If the recent chaotic controversy surrounding the Chubb Group dealings with farmers in the midwest over "rain insurance
" has spawned nothing else, it has resulted in focusing attention on an insurer's relationship with its managing agents.
Liverpool International organisers have taken out rain insurance
once again and if there is less than an hour's play on any given day spectators will be entitled to a refund.
Anyone with tickets will get a full refund, minus booking fees, under the rain insurance
According to The Age, the deal ends more than a year of tense negotiations, after Cricket Victoria resisted the temptation to ease its hefty rain insurance
bill playing one-day internationals beneath the roof at Docklands.
I make sure that the new tri-fold ad is laid out on the computer and follow-up on sponsorships, signage, rain insurance
and whatever else needs to be done."
Now in its eighth year, the Maui Film Festival is the rare cine-confab that must work rain insurance
into its budget.
Weather insurance was initially sold to the outdoor entertainment industry as rain insurance
for sporting events, musicals, county fairs, outdoor charity events and film screenings.
As an inland marine underwriter over 40 years ago, I underwrote rain insurance
policies on air races and sports car shows.
All tickets were covered by rain insurance
, so the spectators will get refunds because there was less than one hour's play.
They got the final they wanted with a guaranteed 30,000 sell-out crowd, as well as recouping pounds 120,000 in rain insurance
from yet another Centurion Park wash-out.
Put it this way, I expect the rain insurance
payments have gone up this year!"
Concessions apply to OAPs and children under 16, and all ticket prices include rain insurance
which guarantees a 100 per cent refund (minus any charges already paid) if there is less than one hour of play on the day.