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Wednesday, September 02, 2020
Broadway's Jujamcyn Theaters Sue Insurers Over COVID-19 Payouts
www.ticketnews.com: Broadway’s Jujamcyn Theaters have brought a lawsuit against a pair of insurance companies, alleging that they unlawfully denied millions of dollars in policy coverage as the company shut down due to government restrictions on live events due to the coronavirus. The lawsuit, filed in the Southern District of New York, claims that Federal Insurance Company and Pacific Indemnity Company owe “tens of millions” of payouts due to the sudden halt on business, which will stretch at least into early 2021.
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