Kanye West denies all Lloyd’s counterclaims in $10m lawsuit
Singer Kanye West, through attorneys of his touring company Very Good Touring denied “each and every allegation and mischaracterization in the counterclaim” made by Lloyd’s syndicates with respect to a cancelled tour.
At the beginning of August, West filed a $10 million lawsuit against a group of Lloyd’s syndicates including Cathedral, Liberty, XL Catlin, Markel and Allianz.
West claims that the syndicates are stalling on paying out claims emanating from the “cancellation, abandonment and non-appearance” for his 2016 Saint Pablo Tour.
Following Kanye West’s reported illness and admission to UCLA Medical Center, West’s touring company Very Good Touring made a claim for benefits under the policies. West was hospitalized at UCLA for approximately a week after his admission.
Underwriters thereafter engaged in a series of communications with the insured’s representatives and obtained documentation and other information with respect to the claim. Based upon the results of that investigation to date, underwriters are informed and believe that coverage is likely precluded under the policies.
Underwriters’ investigation indicates substantial irregularities in Mr. West’s medical history, according to a court filing.
In a response to the counterclaim, West’s attorneys said that “most of the requests for information and documents were patently an effort to stall payment on the claim, in the still continuing effort by defendants to avoid parting with their funds.”
Very Good denies that there are substantial irregularities in West’s medical records. The company also denies the allegations that Very Good “failed to cooperate in the investigation” and that it “hindered, stalled, refused to provide relevant and necessary information” throughout the investigation.
Get the latest re/insurance news sent to your inbox every day - Sign up to our free email newsletters
Allstate estimates August cat losses at $593m
Towergate’s new holding Ardonagh sees profitability rise in H1
New technology can help insurers verify photographic evidence
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze