Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: OldHarbor

I don’t understand why we would let it go until payment for damages was made. We could melt it down and use the steel for the new bridge.


3 posted on 09/21/2024 4:51:46 PM PDT by Revel
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Revel
There will be a payout by insurance companies..

Sal did a video talking about maritime insurance.

MV Dali and the Francis Scott Key Bridge | March 31 Update & Who Pays for the Salvage?

Starting at 10:16 he starts to talk about marine insurance . They have insurance “clubs” that spread the cost amongst their group, there are 3 layers, which is insurance on their insurance . It may take awhile and some court wrangling plus, maritime law is a strange animal from the sounds of it.

6 posted on 09/21/2024 5:06:28 PM PDT by OldHarbor
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson