For the NFL and all of football, a new threat: an evaporating insurance market play
Jan 17, 2019 Steve Fainaru Mark Fainaru-Wada
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“Basically, the world has left the marketplace,” Alex Fairly, CEO of the Fairly Group, an Amarillo, Texas-based risk management firm whose clients include the NFL and Major League Baseball, told Outside the Lines. “If you’re football, hockey or soccer, the insurance business doesn’t want you.”
During the November convention of the Casualty Actuarial Society in Las Vegas, William Primps, an insurance lawyer and former Yale running back, told hundreds of actuaries, “Overall, I think that there is a real threat to the viability of contact sports.”
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I know, personally, that some are not going to let their children play football. I think that is the “death blow”. Here’s another factor in its eventual demise?
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