The producers of the Apple+ series The Morning Show say that they incurred $44 million in losses from the Covid-19 shutdown and delay of the second series — and they want their insurer to pay up.Always Smiling Productions filed suit against Chubb National Insurance Company last week (read it here), claiming that the insurer adopted “arbitrary restrictions” on coverage for the series, and interpreted the policy in a way that would limit its obligation.
More simply, according to the lawsuit, Chubb claimed that it didn’t have an obligation to pay for Covid-related losses because they were not “direct physical loss or damage.”“Chubb also has known for more than a decade that it and its insureds face a substantial risk of loss from various
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