Q: I know insurance covers people and property, but what do you mean by special event coverage?

A: This is what is known as Specialty Insurance. TW covers seasonal businesses like food booths at county fairs or arts festivals under the specialty insurance program. It may cover your sportsman’s club where you gather with fellow members during hunting season. It also covers special occasions like wedding receptions for damages and liability.

Did You Know?

$45 billion dollars were paid by insurance companies for natural catastrophes and man-made disaster claims around the world in 2013, says Swiss Re, a global reinsurance company.  Global insured losses for 2013 represent a big drop from 2012 when there were $81 billion in paid claims.