Business insurance claim regarding Michael Jackson’s cancelled concerts dropped

Micheal Jackson Business insurance claim over cancelled concert

The concert promoter has dropped the claim over the unfinished comeback performances. Following the death of Michael Jackson in June 2009, AEG Live, the King of Pop’s concert promoter filed a $17.5 million business insurance claim due to the cancelled performances on the comeback tour, but this filing has now been dropped. The claim had been made against Lloyds of London for the losses it faced that year. The insurer had been refusing to pay the claim because it stated that AEG had been making false claims about the health…

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