The producers of the Ben Affleck action film Hypnotic are suing their insurance company over its failure to extend existing production coverage without including a new, pandemic-related clause. Hyp…
are suing their insurance company over its failure to extend existing production coverage without including a new, pandemic-related clause., directed by Robert Rodriguez and backed by Solstice Studios and Studio 8, was set to head into production in April. But the project was postponed by the pandemic, like virtually every other film and television program.
The Hoosegow film producers had purchased a cast insurance policy from Chubb National that had a $58 million value. The policy stipulated it would be paid out if Affleck or Rodriguez became ill, died, or were otherwise unavailable. The lawsuit has been issued because Chubb has refused to extend that policy’s expiration date of Oct. 28, 2020, leaving the production without coverage if it proceeded.The lawsuit would be the first test on whether film insurers will be obligated to cover pandemic-related delays. Thepolicy originally did not carry a COVID-19 exclusion for Affleck or Rodriguez, and the Hoosegow producers are demanding that any extension of the policy not add a new clause.
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