> If insurance company is forced to repay the whole cost of the rebuild, estimated it will cost lets say $600M. Tax payer is happy they're not paying via Federa

> If insurance company is forced to repay the whole cost of the rebuild, estimated it will cost lets say $600M. Tax payer is happy they're not paying via Federal taxes. But, shipping and logistics insurance companies start to ramp up their premiums and those fees are passed on to, eventually, the consumer over the long term, this could end up costing the tax payer more ? Isn't this the point of insurance and specifically underwriters - that they aggregate the possible outcomes over a huge set of assets, with the expectation that sometimes they will have to pay out if an accident or whatever happens? There should be no increase in anyone's premium. Though, from a marketing perspective, given the level of publicity that this event has gotten, perhaps people are primed for a raise - and this is a good time to do it! Honestly, "insurance" sounds like an ideal area for a headless company. Its really only providing an aggregation of certain risks, so no individual company person is wiped out. The more assets it manages, the less risk they have, and the more the price of the insurance should drop.