Gene Maddaus Senior Media WriterParamount sued its insurer on Monday for refusing to cover the vast majority of its losses due to pandemic-related shutdowns on “Mission: Impossible 7.”According to the suit, the studio’s insurer, Chubb, has said it will pay only $1 million for COVID-19 losses under its “civil authority” policy.
Production was delayed seven times between February 2020 and June 2021, at least six of which were the result of the pandemic.Paramount had a “cast insurance” policy for the production, with a $100 million coverage limit.
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