Troubled cargo ship insurer to pay $15 million fine
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Business Insurance - Jun 23, 2020
U.K.-based Steamship Mutual Underwriting Association Ltd., the insurer of cargo ship APL England, which lost around 50 containers in rough seas off the coast of Sydney on May 24, has agreed to pay fines and other costs totaling $22.5 million Australia ($15.5 million)....
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