Source: abcnews.go.com | Re-Post Duerson Fund 2/18/2019 –
From the NFL to rec leagues, football is facing a stark, new threat: an evaporating insurance market that is fundamentally altering the economics of the sport, squeezing and even killing off programs faced with higher costs and a scarcity of available coverage, an Outside the Lines investigation has found.
The NFL no longer has general liability insurance covering head trauma, according to multiple sources; just one carrier is willing to provide workers’ compensation coverage for NFL teams. Before concussion litigation roiled the NFL beginning in 2011, at least a dozen carriers occupied the insurance market for pro football, according to industry experts.
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“People say football will never go away, but if we can’t get insurance, it will,” Jon Butler, Pop Warner’s executive director, lamented to colleagues after discovering that just one carrier was willing to cover the organization for head trauma, according to a person who was present.