Drudge Retort: The Other Side of the News
Thursday, April 09, 2020

The All-England Lawn Tennis Club has been paying a reported $2 million a year for pandemic insurance the last 17 years, collecting $141 million from the policy after the cancellation of this year's Wimbledon, according to Darren Rovell. Royal and Ancient has similar coverage for the British Open in golf.



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At least they didn't have to set the nets on fire.

#1 | Posted by LesWit at 2020-04-09 05:46 PM | Reply

Too bad he's not the President here. Ours ripped up whatever "insurance' we had in the form of expertise and planning.

#2 | Posted by Corky at 2020-04-09 07:24 PM | Reply

I don't understand why the same information is always listed 3 times in these stories. What's the point?

#3 | Posted by TFDNihilist at 2020-04-09 08:51 PM | Reply

A tennis tournament was more prepared than the US government...

#4 | Posted by MrSilenceDogood at 2020-04-10 10:18 AM | Reply

Don't misunderstand this to think that Pandemic insurance is available to businesses on the whole.

Virtually every single policy we write that covers business interruption or extra expense ties that coverage back to a covered property loss, such as fire, wind, hail, even flood or earthquake in some cases.

And on top of that, virus related incidents are specifically excluded.

Nice job by that's not easy to sell $2 million in premiums for an event lasting such a short time.

I have clients who have crazy exposures 365 days a year and won't pay anything to insure it.

#5 | Posted by eberly at 2020-04-10 11:39 AM | Reply

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