Live Insurance News

Workers compensation omission leads to massive fine for Jim Carrey

June 4, 2013June 3, 2013 Julie Campbell

Jim Carrey - workers compensation insurance

The actor failed to obtain the insurance for the employees of his art studio and faces a $72,000 fine. Actor and comedian, Jim Carrey, has been fined $72,000 for his failure to obtain workers compensation insurance coverage for the employees who work at his art studio in New York. As the founder of the Church of FFC studio, Carrey is being sued by the New York state WCB. According to reports, the 51 year old celebrity founded the art studio in 2011 and is now the recipient of a lawsuit…

Life insurance had been sought by AEG to cover Michael Jackson

May 23, 2013May 25, 2013 Julie Campbell

Executives from the company had been attempting to purchase a policy only days before the singer died. Testimony and emails that were presented in court, this week, revealed that within a span of only days before the death of Michael Jackson, executives from AEG had still been working to try to obtain a life insurance policy to cover the celebrity who seemed increasingly erratic at his comeback tour rehearsals. The company became concerned that Jackson’s behaviors could cause him to get hurt. One of the emails shown to the court…

Insurance fraud charges faced by Big Brother Africa celebrity

May 21, 2013May 25, 2013 Julie Campbell

Wendall Parson from Zimbabwe was one of the show’s winners and has now been arrested. One of the two winners of Big Brother Africa Amplified, in 2011, Wendall Parson from Zimbabwe, has just been arrested by police on allegations of auto insurance fraud. The celebrity is said to have been involved in a fraudulent policy scam worth $25,000. Police arrested Parson on the insurance fraud allegations on Friday, according to Superintendent Andrew Phiri, a police spokesperson who made the announcement of the arrest on Sunday. The accusation against Parson is…

Healthcare reforms will ensure rehab services of celebrity quality

May 2, 2013April 30, 2013 H. Cutner

The new federal coverage laws will ensure that citizens will have the same services Cory Monteith is using. The importance of rehab services has been in the spotlight this week as Cory Monteith, of Glee fame, completed his own stint to recover from drug abuse, and at the same time, it has brought the healthcare reforms and their addiction coverage into the spotlight. The changes to the law, which will go into effect next year, will make sure these services are available to everyone. The lead actor may be an…

Life insurance policy on Jessica Simpson to be split between divorcing parents

April 29, 2013April 27, 2013 Julie Campbell

The massive policy first made headlines when it was discovered that it was taken out in secret. Jessica Simpson’s father, Joe Simpson, first made life insurance headlines when it was discovered that he had taken out a major life insurance policy on his daughter. Now, that coverage will be split in the divorce between Joe and Tina Simpson. If he had intended to be able to keep the life insurance to himself, he lost that opportunity as assets are being divided in his divorce proceedings. Now that the couple has…