Partner Michael Savett Quoted in Business Insurance Article – Bridge collapse could spur waves of coverage litigation
April 2, 2024
In a recent Business Insurance article, Philadelphia-based Partner Michael Savett shared insights into the aftermath of the Francis Scott Key Bridge collapse in Baltimore. As the reconstruction unfolds, he highlighted the anticipated surge in subrogation claims as insurers seek to recover costs from liable parties. With complexities surrounding liability limitation acts and the magnitude of losses, Michael emphasized the forthcoming challenges for insurers and businesses.
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