Skip to main content

Mobile Ads

Explained: Why Paramount is suing insurer over Mission Impossible 7 COVID-19 policy

Paramount Studios is suing its insurer, Chubb National Insurance Company, for not covering the vast majority of its losses due to pandemic-related shutdowns on the sets of Mission Impossible 7.

In a suit filed in California’s federal court, the studio’s lawyers claimed that Paramount had incurred severe losses and damages as it was forced to postpone and suspend the production of the Tom Cruise starrer "due to Closure Orders affecting different filming locations, cast illnesses, and the need to protect cast and crew and its locations from exposure to SARS-CoV-2". 

A brief on the case

  • Production on Mission Impossible 7, which is slated to release on 27 May 2022, was delayed seven times between February 2020 and June 2021. COVID-19 was cited as the reason behind the delay six times.
  • However, the studio’s insurer Chubb has said that it would only pay $1 million for the losses incurred due to the coronavirus. The insurer said the amount was decided through its “civil authority policy,” which covers only government-mandated shutdowns.

What is Paramount’s position on the issue?

  • Paramount has disputed the claims of the insurer. The studio had taken out a hefty $100 million insurance policy that was intended to cover losses when key persons related to the project, such as Tom Cruise or director Christopher McQuarrie — are unavailable due to sickness, kidnapping, or death.
  • The studio claimed that the halt in production was due to COVID-19 should come under the insurance policy since the shutdowns were intended to protect the cast from getting sick.
  • The plea filed by the studio in court states that production had halted in February 2020 because someone covered in the insurance policy got sick. Chubb had paid $ 5 million in connection with the delay.
  • The production was further delayed due to virus outbreaks on the sets in Italy, where the movie was being shot, and coronavirus restrictions in the country.
  • However, the insurer has refused to acknowledge further claims, according to Paramount.
  • Paramount’s claim is the latest in a string of studios filing a case against their insurers for not covering losses generated due to the coronavirus. Previously, Ben Affleck’s Hypnotic and AppleTV+’s The Morning Show have sued insurers for the same.

by FP Trending
Labels:

Comments

Post a Comment

Popular posts from this blog

Watch The Sound with Mark Ronson Apple TV+ explores the curious link between music and technology

In The Salmon of Doubt , Douglas Adams writes: “I've come up with a set of rules that describe our reactions to technologies: 1. Anything that is in the world when you’re born is normal and ordinary, and is just a natural part of the way the world works. 2. Anything that's invented between when you’re 15 and 35 is new and exciting and revolutionary, and you can probably get a career in it. 3. Anything invented after you're 35 is against the natural order of things.” Cut to the world of music. As much as technology has been a driving force in the industry, the advent of any innovation has often been received with skepticism before it goes on to become the norm. Harnessing that interplay between the creative process of making music and the technological enhancement given to said music, is acclaimed DJ and producer Mark Ronson. In his just-released six-part mini-docuseries Watch the Sound with Mark Ronson , he astutely defines how different the process of creating a great
Post a Comment
Read more

Studying women presidents and prime ministers on screen, from Meryl Streep in Don't Look Up to Dimple Kapadia in A Thursday

In 2016, when I heard Hillary Clinton had lost the US Presidential race to Donald Trump, I took it as a confirmation that this is how much the US hated its women. And I felt temporarily gratified to live in a country which elected a woman as its third prime minister. This was before I remembered Indira Gandhi was the only woman prime minister we have had, and she was an outlier. Her strong and uncompromising leadership style skews meaningful analysis of gender representation in governance. Anyway, for all the breaking of paths and glass ceilings, trailblazers like Gandhi and Iron Lady Margaret Thatcher commonly belong to conservative or traditional parties. Left to the simultaneously imaginative and mimetic art of comedy, the first woman US president looks like Meryl Streep’s Janine Orlean in Don’t Look Up and Julia Louis Dreyfus’ Selina Meyer in the HBO show Veep . They are both are anti-feminists and women of power. Yet they could not be more different in how they reflect the r
Post a Comment
Read more

Netflix's Lupin acknowledges dangers of fantasies of omnipotence, introducing viewers to a socially conscious gentleman thief

By Emma Bielecki Netflix’s immensely successful new French-language show Lupin has introduced a new generation of anglophone viewers to one of the most popular characters in French popular fiction, Arsène Lupin, gentleman thief. Lupin was created in 1905 by the writer Maurice Leblanc at the behest of publisher Pierre Lafitte, who had recently launched a general interest magazine, Je Sais Tout . Lafitte wanted a serial that would guarantee a loyal readership for his magazine, as the Sherlock Holmes stories had for the Strand Magazine. Drawing inspiration from Conan Doyle and EW Hornung’s Raffles stories, Leblanc obliged by creating a flamboyant and ultimately always benign trickster figure. Cat burglar, con artist, master of disguise, Lupin is also a brilliant detective and righter of wrongs. His appeal has proved enduring: in addition to the original 20 volumes of stories authored by Leblanc, there have been countless plays, radio shows, TV series and films, from Italian pornos
Post a Comment
Read more