At present, tanker owners transiting the Strait of Hormuz must pay single trip hull insurance premiums equivalent to 6% to 10% of the vessel’s overall value.
—
,
CNBC,
7 Oct. 2026
Nothing seems to be too much trouble for the staff who clearly have an affection for the property and its owners, with many having worked there for decades.
History tells us that promises by news proprietors to preserve their properties’ independence from their own partisan ideological predilections are typically honored in the breach.
—
Business Columnist,
Los Angeles Times,
29 Sep. 2026
Sole proprietors, partners, and LLC members are generally exempt themselves, though construction businesses are typically required to carry coverage even with very few employees.
—
Gretchen Wittenmyer-Stone,
Kansas City Star,
21 Sep. 2026
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