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News

The world of insurance protection and risk management changes by the hour. Check back here often to read the latest industry news and learn what's happening here at Core Assurance Partners.

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

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Filed Under: Industry News  |  August 12, 2019

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

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Filed Under: Industry News  |  June 14, 2019

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

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Filed Under: Industry News  |  June 12, 2019

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

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Filed Under: Safety  |  June 1, 2019

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

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Filed Under: Industry News  |  May 3, 2019

New Test for Distracted Driving: Textalyzers (Source: Cincinnati Insurance)

Lawmakers in a handful of cities and states – Nevada, New York, New Jersey, Tennessee and the city of Chicago – are considering allowing police to use devices called textalyzers to test for suspected cell phone use at the scene of car accidents.A textalyzer device can provide on-the-spot

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Filed Under: Safety  |  May 2, 2019

Core Assurance Partners Recognized for Exceptional Customer Commitment and Service

Core Assurance Partners Recognized for Exceptional Customer Commitment and Service Agency selected for The Hanover’s President’s Club Core Assurance Partners recently was selected for The Hanover Insurance Group’s President’s Club, an elite group of independent insurance agencies from across the

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Filed Under: Press Release  |  May 1, 2019

Maritime Cyber-Crime Under the Spotlight (Source: Lloyd’s List)

Shipping is increasingly exposed to risks of cyber-crime. But while the 2017 Maersk attack was widely reported, better communication and regulation may be required to prevent further attacks.  Criminals are beginning to focus on shipping, and specifically ports, as their centralised

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Filed Under: Industry News  |  April 22, 2019

New Capacity Having Positive Results on Performance; Port Handles 240,000 TEUs in March (Source: The Port of Virginia)

NORFOLK, VA – The Port of Virginia® in March processed 240,035 TEUs (twenty-foot equivalent units), making it the second busiest March in the port’s history.Though cargo was off nearly 5 percent compared with last March, the port is handling near-peak season volume, says John F. Reinhart, the

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Filed Under: Industry News  |  April 17, 2019

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