General

Insuring Usanity

How good is Usain Bolt? Or more to the point, how good do people think he might be? The organizers of the track meet in Toronto last night could not get anyone to insure a $1million prize for anyone (incl Bolt) who broke his 9.69 record in the 100 meters. No one would insure it at any price. But get this:

“One insurer said if we wanted to give a [$1-million] prize for running the 100 in under 9.5 seconds, they might do that policy for $100,000, which is really a tribute to Bolt’s potential.”

Side note: This is a great story for the Globe and Mail, and a dynamite Page 1 anchor. Is this the new Globe? I like it already.

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