csicoverage posted on October 05, 2011 11:48
A settlement has been reached between a movie production company and an insurer over filming delays during “The Expendables” involving stars Jason Statham and Sylvester Stallone.
Alta Vista Productions filed a lawsuit in Louisiana federal court more than a year ago alleging St. Paul Fire & Marine Insurance breached contracts that Alta Vista obtained to cover losses incurred due to delays in production of the movie—delays that were due to medical conditions suffered by Statham and Stallone.
St. Paul Fire & Marine issued a “motion picture production package” insurance policy to Alta Vista, according to court records.
Terms of the settlement were not disclosed in court documents.
According to the lawsuit, Statham had to miss time and delayed production on two occasions due to a growth on his vocal cord found after he underwent a medical exam as part of the insurer’s review to write the coverage. The growth had to be removed and follow-up treatments were required.
Production of the movie was delayed at its two locations—Rio De Janeiro, Brazil and New Orleans, La.
Stallone suffered an ankle injury while filming “The Expendables,” which also starred Jet Li, Mickey Rourke and Dolph Lundgren.
Alta Vista says it suffered more than $2.1 million in losses from the delays related to Statham and more than $306,000 in losses from delays due to Stallone’s ankle injury.
The production company says it received partial payments from Travelers of about $529,000 and $139,440 for the respective delays.
According to court documents, St. Paul Fire & Marine says it paid Alta Vista amounts owed under the terms of the policy and the proofs of loss presented to the insurer.
