Article: Sports-entertainment ins. covers lost revenue. (business losses covered by personal accident insurance policy)

It was becoming difficult for Jeffrey A. Gerber to find exactly the kinds of coverage needed by his clients in the entertainment industry.

After searching around, Mr. Gerber, who is a life insurance agent, came across American Specialty Underwriters, a Stoneham, Mass.-based insurer that specializes in underwriting risks in the sports and entertainment industries.

American Specialty Underwriters had just designed its Contingent Personal Accident Insurance, intended to address the exposures felt by companies or businesses that lose a key person or performer, according to the insurer. Contingent Personal Accident Insurance is specifically designed to address the ...

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