Kidnap and Ransom Insurance: Insuring Safety Abroad
By Shaun Crosner and Jeffrey L. Schulman
For most Americans, the notion of being kidnapped and held for ransom is nothing more than the plot to a good action movie. For certain wealthy and high-profile individuals living and traveling abroad, however, kidnapping can be a very real threat—as evidenced by the recent kidnapping of Washington Nationals catcher Wilson Ramos.
On November 9, 2011, gunmen abducted Ramos from his home in his native Venezuela. Two days later, Venezuelan co