Major Broadway Theater Owner Jujamcyn Sues Insurance Companies Over Paltry COVID Payout
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deadline.comGreg Evans Associate Editor/Broadway CriticIn a lawsuit that offers a glimpse of COVID-19’s economic threat to the Broadway industry, Jujamcyn Theaters, owner of five major Broadway venues, is suing its insurance companies after the insurers offered to pay a mere $250,000 of what Jujamcyn claims should be “tens of millions of dollars” in losses due to the coronavirus shutdown.Jujamcyn, which owns the theaters housing hits Hadestown, The Book of Mormon, Moulin Rouge and Mean Girls (and, until its recent permanent closing, Disney’s Frozen), filed the suit this week in the U.S.
District Court for the Southern District of New York alleging the Chubb group’s Federal Insurance Company and Pacific Indemnity Company have denied claims under a.
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