THE INSURERS OF THE BOUNTY NOW SAY THE SHIP WAS INEXCUSIBLY UNSEAWORTHY AND NOW WANT THEIR $5 MILLION SETTLEMENT BACK
The ship from 1962 Oscar winner "Mutiny on the Bounty" sank during Hurricane Sandy because it was unseaworthy, an insurance company that paid out $5.1 million says in Federal Court.
Acadia Insurance Co. describes the HMS Bounty as a 52-year-old enlarged replica of the 1787 Royal Navy sailing vessel of the same name.
The three-masted wooden ship sank off the coast of North Carolina during Hurricane Sandy on Oct. 29, 2012, while headed to St. Petersburg, Fla., according to the complaint. Two crew members died and others were injured, Acadia says. Alleging bad faith and breach of warranty in a federal complaint filed Thursday, Acadia says the ship's owner, HMS Bounty Organization, lied about the vessel's seaworthiness, thus nullifying its insurance policy." READ THE FULL STORY AT : COURTHOUSE NEWS SERVICE
The events in Capt. Bligh's own words