Wimbledon to Collect $141 Million From Infectious Disease Insurance Policy Clause

As events around the world are postponed or canceled due to the Coronavirus pandemic, organizers have experienced multimillion-dollar losses. A few, like Wimbledon, had infectious disease clauses in their insurance policies. Days after the Committee of Management of The Championships announced the cancellation of the 2020 tournament, reports surfaced that Wimbledon would collect around $141 million from its insurance policy. Some insurance companies expect more sports and music even organizers will seek to add this coverage to their policies. https://www.propertycasualty360.com/2020/04/10/wimbledons-pandemic-insurance-coverage-results-in-141m-payout/