Western companies that own the planes face little prospect of getting them back, meaning billions of dollars in losses.
Tag: Insurance
Air France, Lufthansa and SAS Limit Flights to Ukraine
Lufthansa and Scandinavian Airlines also canceled flights to Kyiv as fears grow of a Russian invasion.
Obamacare Sign-Ups Reach Record as Virus Rocks Job-Based Coverage
Thanks to increased subsidies, new advertising, and a reshaped insurance landscape, 13.6 million Americans have enrolled in plans for 2022. Enrollment continues until Jan. 15.
Clearing the Suez Canal Took Days. Figuring Out the Costs May Take Years.
There will be finger-pointing and competing agendas as cargo companies, lawyers, insurers and government agencies try to sort out what went wrong when the Ever Given got stuck — and who must pay.
Greensill Capital: The Collapse of a Company Built on Debt
Greensill Capital promised a win-win for buyers and sellers, until it all fell apart, igniting concerns about opaque accounting practices.
The Fires Are Out, but Australia’s Climate Disasters Aren’t Over
Devastating floods came soon after the bush fires. Scientists call it “compound extremes,” as one catastrophe intensifies the next.
Everest Fraud Leads Insurers to Threaten a Boycott Unless Nepal Cracks Down
An elaborate scheme centered on helicopter rescues from Everest and nearby peaks has defrauded millions of dollars from insurance companies.