Baltimore disaster could see record insurance payouts — but it’s complicated: expert

The total insurance payouts that will come as a result of the Francis Scott Key Bridge collapsing in Baltimore will likely run into billions of dollars and could end up being the largest marine insurance payout of all time – topping the Costa Concordia luxury cruise liner disaster in 2012 that saw $1.5 billion being paid out. The insurance claims process is expected to be complicated, with various parties involved, and determining who bears responsibility will be a key factor in decid