U.S. Doubles Insurance Guarantee for Ships Braving Hormuz
- Posted on April 3, 2026
- By The Wall Street Journal
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U.S. Doubles Insurance Guarantee for Ships Braving Hormuz
The U.S. will insure losses up to $40 billion for tankers brave enough to transit the Strait of Hormuz—double its original guarantee announced a month ago.
Berkshire Hathaway and Liberty Mutual are among six new insurers with which the federal government is partnering to provide maritime reinsuranc
