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

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…

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Insurance news from the NHL shows it is too expensive for Crosby to play

Insurance News - Sidney Crosby

Sid the Kid may find his premiums prohibitive if he wants to hit the ice during the lockout. Captain of the Pittsburgh Penguins, Sidney Crosby is making insurance news after having discovered that if he wants to play elsewhere while the NHL remains locked out, he will be facing some steep premiums. There are a number of factors that have caused the price of the player’s coverage to spike. Specifically, the young hockey player’s tremendous salary, in combination with his history of experiencing injuries to his head, are what is…

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Insurance news from the NHLPA shows strict efforts to restore coverage

NHLPA insurance news

The policies may have been cancelled, but the Players’ Association is working to bring it back. This week, the NHL Players’ Association made insurance news by informing its members that it would be paying for the restoration costs of all of the coverage that the league has cut off from the players and their families following the week before last. Players’ Association members, including Sidney Crosby, were cut off by the league on Monday. A memo from the NHLPA explained that “NHL has instructed the insurers to cancel all insurance…

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