loss of value insurance News

College Player Files $3M Claim with Lloyd’s for Drop in NFL Draft

For the first time ever, a former college football star will cash in on an insurance policy that protected him from a free-fall in the NFL draft. CBS Sports’ Dennis Dodd reports that Ifo Ekpre-Olomu will collect a $3 million …

NCAA Considers Cap on Schools’ Share of Athletes’ Insurance Cost

College sports’ governing body will consider limiting how much schools can contribute toward athletes’ insurance policies, according to its president. National Collegiate Athletic Association schools pay for loss-of-value insurance policies for some of their athletes through the Student Assistance Fund. …