The largest insurance company payouts
5 mins read

The largest insurance company payouts

Workers have begun clearing debris from the Francis Scott Key Bridge in Baltimore, which collapsed after a container ship hit one of the support pillars. Analysts said the port's cleanup is expected to cost millions of dollars. reuters that “insured losses could range from $2 billion to $4 billion,” potentially making it the largest marine insurance loss in history.

Questions are rising over who will cover the costs of the Key Bridge disaster, with the Singapore company that owns the container ship likely to pursue liability claims. But this certainly wouldn't be the first time insurance companies have had to open their checkbooks. Here are the five largest insurance payouts in American history.

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