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L.A. asks 2028 Olympics organizers to take out cancellation insurance
Original: L.A. asks 2028 Olympics organizers to buy insurance in case disaster cancels the Games
Los Angeles city officials have asked organizers of the 2028 Summer Olympics to purchase insurance that would cover the Games in case a disaster forces their cancellation. The request reflects concern that wildfires, earthquakes or other catastrophes could disrupt the event, and raises questions about who would bear the financial risk if the Olympics cannot go ahead as planned.
Why now: Concerns about disaster risk in Los Angeles, recently highlighted by wildfires, have put attention on financial protections for the 2028 Games.
Los Angeles2028 Summer OlympicsLA28 organizers
Evidence
- L.A. asks 2028 Olympics organizers to buy insurance in case disaster cancels the Games · Los Angeles Times
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