Insurance Briefs: New Weather Insurance Company in MN
Earlier this month when we talked about the bizzare things people insure, we neglected to mention weather insurance, but there really are companies who offer such a product. It works much like wedding insurance, making sure that you get reimbursed for deposits and such if weather forces you to cancel any kind of event.
A company offering weather insurance products recently opened in Lakeville, MN.
The insurer in question, Milltown Insurance Group, specializes in “…niche property and casualty program business and provides solutions for smoothing revenues, locking in profits and increasing sales through the use of weather insurance products for virtually any type of business, event or promotion.”
The company was opened by Dana D’Arrigo
Milltown says their weather products are extremely customizable as well as being affordable additions to existing insurance and/or marketing programs.