Boost for Live Nation in Covid insurance lawsuit
A Los Angeles judge has rejected insurer Factory Mutual's bid to trim the promoter's lawsuit over covering losses incurred during the pandemic
News By James Hanley | 7 February 2022
Live Nation has been handed a boost in its lawsuit against insurer Factory Mutual (FM) over its failure to cover the promoter’s “severe and unanticipated” losses stemming from the pandemic.
In January 2021, Beverley Hills-based Live Nation launched legal action against FM in the former’s home state of California for allegedly wrongfully refusing to pay out.
The complaint, filed in the US district court for central California, said that LN “reasonably” believed that Factory Mutual Insurance Co. would promptly…
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