Lloyd's insurers expect moderate Baltimore bridge claims : c

Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that caused widespread disruption, they said on Thursday. The Wall Street Journal reported on Thursday insurer Chubb was preparing to make a $350 million payout to the state of Maryland. Hiscox does not have direct exposure to the business interruption policy of the port, which is the busiest in the United States for auto shipments, or the property policy covering the bridge, the insurer said in its first-quarter trading statement.

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