Disney’s insurer recordsdata go well with in opposition to Harvey Weinstein

0 8


One more insurer has chosen to confront Harvey Weinstein in a authorized dispute, refusing to pay the controversial former film producer’s bail.

Weinstein now faces a lawsuit filed by Steadfast Insurance coverage, an insurer for the Walt Disney Firm.

In 1993, Weinstein’s former firm Miramax was acquired by Disney for $80 million. Each Weinstein and his brother, Bob, labored with Disney till 2005, after they left to begin The Weinstein Firm.

Weinstein had filed a declare by means of a Disney coverage written by Steadfast, hoping to obtain reimbursement for $1 million in bail, however the insurer is disputing the declare. CNN has reported that the insurance coverage firm filed a go well with within the New York Supreme Courtroom this week.

In its go well with, Steadfast stated that it’s also trying to recuperate any cash it has paid in relation to Weinstein’s felony case.

The 66-year-old ex-film producer has pleaded not responsible to 2 counts of rape and one first-degree felony intercourse act cost in New York Supreme Courtroom. Weinstein can also be underneath investigation for purported intercourse crimes in each Los Angeles and London.

He was arrested on Could 25 and launched with an ankle monitor on $1 million money bail. In keeping with Steadfast’s criticism, Weinstein’s lawyer notified the corporate on the identical date that he would search cost for the protection prices by means of the Disney coverage.

Steadfast initially agreed – as a preliminary matter – to cowl Weinstein’s protection prices. However in its criticism, it argued that the felony case will not be lined by provisions within the coverage that cowl claims for wrongful discrimination and wrongful employment acts. The corporate additionally maintained that the coverage additionally had an exclusion for claims of “bodily damage.”

 

Associated tales:
Tussle between Chubb and Harvey Weinstein takes new twist
Chubb in authorized battle with Harvey Weinstein over protection

 



Supply hyperlink – https://www.insurancebusinessmag.com/us/information/breaking-news/disneys-insurer-files-suit-against-harvey-weinstein-104492.aspx

You might also like

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.