Why is the federal government paying for the rebuilding of the Francis Scott key bridge in Baltimore and not letting the insurance company of the shipping company pay for it? - The Great Awakening

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Why is the federal government paying for the rebuilding of the Francis Scott key bridge in Baltimore and not letting the insurance company of the shipping company pay for it? (twitter.com)

posted 247 days ago by brain_dead 247 days ago by brain_dead +160 / -0

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– MagnumLife 3 points 247 days ago +3 / -0

That's not how this kind of insurance works - the policies respond and the claim is reinserted. Actually the insurers are incentivised to pay when the claim is clear cut as this is.

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