Saturday, November 15, 2014

Rolling Stones settle insurance lawsuit over postponed '14 on Fire' concerts...



The Rolling Stones have settled an insurance lawsuit over the band's postponed "14 on Fire" concerts in Australia and New Zealand. As previously reported, the Rolling Stones were embroiled in a legal dispute with an insurance company because the band rescheduled concerts in Australia and New Zealand after the March 2014 suicide of Mick Jagger's longtime companion L'Wren Scott, a celebrated fashion designer who was Jagger's girlfriend since 2001.
The Associated Press reported on Nov. 9, 2014: "Jagger was 'diagnosed as suffering from acute traumatic stress disorder' after Scott's death and was advised by doctors not to perform for at least 30 days, according to documents filed in the court case in Utah. Before the tour, the group took out a $23.9 million policy to be paid in the event shows were canceled due to the death of family members or others, including Scott. In denying the claim, underwriters said Scott might have been suffering from a pre-existing mental illness and her death might not be covered under the policy."
The Rolling Stones filed a $12.7 million claim for this insurance policy. After underwriters denied the claim, "the Stones sued them in London," according to the Associated Press.