Professional Liability Matters

A feud is developing between flower enthusiasts and the Philadelphia media arising from an “overly hyped” weather report. The possible remedy may be in the form of a lesser known insurance product. The Philadelphia Flower Show usually generates about $1 million in profits from its annual exhibit. But not this year. Reportedly, the show drew substantially fewer attendees than expected this year and organizers of the event are blaming a “botched” weather report. Now the event’s president is accusing Philadelphia media outlets of “hyping up” a major snowstorm during the week of the flower show that never materialized but led to scores of cancelled visitors. In turn, this led to about $1 million in losses. Is there insurance for this? You bet.