Entertainment and Media News
On April 7, 2022, Venable partner Sarah Cronin was featured on the NPR podcast The Indicator from Planet Money, where she discussed pandemic insurance for the entertainment industry and her role handling insurance recovery disputes on behalf of policyholders.
According to the podcast, a lot can happen in a music venue that could result…
On October 21, 2021, Sarah Cronin was quoted in Best’s Review on the impact of the COVID-19 pandemic on insurers in the live entertainment market.
According to the article, over the past 19 months, insurers have been hit with some fairly large losses, particularly in event cancellation coverage. That’s forcing some policyholders to reevaluate where they will place those risks, with some looking to captives or self-insurance as an option, said Cronin. Since the start of the pandemic, carriers insuring live events have been busy altering policy language and adding communicable disease exclusions.Continue Reading Best’s Review Quotes Sarah Cronin on the Impact of COVID-19 on Event Insurance
There is more demand for content than ever, and media and entertainment companies face a wide variety of challenges that come along with the increase in production and distribution of content. In-house and outside counsel for media and entertainment companies need a working knowledge of how to deal with insurance issues that arise in their business, including the types of insurance policies that may cover the legal risks they face, and how to navigate the issues that arise when dealing with insurers, such as selection of counsel, allocation between covered and uncovered claims, and who controls the settlement of a claim.
Continue Reading Join Us on July 14 for a Discussion on Entertainment and Media Liability Claims
