Post #1684103
2026-04-12 17:54 UTC
Hopefully they can also explain why maritime insurance companies won't cover ships being escorted and won't cover ships going through freely, but they will cover ships being blockaded by two navies for two contradictory goals. And if they fulfill either goal of either navy blockading them, one side will blow them up and the other is the Pirate Empire. To me that seems more risky for the insurance companies underwriting global trade.
Replies (1)
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@KobaCumTribute@hexbear.net 2026-04-12 19:40
Fuck, that's reminding me of how a blockade was held as only being "legal" if it was effective and consistently enforced, for the purposes of things like insurance payouts or lawsuits over seized vessels. I thought that was an outdated legal principle, but now I'm wondering if its not and this is some galaxy brain "look it's fucking blockaded for real now, do your payouts now because now this is a blockade, which is covered and legal" grift.