Why the music industry is buying more insurance than ever before...

The Guardian in the UK has this excellent article on the role of insurance in facilitating the most important revenue stream in modern music - touring. As touring has become more important, so has insurance. Unlike online, touring happens in the real world - weather, illness, travel delays, equipment failures, and even security threats abound and can halt gigs. 

Do read the article at this link. Hat tip to Jeremy Bernstein of Crombie Lockwood.