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Boston Olympic officials say bid comes with 'unprecedented' insurance

Faced with continuing pressure from opposition groups, the committee that hopes to bring the 2024 Summer Olympics to Boston has unveiled a risk-management plan it says will safeguard taxpayers from cost overruns.

The information released on Thursday included an insurance package that Boston 2024 officials say will provide "unprecedented" financial protection.

"I can say with certainty that Boston will have the most insured Games in Olympic history,” said Steve Pagliuca, the committee's chairman.

Not everyone seemed to agree.

"Boston 2024's proposed insurance has Olympic-sized gaps," a group called No Boston Olympics said, calling the release "a sales pitch is an attempt to distract from the significant risk associated with an Olympic bid.