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The rock band goes heavy on Lloyds over interrupted concerts



Heavy metal band Metallica have sued Lloyd & # 39 ;s in London over losses that have forced them to postpone their South American tournament twice due to COVID-19 suspensions.

The band's original schedule of six concerts was scheduled for April 2020 and later December 2020, both tours were canceled due to suspensions without any new dates yet, leaving the band to rely on their standard "cancellation, abandonment and insurance coverage" policy to cover their losses, according to the lawsuit filed Monday in Los Angeles Superior Court and reached by CBS News.

The band says it "in due course turned to (Lloyd & # 39; s) for the promised and reasonably expected coverage for their losses and claims that Lloyd has quoted the policy's communicable disease exclusion and" denied any liability at all based on an unreasonable restrictive interpretation of the policy. "

On Thursday, a representative of Lloyd & # 39 ;s responded to the lawsuit and said that "Llo yd & # 39 ;s is not an insurance company, it monitors and regulates a market for independent insurers" and that we "for that reason do not have any information about any specific insurance or lawsuit and in any case have no right to comment on issues in disputes. ”[1

9659002] More insurance and risk management news about the coronavirus crisis here .

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