Friday, February 22, 2008

MLB Gets Rain Out Insurance

Major League Baseball has teamed up with Storm Exchange, Inc. for a pretty good insurance plan to protect teams financially against rain outs, snow outs and other weather-related risks. The newly-announced Weather Hedging Program for Major League Baseball provides teams with a way to offset the financial impact of rain and unseasonably cold temperatures. Read more about the plan at centredaily.com.

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