House insurance, car insurance — now there’s panda insurance too.
Last month Zoo Atlanta took out a policy on their quartet of fuzzy bears: mom and pop pandas Lun Lun and Yang Yang and their twins, Mei Huan and Mei Lun.
The policy, with San Francisco insurer Edgewood Partners Insurance Center (EPIC), protects against theft and loss in Atlanta and during transit between the U.S. and China.
EPIC senior vice president Dan Houston, who helped write the policy, lives in Atlanta and raises horses with his wife in Canton.
Asset management company the Carlyle Group owns a majority share of EPIC, and also seems to have a thing for pandas. In 2011 Carlyle co-founder David Rubenstein donated $4.5 million to the National Zoo in Washington for panda fertility research.