Kanye West files $10 million lawsuit against insurers of canceled tour

Kanye West files $10 million lawsuit against insurers of canceled tour

Last November, rapper Kanye West canceled the remainder of his Saint Pablo Tour. He was also involuntarily hospitalized for “temporary psychosis due to sleep deprivation and dehydration”.

Now, "The Hollywood Reporter" writes that West has filed a lawsuit against the tour’s insurer, Lloyd’s of London, alleging the company of holding out on paying claims from the canceled tour. The complaint, reportedly, alleges that syndicates of the insurance company Lloyd’s of London refused to pay out insurance claims stemming from the canceled tour. West is suing for breach of contract and breach of the implied covenant of good faith and fair dealings.

You can read the complaint online on Scribd. Among other things, the document states:

“Performing artists who pay handsomely to insurance companies within the Lloyd’s of London marketplace to obtain show tour ‘non-appearance or cancellation’ insurance should take note of the lesson to be learned from this lawsuit: Lloyd’s companies enjoy collecting bounteous premiums; they don’t enjoy paying claims, no matter how legitimate. Their business model thrives on conducting unending ‘investigations,’ of bona fide coverage requests, stalling interminably, running up their insured’s costs, and avoiding coverage decisions based on flimsy excuses. The artists think they they’re buying peace of mind. The insurers know they’re just selling a ticket to the courthouse.”

Elsewhere in the complaint, it’s alleged that insurers shared “privileged, private, and personal information” about West to the media. West’s lawyer writes that the company’s purported plans to plant private information was “a move intended to intimidate or dissuade [West] from filing suit” and calls their actions “an egregious violation of written non-disclosure agreements”.