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EX500rider

(10,885 posts)

4. What would be the point of burning the ships?

Reply to gfwzig (Reply #2)

Thu Mar 28, 2024, 09:37 AM

Mar 28

If they cannot pay selling the ships seems like it'd be a better idea, although they have insurance so it's going to be the insurance company's problem isn't it, that's why they've been paying premiums since the beginning of time

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Highlight:

Insurers could face losses of up to $4 billion after Baltimore bridge tragedy, analyst says [View all] TexasTowelie Mar 28 OP

Oh crap mucifer Mar 28 #1

Boo F@cking Hoo Hoo! gfwzig Mar 28 #2

What would be the point of burning the ships? EX500rider Mar 28 #4

That certainly sounds reasonable. 🙄 Oopsie Daisy Mar 28 #5

So The Shipping Company's RobinA Mar 28 #8

In the end it will cost the insurance companies very little. former9thward Mar 28 #3

Is it the insurer for the cargo ship or for the bridge? LiberalFighter Mar 28 #6

Looks like insurance rates for ships could be going up. republianmushroom Mar 28 #7

That's pretty much what it will cost to rebuild this bridge FakeNoose Mar 28 #9

I'm going to guess much less than a year. Hauling away the wreckage won't take that long. Igel Mar 28 #10

It would be interesting to compare that $4B with their profits... pecosbob Mar 28 #11