Maritime Cargo Shipping Co$.($MCSC$)$ is a leading international shipping company transporting goods globally. They have a long$-$standing insurance policy with Elite Maritime Insurance $($EMI$),$ a reputable insurer specializing in maritime coverage. Over the years, MCSC has experienced a series of cargo losses that have raised concerns about morale and morale hazards within the company.

MCSC has faced repeated incidents involving its ships in accidents or cargo losses, often attributed to lax safety measures and inadequate maintenance. These incidents, although costly$,$ have not significantly affected MCSC$\text{'}$s bottom line due to their reliance on EMI's insurance coverage. MCSC$\text{'}$s management and crew have become complacent, knowing that EMI will bear the financial burden.

The repeated claims have strained the relationship between MCSC and EMI. EMI is concerned about insufficient safety improvements and stricter operational standards within MCSC$.$ This has led to demoralization among underwriters and risk assessors at EMI, who feel that their expertise and risk assessment efforts should be more valued.