>“Despite the hefty insured losses, we expect they will remain manageable for the insurance industry as they will involve a large and diversified pool of well capitalized insurers and reinsurers,” Morningstar said.
Is the insurance business world so scummy that just a couple of billions worth of claims could even remotely be a problem for them?
The good news for Lloyds is that the US federal government intends to pay for the bridge rebuild.
https://www.nbcnews.com/politics/white-house/biden-says-want...