News & Insights
What Is CARM? CARM is a multi-year initiative implemented by Canada Border Services Agency (CBSA). CARM stands for CBSA Assessment and Revenue Management and is intended to modernize and streamline the process of imports into Canada. Under CARM, importers will need to secure and post their own import bond in order to participate in the […]
When ransomware strikes, business stops. You may be in the middle of writing an email or arranging a shipment or paying a bill when your familiar screen disappears and is replaced by an ultimatum: pay up or lose your data forever. A typical ransomware screen might inform you that your system’s data has been encrypted […]
On March 17, 2021, Roanoke announced a major milestone that positively impacts our customers, our business and our team. We issued a press release that proudly announced the opening of a new Canadian company headquartered in Toronto, ON. The new organization, Roanoke Insurance Group Canada, Inc., part of Munich Re Specialty Group, N.A., leads our […]
The Purpose of the Customs Bond Risk Assessment Why does a surety underwriter choose to to review the customs bond principal’s financial position? Because the bond represents a financial risk to the surety. The customs bond is a three-party contract between the surety company, US Customs and Border Protection (CBP), and the importer who […]
In observance of the holiday, our offices will be closed on Monday, February 15th and reopen on the 16th resuming normal business hours. Happy President’s Day!
General Average (GA) is an often overlooked and poorly understood risk with significant financial consequences for cargo owners. Navigating through a GA can be a difficult and frustrating experience for logistics providers and cargo owners, but it doesn’t have to be. Join us on Wednesday, February 24th at 12pm CT as our panelists delve […]