There may be a few possibilities as to why ReedPop hasn’t cancelled SWC in contrast to SDCC which already cancelled their 2020 con. One possibility is that SWC/ReedPop didn’t buy enough insurance to cover a complete cancellation while SDCC did. Thus ReedPop may be holding out for any glimmer of hope. This might seem silly, but most businesses didn’t pay for event insurance that covers SARS/covid breakouts. In addition, in some instances some businesses did pay for covid insurance, and the insurance companies have denied their claims. Either way it’s a time consuming and uphill battle to collect and insurance payments.
A second possibility is that SWC/ReedPop’s insurance policy does cover a cancellation based on this pandemic, but certain markers need to be hit before there’s a payout. E.g., the state has to officially declare that no large gatherings of a certain number of people can occur, etc. if this is the case, then ReedPop would announce cancellation closer to the planned dates.
Another possibility is that the management at ReedPop is delusional. The risk of significant lawsuits arising from infected attendants far outweighs the profit from holding SWC in August.