Rolling Stones in Legal Battle Against Insurance Underwriters over $12.7M
The Rolling Stones are taking a group of insurance underwriters to court over an insurance claim that was denied. Before their 2014 tour of Asia and Australia, the Rolling Stones took out a $23.9 million insurance policy to cover cancellations resulting from the death of family members and others named in the policy.
The insurance policy was triggered when the group cancelled the Australia and New Zealand concert dates because Mick Jagger’s girlfriend L’Wren Scott committed suicide in her New York apartment on March 17. Scott was one of the names listed in the policy.
The insurance underwriters denied the claim because Scott’s death was not a sudden, unforeseen event. “Ms. Scott’s death arose from, was traceable to, or accelerated by, a condition for which she had received or been recommended medical attention,” said the underwriters in the court papers. Essentially, they argued that Scott’s death resulted from a pre-existing medical and mental condition and thus did not trigger the coverage.
A federal judge in Utah has now granted the underwriters a permission to investigate the state of Scott’s mental health by reviewing her medical records and depose her brother.
One family member commented on the Rolling Stones’ legal battle: “’It seems heartless. How distraught could he have really been, seriously? It was only a month or two after L’Wren’s death he was with this ballerina or whatever. I mean how distraught [was Mick]?” Reportedly, Scott left her entire estate of $9 million to Jagger.