GRNDGD friend @RafiKam pointed to an image highlighting exclusionary language in what appears to be a Special Event Insurance Policy for a festival taking place in Portland this September. Did some snooping and turns out this is common but also easily removed by paying an additional premium and/or some additional evaluation by an Insurance carrier. As explained by the Insurance Journal:
Exclusion – Events with Live Performances of Rap/Hip Hop.
This exposure is excluded by most special-event policies but can be mitigated differently by a variety of forms. Certainly coverage is available for these types of performances, but only with additional underwriting and usually at higher premium costs. A history related to battery and weapon assaults has given this entire genre a bad reputation. Promoters now pay a premium to find coverage in a limited marketplace. Underwriting requirements have been heightened as well, such as requiring metal detectors and pat-downs before entering the concert venue.
I would love to be able to see the stats that actuaries used to develop their risk models for hip-hop shows. And would also find it incredibly interesting to hear what Redlining experts think about the practice. As an aside, and I don’t consider myself a serious show goer by any means (@ming_tzu where u at?), but, in the decade or so’s worth of events I’ve attended I’ve only ever seen a handful of men get beat down, heard one, possibly two, gun-pops and been present for, although not close to, one OD death. Ayooo, is that why they didn’t serve alcohol at Rock The Bells NY? Insurance premiums?! Hope not.
