Baltimore Bridge Collapse Likely to Result in Multibillion-Dollar Insurance Claims-Lloyd's of London
The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson of commercial insurance market Lloyd's of London said on Thursday.
The massive Singapore-flagged container ship Dali sailing out of Baltimore Harbor bound for Sri Lanka reported losing power and the ability to maneuver before plowing into a support pylon of the bridge on Tuesday.
The impact brought most of the bridge tumbling into the mouth of the Patapsco River, blocking shipping lanes and forcing...
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