General World News

Exclusive: Travel insurer says sales soar on Zika fears

A LAN Airlines plane lands at Santiago International Airport, Chile, January 27, 2016.  REUTERS/Ivan Alvarado

By Jeffrey Dastin

NEW YORK (Reuters) – Travel insurance sales for trips to Latin America have surged as vacationers consider scrapping their plans to avoid the rapidly spreading Zika virus, one of the top U.S. providers, RoamRight, told Reuters on Monday.

The Maryland-based company, part of insurer Arch Capital Group Ltd , said revenue jumped 81 percent in January from a year ago for its “Cancel For Any Reason” policy covering trips to Zika-impacted areas in the Americas.

The rise provides an early insight into how traveler patterns are changing because of the mosquito-borne virus, even as airlines and hotel chains say it read more >>>

Source : BusinessInsider.Com