2013年10月2日星期三

Analysis - Jackson case will change the tune for concert, artist insurance

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When britney spears stage first greatly exaggerated in December 100 shows two years living in Las Vegas planet Hollywood, the loudest cheers may come from her insurance underwriters.
A concert stage with the help of sound engineer and challenges on the road, the insurance underwriters played a large role, certainly can be a star on the stage a microphone. The insurance company is also key, at that time, the stars do not display and the concert was cancelled.
Jury found Wednesday afternoon, Los Angeles, AEG live does not undertake by negligence causing death by the late pop star Michael Jackson's family, lawyers in court documents suggest that, under the condition of more than $100 million in damages.
AEG live, in fact, he found himself the center of the negligence causing death lawsuit sent shock waves through the world of music in the past few months, the concert promoter and well-known entertainment insurance company AON/Albert ĝ Ruben and Lloyd Londonexpected, strengthen policy behavior, they guarantee, and may raise some prices.
Insurance experts say, despite the AEG is not responsible for, the situation has prompted the industry to rethink the policy, and find the method, in order to prevent a similar situation in the road.
Doctor Conrad Murray, Ph.D., management operation of lethal dose of the anesthetic propofol Jackson for his role, was found guilty of manslaughter role has prompted changes, underwriters said. In the future, stars or start he may need to separate insurance line.
"The biggest stars have the doctor and his staff, senior vice President of aon/Albert reuben insurance services company, insurance company, a large entertainment has dealt with many of the world's biggest tourism in the past 12 loli, said:" McNaught months.
"If you have a security guard winding punch someone in the face or kill people, who is responsible?
"Is an artist, bodyguard, the sponsors, I think the sponsors will need a star to compensate for their own staff, said:" McNaught. "Even with AEG is not responsible for, I still think this kind of situation will make the lawyer tried to tighten the contract".
Lloyd's of London in the Michael Jackson case involving lawyer declined to comment for this story.
Premium price may go up, according to a who don't want to use his name in the concert production. At present, the sponsors pay policy value of 3% to 5%, this means that AEG pay $530000 to $875000 $175000 policy out of Jackson's ", this is "tourism and Lloyd's of London.
AEG, initially sought to collect $175000 policy after Jackson's death, cancel the tour and falling claims Lloyd in leaked email shows that AEG executives worry about his future stable his planned comeback tour in London.
Insurance company on a regular basis to send a doctor for medical checks - occasionally employment background investigation before the survey - the stars more than $policy.
Jackson after the trial, they need a lot of information to skyrocket, Adam said STECK, SPI entertainment, chief executive, who recently in Las Vegas, planet Hollywood running rocker Patty 18 shows, September 26, led to an agreement.
"We are in a risky business, STECK said." , will ask artist to expose and producers will need and veterinary medical conditions, to ensure that they are correct, this means more red tape. This may affect the pricing at the end of the day. "
Its negligence causing death to indict AEG, Jackson's family claim negligence AEG retained for Jackson's personal doctor Murray and ignore signs of Jackson, who died in 2009, 50 propofol in excess, is in poor health.
AEG LIVE think Jackson prescription drug addiction, their trading before, it does not hire Murray or see he is a danger of the star.
Though by no means Lloyd, legal and insurance experts say that in Jackson's death is now the artist's coverage will be more exceptions - before the injury, the use of drugs, now may be the negligence, staff will not be covered a concrete instance of -- from the originator and the insurance company to pay claims, celebrity who failed to perform its obligations by one staff due to the negligence of the stars.
Entertainment lawyer in Los Angeles, said: "Jon pfeiffer," personal assistant, doctor, to anyone, but show claim rejected.
"If an assistant or a professional to do something wrong, artists will go to assistant and AEG."
Liquidation of an insurance company settled britney spears, she sued a group of nearly $1 million, 2005 years later, she was forced to cancel a tour of Europe, due to a knee injury.
Britney spears and her bought "accident insurance" propaganda, from several companies, including free syndicate management co., LTD., a French company AXA AXA corporate solutions, a common policy, covering abandon, cancel or postpone a concert.
The company initially refused to pay britney cancelled shows produced by the loss, and claimed that she did not give her knee surgery five years ago.
Britney spears has through the insurance company requires a medical tour is the start of the year before.
Britney's case, the lawyer said John Callagy told Reuters, obviously, the insurance company know her knee injury before, from the early insurance application.
Top brokerage, Las Vegas, President Mary Thompson, said she expected to britney spears may buy her planet Hollywood residence "emergency", but now it includes new pop star widely publicized breakdown a few years to rule.
More stringent drug monitoring and higher insurance pricing after the 23-year-old actress river phoenix in the drug overdose death in 1993, the two movies according to the contract.
When he died, two insurance companies to pay nearly $570 million in "dark blood" and "interview with the vampire producers," but then sued his legacy in a federal court in Florida to get their money back, claiming that he violated his contract by the lie, he said he didn't take drugs.
Appeal court ruled that the insurance company's decision. then

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