[ QUOTE ]
If this is true, it could be an interesting scenario if the insurance company went out of business or sold. There is a very real possibility that no insurance company makes claim to the vehicles.
[/ QUOTE ]
No such animal. If an insurance company closes it's doors, all the claims, policies, assets and liabilities get sold to/assigned to a sucessor company. That is part of insurance law/regulations. That is why the treasure hunters have such a headache. Remember the Atocha?
http://www.newworldtreasures.com/atochastory.htm
http://www.melfisher.com/
I think it was 20 years for all the claims to be settled between the insurance companies, countries and the IRS being involved.