Bet you never asked yourself THAT question. (Hey, it's Friday, right?) Shining a light into the intricate workings of an insurance underwriter's mind, we find some answers from the professionals at Lloyd's, who explain that "[i]f we were asked to insure something as important to US culture as Groundhog Day, we would need to ask a number of questions. Insurance coverage would basically fall into two categories – the event being cancelled, or Punxsatawney Phil simply not showing up due to death, accident or illness…We would probably need him to undergo a thorough medical Exam to figure out if there is any chance that he wouldn't wake up at the right time, if at all."
Hmmm, wonder what the premium would be? (In case it isn't obvious, I am an insurance geek of the highest order.)