With a veg cansellation insurance, every insurance comp throws on a communicable disease exclusion. Before coved, it was rare. After 9 11, insurance companies added terrorism exclusions cause they didn't want to face those big losses again. The same thing for the pandemic. They want to make sure they're not in a position where they're facing billions, trillions of dollars of losses again.
Two stories on how businesses are using insurance to navigate new kinds of risks. First, how music venues are handling pandemic-related risks. And how Russia's invasion of Ukraine is affecting cyber insurance. | Subscribe to our weekly newsletter
here.
Learn more about sponsor message choices:
podcastchoices.com/adchoicesNPR Privacy Policy