Equine insurance market growing in coverages, complexity

HORSE ENTHUSIAST: Kaitlyn Naughton, an equine insurance specialist at Naughton Insurance in East Providence, visits her horse, Baron, at Stony Creek Farm in Swansea. She said most equine insurance policyholders are middle-class people who are horse enthusiasts and recreational riders.
 / PBN PHOTO/
KATE WHITNEY LUCEY
HORSE ENTHUSIAST: Kaitlyn Naughton, an equine insurance specialist at Naughton Insurance in East Providence, visits her horse, Baron, at Stony Creek Farm in Swansea. She said most equine insurance policyholders are middle-class people who are horse enthusiasts and recreational riders.
 / PBN PHOTO/
KATE WHITNEY LUCEY
About the only time most people hear about equine insurance, or insurance for horses, is when something strange ­happens. Such was the case recently when Randall Levesque, a Middletown insurance agent specializing in equine insurance, was sentenced to three years in federal prison after admitting to defrauding customers, insurance companies and financial companies out of…

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