Whether it's insuring a 30-foot-tall lobster sculpture tourist attraction, a cattle stampede for a truck commercial, or former home run king Mark McGwire's bum ankle, the insurance industry has written specialty policies to cover many risks that fall well outside of the proverbial box.

Professionals from around the industry shared some of their latest war stories with National Underwriter, discussing scenarios involving strange exposures, eye-catching but potentially dangerous ad campaigns, and interesting strategies to resolve possibly explosive coverage issues.

For starters, take the case of “Betsy”–a 40-foot-long sculpture of a spiny lobster in the Florida Keys created in the 1980s by an artist in the area named Richard Blaze.

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