Toby Keith Gene Maddaus-Senior Covid-19 pandemic cover virus Toby Keith Gene Maddaus-Senior

UTA Sues Insurance Carrier Chubb Over $150 Million in COVID Losses

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variety.com

Gene Maddaus Senior Media WriterUTA has filed a lawsuit against Chubb, its insurance carrier, alleging that the company has refused to cover any of the $150 million in losses it has suffered due to the COVID-19 pandemic.The agency states that it has suffered widespread losses due to the cancellation of several tours — including Post Malone, Guns N’ Roses and Toby Keith — and canceled TV and film production.In the lawsuit, UTA alleges that its losses should have been covered by its “business interruption” policies with Vigilant and Federal Insurance Co., two Chubb affiliates.Chubb has taken the blanket position since early in the pandemic that business interruption policies do not cover COVID losses.

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