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Which insurer will be liable for Key Bridge?
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Date: March 27th, 2024 1:30 PM Author: emerald sexy half-breed (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47531979) |
Date: March 27th, 2024 1:39 PM Author: Cobalt Tank Market This is all insured and reinsured from many different angles and it will be a pooled loss. (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47532012) |
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Date: March 27th, 2024 1:41 PM Author: sadistic brunch The American tax payer. World's insurer of last resort. (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47532019) |
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Date: March 27th, 2024 1:42 PM Author: balding affirmative action orchestra pit There will be a decade of litigation across multiple continents. By the time anybody is held liable, US taxpayers will have paid for the new bridge and hyperinflation will have eclipsed the value of the payout. (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47532023) |
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Date: March 27th, 2024 5:33 PM Author: Sick gaped spot marketing idea tp. (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47532768) |
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Date: March 27th, 2024 8:46 PM Author: walnut boltzmann If we can keep it (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47533446) |
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Date: March 27th, 2024 5:48 PM Author: aggressive thriller school alpha LAWYERS ARE SCUM. (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47532809) |
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Date: March 27th, 2024 5:56 PM Author: Metal step-uncle's house lol no one pays for anything at that level. Is all digits on a fake ledger (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47532829) |
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Date: March 27th, 2024 5:59 PM Author: heady autistic set depressive at this point I'm not even seeing where you'd get liability for the ship owners, a total power failure isn't negligent, I'm not aware that this would fall under some sort of strict liability, although maritime law is weird af (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47532843) |
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Date: March 27th, 2024 6:06 PM Author: Cobalt Tank Market The shipowners' interests will file for limitation of liability under the Shipowners Limitation of Liability Act of 1851. If owners' are able to limit, their liability would be limited to the value of the DALI post-casualty (which is a lot less now because she is quite damaged) plus pending freight. https://www.bloomberg.com/news/articles/2024-03-26/titanic-law-helps-ship-owner-limit-liability-in-bridge-collapse |
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Date: March 27th, 2024 6:12 PM Author: heady autistic set depressive so insurance is on the hook for almost nothing (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47532889) |
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Date: March 27th, 2024 8:16 PM Author: Cobalt Tank Market This assumes limitation is available, the lawyers will fight over that. Container ship like that minus repairs will be worth something probably. $10m maybe. Pending freight, $3-4m maybe. But yeah, that’s the law. |
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Date: March 27th, 2024 8:41 PM Author: heady autistic set depressive also there is no chance in hell that ship is insured for 20 billion dollars (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47533424) |
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Date: March 27th, 2024 8:44 PM Author: Cobalt Tank Market It’s a pooled claim, and yes, there is theoretically coverage for very high amounts like that. But you’re jumping the gun on many issues. Limitation for one. Fault of the bridge for two. Etc. i |
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Date: March 27th, 2024 11:00 PM Author: heady autistic set depressive no way any insurer is writing that kind of policy to some pajeets driving a thousand ton boat around stuff (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47533830) |
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Date: March 27th, 2024 8:44 PM Author: citrine razzle-dazzle range The Shipowners Limitation of Liability Act of 1851, Jesus. (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47533440) |
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Date: March 27th, 2024 8:17 PM Author: carnelian theatre Joe already assured everyone the US taxpayers will pick up the tab
https://www.nbcnews.com/politics/white-house/biden-says-wants-federal-government-pay-rebuilding-baltimore-bridge-ca-rcna145138 |
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Date: March 27th, 2024 8:43 PM Author: Bateful national security agency “Pull it” (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47533431) |
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Date: March 27th, 2024 9:30 PM Author: mahogany curious property Hopefully Baltimore had good bridge insurance. (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47533611) |
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Date: March 27th, 2024 9:37 PM Author: haunting insanely creepy school cafeteria https://www.investopedia.com/terms/b/bridge-insurance.asp (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47533632) |