The U.S. Department of Justice has filed a lawsuit against the owner and manager of the cargo ship responsible for the deadly collapse of the Francis Scott Key Bridge in Baltimore, shedding light on serious safety violations that may have far-reaching implications for the insurance industry.
Tag: Baltimore bridge
Baltimore Bridge Disaster Costs Aspen as First-Quarter Profit Declinest
Aspen Insurance Holdings Ltd. posted lower first-quarter net income as lower underwriting profit — due partly to the Baltimore bridge disaster — outpaced investment gains.
Baltimore Bridge Collision Sends Vehicles Tumbling into Water
A container ship smashed into a four-lane bridge in Baltimore in darkness Tuesday, causing it to collapse and sending cars and people plunging into the river below.