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The Zika virus is a boon for travel insurers

from FORTUNE

One saw sales jump more than 80 percent in January. 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. The Maryland-based company, part of insurer Arch Capital Group, 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. more


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