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Which insurer will be liable for Key Bridge?
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Date: March 27th, 2024 1:30 PM Author: Aqua concupiscible dilemma depressive (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47531979) |
Date: March 27th, 2024 1:39 PM Author: low-t sick station 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: Adventurous Alpha 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: 180 sienna business firm multi-billionaire 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: violet dashing stag film jewess 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: henna motley brethren psychic 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: Cracking Honey-headed Cumskin 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: outnumbered aromatic trailer park mental disorder 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: Lilac Turdskin 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: low-t sick station 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: Lilac Turdskin 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: low-t sick station 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: Lilac Turdskin 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: low-t sick station 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: Lilac Turdskin 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: Erotic round eye trust fund 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: Bistre State 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: unholy thriller brunch halford “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: rusted misanthropic goyim forum 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: greedy coldplay fan spot https://www.investopedia.com/terms/b/bridge-insurance.asp (http://www.autoadmit.com/thread.php?thread_id=5509963&forum_id=2#47533632) |