Posted AT 9:54 PM EST on 19/04/06
Flu insurance
A fledgling Canadian insurer has created what it believes is the world's first policy aimed at protecting small businesses from the economic ravages of avian flu: the “outbreak contingency cover.”
The clandestine-sounding product is the brainchild of
Mint Canadian Specialty Underwriters, a tiny subsidiary of Richmond, Va.-based
Markel Corp. that opened its first office here last year.
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