The cancellation of the first day of music mogul Pharrell Williams’s inaugural Something In the Water Music Festival (SITW) in Virginia Beach, Virginia due to stormy weather is a recent reminder of the importance of securing event cancellation and business interruption insurance to mitigate the significant economic risks posed by outdoor events.
SITW, Williams’ tribute to his home state of Virginia, brought a convergence of musicians, personalities, scholars, students, artists, activists, and athletes together for a multi-day festival experience on Virginia Beach. SITW featured music performances from Williams and Friends, including Virginia natives Missy Elliot, Pusha T, D.R.A.M., and Dave Matthews Band. Williams surprised festivalgoers with a number of guest appearances including Jay-Z, Snoop Dogg, and P. Diddy.
Reprinted courtesy of Sergio F. Oehninger, Hunton Andrews Kurth and Latosha M. Ellis, Hunton Andrews Kurth
Mr. Oehninger may be contacted at soehninger@HuntonAK.com
Ms. Ellis may be contacted at lellis@HuntonAK.com