The Morning Present Producer Sues Chubb Unit for BI Protection – Enterprise Insurance
The company that produces the cable television show "The Morning Show" has filed a COVID-19-related business interruption lawsuit against a unit of Chubb Ltd. filed alleging breach of contract and bad faith.
Always Smiling Productions LLC, which produces the show, which debuted on Apple TV + in November 2019, alleges in a lawsuit filed in Los Angeles District Court on Friday that Chubb National Insurance Co. has refused to exercise its right to company agreements in the Pay for in connection with production The COVID-19-related shutdown in March 2020 for not having suffered "direct or physical loss or damage," according to Always Smiling Productions LLC v Chubb National Insurance Co.
Always Smiling, of Culver City, Calif., Said in the lawsuit that its virus-free policy included $ 125 million in occupation protection and $ 1 million each for impending threat, civil or military authority, and entry and exit covers .
Under Ingress and Egress coverage, Chubb has agreed to pay for the actual loss of production incurred during the impairment of an insured production if access from a location is prevented due to direct physical loss or damage to property at a location under the lawsuit .
The lawsuit states that Chubb paid Always Smiling $ 1 million as part of his civil coverage in June, even though the loss exceeded $ 44 million.
The insurer also refused to extend its policy in November 2020.
A Chubb spokesman said in a statement that the insurer categorically does not comment on legal matters.