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Lloyd’s hits back at Broadway producers over multimillion lawsuit

Lloyd’s hits back at Broadway producers over multimillion lawsuit

Lloyd’s hits back at Broadway producers over multimillion lawsuit Lloyd’s of London has fired back at the producers of the rebooted Broadway hit show Shuffle Along over a multimillion insurance lawsuit involving actress Audra McDonald.
 
The producers sued certain Lloyd’s underwriters in November for declining to reimburse losses following McDonald’s pregnancy which supposedly affected the shows. 
 
Shuffle Along had insisted that McDonald’s pregnancy was classified as an accident covered under the insurance policies totalling US$14 million, a claim that the underwriters had denied.
 
Forbes recently reported that based on Lloyd’s own investigation, McDonald knew that she was pregnant way ahead of the show’s opening night in April but she failed to disclose her condition.
 
“McDonald’s  prior  medical  history  was  a  material  fact  that  must  have  been  known  by McDonald,” Forbes quoted the insurer’s lawyers as saying.
 
According to the report, Lloyd’s said it was “induced to enter into the [insurance policy] by way of the material non-disclosures and/or material misrepresentations.” The insurer said it would not have otherwise entered into the insurance policy as it was written.
 
Lloyd’s is asking the New York court where the lawsuit was filed to void the insurance contract.
 
Court House News previously reported that the Broadway producers are seeking about US$700,000 under the nonappearance policy and US$12 million under the abandonment policy.
 
 
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