US travel insurance to take off as year-end cancellations spook flyers
By Priyamvada C
(Reuters) – Demand for travel insurance in the United States is set to jump this year, as more Americans turn cautious after a spike in flight cancellations and lost luggage in the last two months upended holiday plans of tens of thousands across the country.
Cancellations jumped 73% to 210,503 flights in 2022 from a year earlier, as per flight tracking website FlightAware, largely due to adverse weather and network outage.
Led by Southwest Airlines, the nation’s carriers including American Airlines and Delta Airlines canceled hundreds of flights during the December-January period.
Reflecting the nervousness, sales of

