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April 2003
Winery Insurance
Rising Insurance Premiums Add Another Challenge to a Struggling Wine Industry
by Scott Ferguson
California wineries are bobbing in the rough seas of oversupply and downward pricing, and now another economic front has taken form. Called the "Perfect Storm" within the insurance industry, this fiscal front has resulted in skyrocketing insurance premiums, making it tough sailing for many California businesses; and wineries are no exception. Already overburdened by a high cost of doing business in California's heavily regulated business climate, small and medium-sized wineries are finding it di...
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