event cancellation News

Coronvirus Led to Cancellation of Telecoms Meeting, but Insurance Cover Is Excluded

Companies that have spent money on a major telecoms conference in Barcelona that has been canceled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organizers’ standard insurance, they said on Thursday. The GSMA telecoms body …

Hundreds Run in New Jersey Charity Race Marred Last Year by Bombing

Hundreds of runners came out Saturday for a Marine Corps charity race on the New Jersey shore, a race run without incident one year after a pipe bomb detonated at the event site and forced its cancellation. Security was beefed …

Dale Underwriting Offers Contingency & Sports Personal Accident Cover; Syndicate Support Extended

Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced the creation of a new contingency and sports personal accident business. The team will be led by Martin Lawson, who will be joined by Richard Appleton. Both are …

Explosion Critically Injures 1 at Delaware Pumpkin Flinging Contest

Delaware State Police say one person has been critically injured after an apparatus used to launch pumpkins into the air exploded. The incident occurred Sunday at the Punkin Chunkin Contest in Bridgeville. The town is about 40 miles south of …

Hurricane Matthew Forces Cruise to be Cut Short, Other Postponements

The threat of Hurricane Matthew has forced a cruise ship to reroute its trip and a sold-out island festival to be rescheduled in the Mid-Atlantic region. The Chincoteague Chamber of Commerce said in a news release Tuesday that Saturday’s Chincoteague …

Beazley Expands Event Cancellation Coverage for Political Violence, Terrorism Incidents

Beazley, a provider of event cancellation insurance, has expanded its terrorism and political violence event cancellation insurance for the sports, entertainment and leisure industries in the U.S. to include riots, civil commotion, strikes, the threat of a terrorist act and …

Beazley Launches Combined Event Cancellation Coverage

Beazley has introduced Cancellation Plus, an endorsement that combines event cancellation coverage with protection for reduced ticket sales and concessions in the event of poor weather depressing event revenues. Beazley provides cancellation coverage for thousands of events annually, including many …

Low Water Levels at Tennessee’s Boone Lake Concern Nearby Business Owners

Business owners around Boone Lake worry they might be left high and dry this summer with the Tennessee Valley Authority’s sustained drawdown of the lake. The Johnson City Press reported that TVA has announced that water levels will remain low …

Utah Now Scene of Legal Battle Involving Rolling Stones

Insurance underwriters involved in a legal battle with the Rolling Stones over a $12.7 million claim have won permission to seek evidence in Utah about the mental health of Mick Jagger’s girlfriend before she took her life in March. A …

Report: NYRR Received $15M for Cancelled NYC Marathon in 2012

The New York Road Runners (NYRR), a nonprofit group that organizes the annual New York City Marathon, received $15 million in insurance proceeds from Lloyd’s of London for the cancelled New York City marathon in 2012, according to a report …