No Insurance with FEDEX as of 11/01


Just a heads up if it’s not known already, as of November 1st 2021 FedEx does not offer insurance on shipments. I was sending out a piece of gear today and was told that I would have to obtain 3rd party insurance if I wanted my shipment covered for lost/damage. 
Does anyone have recommendations on who to insure gear with?? 
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Fedex has gone way down in my estimation lately.  I recently bought a Focal Utopia headphone (used, but still ridiculously expensive).  THAT was the package they decided to lose for me.  Signed-for by somebody who was not me, and delivered to my address...they claimed.  At least they managed to retrieve it the next day and get it to me.  But it almost gave me a stroke, I was so pissed-off.
USPS insurance is a joke.  If you submit a claim, they basically require you to submit the item to them for review.  Then they wait weeks and weeks and weeks until you lose patience and just demand your damaged item back.  Others - let me know if you have experienced differently from USPS.
oldhvymec insurance company. Alternate insurance.

You give me money and your stuff might not break, if you DON'T give me money it WILL break.

What a deal..

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For my shipment the buyer took pictures of the damaged item on arrival showing all the manufacturer's internal packaging in several pieces and the damage done to the item. He shipped it back to me and I refunded him in full. Fortunately I had pictures of my own prior to shipment. I surmised that my package had not been secured properly in transit and had probably hit the internal bulkhead of the van when the driver experimented with his emergency br(e)aking procedure. Courier firms have a duty of care, so threatening court action usually does the trick - it did in my case !!
@rdk777

To answer the Bloomberg question:

Because UPS is owned by the managers who run the company, bonuses
are in Class A UPS shares.  Shares traded are Class B.  Price is the same, but there is a 10 to 1 difference in voting rights.

Regards,
barts