane Season is Here: Are you Prepared?

Hurricane season begins on June 1st and runs until November 30th with the peak period between August and October. According to the National Oceanic and Atmospheric Administration (NOAA), the 2019 Atlantic hurricane season will be near-normal. Although predictions for hurricane season vary each

Surety Bond Producers Keep Eye Out For Illegal Waivers (Source: Engineering News-Record)

A report from the annual convention of surety brokers and agentsThe surety bond industry regularly reminds state and local governments, politely, that public works in all states must involve surety bonds.That’s the law. And the National Association of Surety Bond Producers, the bond brokers