PREVENTING CRUISE SHIP DISASTERS: “For the past three decades cruising has been the fastest-growing segment of the travel industry. Eleven new ships were christened last year, and almost 21 million people went on a cruise. Statistically, cruising is relatively safe, but recent failures in seamanship, emergency response, and engineering should sound an alarm. Introduce bad weather or remote surroundings into the equation and an incident like the Costa Concordia shipwreck, which made international headlines two years ago, could result in hundreds of deaths.”

My sense is that they’re a bit complacent. One would expect insurers to police things, but they get complacent too.