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Event insurance is pricier but still softens hurricane’s blow

Premiums for cancellation insurance have doubled or tripled since the start of the pandemic—even more in high-risk zones, expert says


Sept. 27, 2021
By Kathryn Walson

Ahead of the Insurance Accounting and Systems Association’s annual event, CEO Kerry Crockett’s main focus was hosting a COVID-safe gathering during a pandemic. But by the time Crockett had arrived in New Orleans three days before the meeting was scheduled to start Aug. 29 in the city’s convention center, a new threat had appeared on her radar: A tropical storm was brewing.