War In Ukraine Could Spur Billions In Insurance Claims
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Whether it's a fender-bender that busted your tail lights or a house flood that ruined your basement's fancy new leather sectional, filing an insurance claim can be a nauseating but necessary next step.
But in war-torn Ukraine – with shelled buildings, battered streets, broken homes – the insurance industry, especially firms exposed to aviation, is bracing for drawn-out legal disputes and costs that could soar into the billions.
Source Fool.com