Lloyd's insurers expect moderate Baltimore bridge claims

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Lloyd's insurers expect moderate Baltimore bridge claims
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Islanders flock to Charlottetown Flea Market for affordable finds amid rising costs | SaltWireLONDON - 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.

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. Lancashire said in its first-quarter trading statement that"our potential exposure will be within our expectations for an event of this type".

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