The United States Government is suing a Bermuda-domiciled financial guaranty provider and others for unspecified damages following the spilling of an estimated 58,000 gallons of oil after the container ship Cosco Busan collided with the San Francisco-Oakland Bay Bridge during heavy fog on November 7, 2007.
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Bermuda Insurance Market Cosco Busan Fleet Management Ltd. Regal Stone Ltd. The Shipowners Insurance & Guaranty Company Ltd.