Perspective
Mar. 10, 2011
When Good Vacations Go Bad
Whether a mishap is covered by travel insurance can be a tricky question to answer. By Deborah L. Stein of Simpson Thacher & Bartlett LLP.
The recent events in the Middle East have been headline news since late January and will no doubt find their way into the history books. While the long-term impact on the region remains to be seen, the tourism industry has already been significantly affected. For example, many U.S. travelers have canceled trips to Egypt, reportedly causing Egypt's tourism industry to lose $1 billion a month. As for the travelers who decided to change their...
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