The owner of one of the largest container ships in the world is making massive insurance industry news. The Ever Given insurance claims following the container ship’s disastrous blockage of the Suez Canal are expected to total millions of dollars. In fact, insurance industry news sources were already predicting that total even if the massive ship had been rapidly refloated. The 247,000-ton, 1310-foot ship ran aground last Tuesday morning after it lost its steering. A dust storm and high winds contributed to the container ship’s loss of control, according to…
Read MoreTrapped Suez Canal ship Ever Given insurance providers face millions in claims
