Minor League Clubs Strike Out Again in COVID Insurance Appeal
Last Friday, a three-judge panel on the U.S. Court of Appeals for the Ninth Circuit affirmed the dismissal of a lawsuit brought by the Chattanooga Lookouts and 18 other…
insurance
Prime
Olympics Insurance Costs to Skyrocket After Tokyo Near-Miss
Insurers dodged a multi-billion-dollar loss on the Tokyo Olympics. But the hundreds of millions of dollars they still expect to lose, along with the fact that COVID-19…
NCAA v. Alston Ruling Refuels Athlete Insurance Market
While the practical consequences of the Supreme Court’s decision in NCAA v. Alston will likely remain unsettled for months, those involved in the business of insuring…
Outcast Athlete Insurer Addresses Industry Exit, Pans Critics
Chris Larcheveque says he is happy to no longer be selling disability insurance to athletes, describing the business as “dirty.” In a series of stories published last…
Lost LOV (Part 3): A Search for Honest Brokers in the Conflicted Biz of College Athlete Insurance
The massive contraction in the loss-of-value insurance market for college athletes has created a thriving economy for assigning blame. As Sportico has reported this…
Lost LOV (Part 2): An Insurer Takes Flak Over the College Athlete Coverage Bubble
On Dec. 31, Exceptional Risk Advisers, a New Jersey-based wholesale insurance broker, announced it had acquired the assets of a former competitor, International…
Best Of 2021
Lost LOV: A Once-Bustling Market for College-Athlete Insurance Falls on Hard Times
At a watershed moment for college athlete earning potential, the insurance industry is reducing access to a once-popular product designed to protect the future income of…
Sports Insurance Rates Poised to Jump in 2021 After Pandemic Losses
As teams and leagues manage the impact of lost ticket sales and reduced media payouts from COVID-19 as well as uncertainty in the year ahead, there’s another problem to…
MLB Sues for Billions as Pandemic Lawsuits Parse the Meaning of ‘Or’
Major League Baseball and its 30 franchises recently joined the list of sports organizations to sue their insurance companies over refusals to pay out policies for…
Atlanta Falcons Sue Insurers as City Loses Sports Revenue
In the latest sports industry example of a dispute over which business ought to absorb pandemic-related financial losses, the Atlanta Falcons and Atlanta United FC have…
Minor League Clubs Lose Insurance Case Claiming Government Cancelled Season
The coronavirus pandemic caused the cancellation of the 2020 minor league baseball season. But what role did the government play in “causing” the pandemic? This question…
Yankees’ Minor League Insurance Fight Sheds Light on Pandemic Claims
The cancellation of the 2020 Minor League Baseball season has sparked a legal battle over who should absorb the financial loss. A litigation in Pennsylvania illustrates…
More From Our Brands
Variety
‘This Is Us’: Milo Ventimiglia on Jack’s Tearjerking Breakdown and Approaching His ‘True End’ in Series Finale
Rolling Stone
Howard Stern, At War With Anti-Vax Set, Asks Meat Loaf’s Family to Advocate for Covid Vaccine
ArtNews
Artemisia Gentileschi Paintings from Banking Heir’s Collection Head to Auction
BGR
Is Tom Cruise in Doctor Strange 2?
Deadline