UK insurers refuse to pay Nord Stream because blasts were ‘government’ backed

The legal team representing high-powered insurers Lloyd’s and Arch says that since the Nord Stream explosions were “more likely than not to have been inflicted by… a government,” they have no responsibility to pay for damages to the pipelines. To succeed with that defense, the companies will presumably be compelled to prove, in court, who carried out those attacks.  British insurers are arguing that they have no obligation to honor their coverage of the Nord Stream pipelines, which were blown […]

The post UK insurers refuse to pay Nord Stream because blasts were ‘government’ backed first appeared on The Grayzone.

The post UK insurers refuse to pay Nord Stream because blasts were ‘government’ backed appeared first on The Grayzone.