event cancellation News

Last Day of Austin Music Fest Canceled Due to Rain

Heavy rain showers and thunderstorms with some flash flooding have canceled the final day of the Austin City Limits Music Festival. Organizers posted on the festival’s website Sunday, Oct. 13, that a third of the ticket price will be refunded …

Beazley to Underwrite Contingency Business in U.S. in 2013

Beazley, an insurer of event cancellation and other forms of contingency business at Lloyd’s, will begin underwriting contingency business locally in the United States at the beginning of 2013. The focus will be servicing existing coverholder relationships and on developing …

U. Of Hawaii Turned Down Concert Insurance

University of Hawaii turned down concert insurance when $200,000 was paid for a Stevie Wonder concert that officials later learned wasn’t authorized by the artist or his representatives. Athletic Director Jim Donovan and Stan Sherriff Center manager Rich Sherriff have …

Insuring the Olympic Games: Major Risks, Much Secrecy, Heavy Coverage

One hundred days to go before the 2012 Olympic Games open in London. As that day moves closer, preparations, which have been going on for some time, speed up. Today’s ceremony in a rainy Kew Gardens, presided over by Committee …

Super (Insurance) Coverage for the Super Bowl

They say it’s a game, but it’s really a lot more than that. For football fans, the Super Bowl is every holiday rolled into one, especially when their teams have made the big game. The stuff that dreams are made …

Event Cancellation Coverage for UK Riots Rarely Applicable

“Most of the events cancelled were due to the police being need elsewhere,” said Simon Lyons, contingency underwriter at London-based Sportscover Europe Ltd. He explained that football (soccer) matches, unlike most concerts and other special events, normally require a contingent …

RISC, Inc. Launches Event Cancellation Program

RISC, Inc. has expanded its program offering to include an in-house event cancellation product. The program, Event Select, is available for a variety of event cancellation classes of business including conventions, trade shows, special events and concerts. The program, provided …

Amy Winehouse’s European Tour in Doubt; Insurance Coverage Too

The video is painful to watch, an artistic train wreck for all to see. The question is what Amy Winehouse is going to do next. The five-time Grammy Award winner, whose battles with alcohol and drug abuse have long overshadowed …

BUA Launches Non-Appearance Event Insurance

BUA, a provider of event cancellation insurance for trade shows and sporting events, has introduced NoShow non-appearance insurance. The NoShow program is designed for concerts and other events for which the non-appearance of person or group of people may cause …

R.V. Nuccio Launches Website Dedicated to Wedding Insurance

R.V. Nuccio and Associates has launched Wedsure.com – a new wedding insurance product website. Wedsure.com introduces new areas such as “What Could Go Wrong?” “Celebrity Choice,” and “Wedsure Buzz,” which includes links to extensive magazine and TV coverage from MSNBC, …