Baltimore Bridge May Trigger Historic Marine Loss, Says Lloyd's of London

 

• Collapse may become one of the biggest marine losses ever
• CEO John Neal said the collapse will cost billions of dollars

Insurance payouts for the Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd’s of London Chief Executive Officer John Neal.

https://www.bloomberg.com/news/articles/2024-03-28/lloyd-s-of-london-sees-claims-in-billions-for-baltimore-bridge