What Is a Sanctioned Race and Why Does It Matter? Insurance Coverage Implications of Sanctioning Sports

By Vered Yakovee, ESQ*   Insurance policies issued to sports associations and other governing bodies contain exclusions, some of which are surprising to find in a policy written for an athletic entity. For example, the organizers of the boxing tournament known as the “Toughman Contest” recently found themselves without coverage for third-party claims because of an exclusion in their general liability insurance policy for “Athletic or Sports Participants.” National Fire & Marine In