Paramount sues insurance company for Mission: Impossible 7 coverage
The name of Mission: Impossible 7 has pretty much become synonymous with COVID-19 delays. Ever since the pandemic began, production has been halted on set multiple times. So much so that we’ve almost lost count. And now, it looks like insurance companies are not interested in covering for Paramount Pictures as well. Therefore, Paramount has decided to sue one of the insurance companies of Mission: Impossible 7 for failing to fully pay the COVID-related claims.
Paramount sued Chubb Ltd. unit for not fulfilling their claims over COVID-19 disruptions. The studios bought an insurance package from Federal Insurance Co. that was supposed to cover more than $100 million in losses. But, when it came to fulfilling the claims, the studio alleges that Federal did not do so. Furthermore, they assert that their losses incurred on Mission: Impossible 7 due to delays were within the $100 million limit. However, they didn’t specify the amount, saying in their lawsuit in Los Angeles federal court Monday:
Paramount’s losses are well within the limits of the policy. However, when Paramount sought payment for the full amount of its insured losses under the policy, Federal refused.
Paramount Pictures are not the only production company who have taken the legal route against insurance. The producers of Apple+ The Morning Show also sued Chubb for claiming that the company refused to pay $44 million losses due to pandemic-related delays.
Mission: Impossible 7 has been plagued with COVID-related disruptions
Sadly, MI7 has been riddled with delays ever since production began. 24th February was the official start date of the production. However, it shut down just three days later due to someone on-set becoming ill. Then, the studios decided to resume production in March 2020 in Italy. However, the Italian government then imposed strict lockdowns as they became the hub of COVID-19 in the world. Since October 2020 till June, Mission: Impossible 7 has faced seven delays according to the lawsuit.
Paramount revealed that Federal only paid them $5 million for losses related to the illness back in February. And since then, they haven’t paid the studios a single dime. As a result, the studio is suing the insurance company for an amount that they haven’t made public yet. Moreover, things have been difficult on-set too. Tom Cruise famously lashed out on his crew members for not following COVID-protocols properly back in December. In a leaked audio tape, Cruise berated his crew members, telling them how important it is that they do their jobs properly at a time when everyone is losing their homes. Since then, news came out last June that Tom Cruise himself got COVID, halting the production.