The film’s producers are in a coverage fight with their insurer, Chubb, over pandemic postponements. Hollywood producers have launched a battle with insurer Chubb over a Ben Affleck movie insurance policy’s coverage of pandemic delays. The producers sued the insurer last week over its refusal to extend the policy’s coverage for the delay. The Ben Affleck movie insurance policy is set to expire in October, but the film’s production has been delayed due to the COVID-19 pandemic. As a result, the producers sough to extend their insurance coverage for the…
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Batman movie insurance may not extend to Ben Affleck
The actor’s brief stint as the Dark Knight may be cut short due to a lack of adequate coverage. Ben Affleck may not be able to continue in his role as the Caped Crusader because of the Batman movie insurance costs it would take to cover him. A recent report indicated the premiums of covering him post-rehab would be prohibitive. Affleck checked back into rehab earlier this week with the encouragement of his former wife. Actress Jennifer Garner, Ben Affleck’s ex-wife, encouraged him to check himself back into rehab. As…
Read MoreMovie insurance policy could pay Disney $50 million for Carrie Fisher’s death
The late actress was going to reprise her role as Princess Leia in more Star Wars movies. Disney may be able to use its movie insurance to receive financial confirmation for Carrie Fisher’s untimely death. The celebrity was on contract with the company to complete three movies in the Star Wars franchise but had completed only two of those films Reports have suggested that the insurance payout for this tragedy could be as much as $50 million. Disney owns the Star Wars franchise and had already filmed two of the…
Read MoreInsurance companies may require Harrison Ford to stay on the ground
This could be the result of last week’s crash when the actor fell from the sky in his vintage airplane. The entertainment industry insurance companies may require Harrison Ford to remain grounded following the crash that the actor experienced when he experienced engine trouble in his vintage airplane, last week, and sent it into a crash landing on a golf course in Venice, California. Ford is still recovering from moderately serious injuries that he experienced from the crash landing. He was immediately hospitalized after the crash. At the time that…
Read MoreInsurance news story develops from Sony’s “The Interview”
The entertainment giant could find itself struggling to cover the cost of the massive losses from its film. Although large corporations like Sony need to purchase coverage in order to be able to protect themselves against a tremendous range of different types of risks, an insurance news story is one of the many developing issues resulting from the cancellation of the release of the film called “The Interview.” It has been reported that Sony stands to lose about $100 million as a result of the movie’s cancellation. Sony decided not…
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