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- Sunday, January 29, 4:08 AM Six passengers have sued Carnival (CCL) in Florida over the sinking of the Costa Concordia two weeks ago, adding to a $100M complaint in Chicago from a crew member. Marc Bern, the lawyer for the passengers, said he expects to eventually sue on behalf of 1,000 of them. Moody's reckons the insurance costs may reach $1B. (previous)
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HUGE difference for recovery/replacement payment purposes, as in salvageable versus total loss.