Insurance news about Olympic hockey shows costs are thinning the ice

September 2, 2013August 31, 2013 Julie Campbell

insurance policy news olympic hockey NHL

In order to ensure that the Sochi Olympics hockey tournament can proceed, the IOC is paying $8 million in coverage. The International Olympics Committee is making insurance news at the moment as it faces a bill of an estimated $8 million in order to pay for adequate coverage in order to ensure that the hokey tournament can continue in Sochi, Russia, next year. This announcement was made following what was called the world’s most expensive ball hockey game, in Calgary, Canada. When the Canadian Olympic hockey team gathered in Calgary…

Insurance news doesn’t look good for Canadian Olympic hockey team

August 26, 2013August 24, 2013 Julie Campbell

insurance news Team Canada hockey Olympics

Team Canada has been kept off the orientation camp ice due to the prohibitive cost of insuring its players. Steve Yzerman, the executive director of the national men’s hockey team for Canada that is headed to the Sochi Olympics, has announced the insurance news that the coverage for the players was too costly for them to be able to take part in their orientation camp. Though he said that he’d like to have had the players practice, the costs were too high to make that happen. The four day orientation…

Insurance news for Canadian Olympic hockey could cause struggles

July 24, 2013July 22, 2013 Julie Campbell

Coverage issues have added doubt to the ability of players from Canada to head to Sochi. Hockey Canada has been dealing with a number of different issues in finalizing its plans to be able to send hockey players to the Olympic orientation camp in August 2013, but bad insurance news is continuing to stand in the way. If the current situation doesn’t turn around, it may mean that the players won’t be able to skate after all. The CEO of Hockey Canada, Bob Nicholson, has said that no decision has…