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Energy Insurance Market Overview: Insuring Oil, Gas & Renewables
While the Energy insurance industry remains in a hard market, much has changed in the last 12 months. Buoyed by the war in Ukraine, the price of oil has risen from $70 to well over $110 as of June 27, global oil production and consumption has climbed to pre-pandemic levels, and rig activity is up significantly. Most oil producers are…
Energy Update: Insuring Oil, Gas and Renewables
During this webinar, we were joined by industry experts for a discussion on the Energy market in the U.S. and Canada. They provided insights into oil, gas, renewables, and the impacts of current events. https://vimeo.com/723507377/374f273677
Colonial Pipeline Ransomware Attack Exposes Severity of Cyber Threats
The ransomware attack that shut down one of the largest fuel pipelines in the U.S. and set off gas shortages and panic-buying is indicative of the growing cyber risk threatening American infrastructure, experts said in a recent USA Today report. Colonial Pipeline Co., which moves 2.5 million barrels of petroleum each day, was forced to discontinue operations May 7 after…