MPs warn of insurance gaps at music festivals

Law360, London (July 1, 2021, 2:54 p.m. BST) – The government will step in to insure music festivals and other live events in some form if lockdown restrictions are lifted if it discovers evidence of a “market failure”. in the sector, said a minister on Thursday.

Culture Secretary Oliver Dowden said a decision will not be made until the restrictions on public gatherings, which are currently due to be announced on July 19, are lifted.

Many promoters struggled to get comprehensive insurance for music festival event cancellations this summer after insurers introduced extensive COVID-19 exclusions into their coverage. Musicians, trade associations and lawmakers have urged the government to …

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