The article makes the claim that due to the fact that Fyre failed so spectacularly that Festival insurance's rates would rise such that Festival organizations w

The article makes the claim that due to the fact that Fyre failed so spectacularly that Festival insurance's rates would rise such that Festival organizations wouldn't be able to throw the Festival. I think that insurers will be more conservative on out there Festivals for the first time and do more due dilligence. Also, they will inccrease fees to the other Festivals and that may limit Festivals or they might insitute new rules and Festivals may be forced to figure out how to decrease their risks.