Rolling Stones embroiled in $12.7 million insurance dispute

Insurance underwriters are declining to pay a $12.7m claim filed by the legendary rock group, spurring a lawsuit filing.

Insurance News

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The suicide of L’Wren Scott, fashion designer and longtime girlfriend of Rolling Stones front man Mick Jagger, prompted the legendary rock group to cancel concerts in Australia and New Zealand this spring, but insurers aren’t paying up for the lost profits.

The insurance underwriters who issued the cancellation policy have declined to pay the $12.7 million claim filed by the Stones, saying they would first perform a probe into the state of Scott’s mental health. They also plan to depose her brother, Randall Bambrough, regarding the issue.

The underwriters claim Scott suffered from a pre-existing medical or mental condition that voided her coverage under the policy, and had their petition to launch a probe granted by a federal judge in Utah. The same underwriters have petitioned to seek information from Scott's former personal assistant, Brittany Penebre, and Adam Glassman, executor of Scott's estate.

Underwriters are also questioning Jagger’s claim that he was advised by doctors not to perform for at least 30 days following Scott’s death, due to depression caused by her suicide defined as "acute traumatic stress."

The Rolling Stones have responded by filing another lawsuit related to the claim in London.


 

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