Insurance and Fraud
Matthew explains the difficulties of proving fraud in shipping and the high legal bar required to do so. Insurers have decided to not even try due to the challenge of winning a scuttling case. Instead, they may settle for a lower value to avoid a lawsuit.In this clip
From this podcast

The Jordan Harbinger Show
739: Matthew Campbell | Examining Global Shipping’s Grim Underbelly
Related Questions
Why is insurance important in shipping, as discussed in the episode 739: Matthew Campbell | Examining Global Shipping’s Grim Underbelly and the clip Scuttling and Insurance Fraud?
Why is insurance important in shipping, as discussed in the episode 739: Matthew Campbell | Examining Global Shipping’s Grim Underbelly and the clip Shipping Fraud?