Entertainment industry receives coverage from new insurance products at Liberty Company Insurance Brokers

Liberty Company Insurance Brokers, Inc. has announced that it will be expanding its product line – which has been serving businesses and residents in California for almost a quarter of a century – to provide coverage for the entertainment industry. It will be providing services to this new market through the creation of Liberty Entertainment Insurance Services, LLC. This way, the agency will be providing both businesses and individuals in the entertainment industry with forms of coverage that are designed specifically for their unique needs. The new president of this…

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From Breasts to legs, celebrities are taking out insurance coverage on their bodies

Holly Madison

Reality star Holly Madison has purchased a $1 million insurance policy with Lloyd’s of London to provide coverage on her breasts. The 31year-old Madison stated that she took out this protection in order to provide greater security to herself and the other Peepshow participants. She explained that she’d discovered that other celebrities have been taking out insurance on their body parts, and she decided “why not?, because if anything happened to my boobs, I’d be out for a few months and I’d probably be out a million dollars.” The Las…

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Michael Jackson concert insurers ask judge to void policy

 The insurers of the intended comeback “This Is It” tour concerts by Michael Jackson have asked an L.A. judge to invalidate concert promoters’ policy for non-appearance.   They claim that they should not have to honor the policy as they had not been advised that the now deceased pop star was taking drugs at the time, “including, but not limited to, his apparent prescription drug use and/or drug addiction,” as well as the anesthetic, propofol, which has been blamed for Jackson’s death.  Lloyd’s of London underwriters have also sued Jackson’s company…

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