Tag Archives: movie insurance

Entertainment Lability Trends

bigstock-Clapper-board-film-reel-and-f-45132883Today almost every production company, film distribution firm, or any business in the entertainment industry can find itself facing a liability lawsuit. A Professional Liability lawsuit can put assets at risk including business assets, resources, and in some cases the personal assets of owners. One simple mistake could cause financial devastation, as well as end a professional career. Some businesses mistakenly fail to realize that they have an exposure to professional loss.

The most important liability trends are involving intellectual property rights liability; such as copyright and trademark infringement. There is increased litigation around the unauthorized use of third party content; images, film, ant music without permission.

“Media companies are increasingly exposed to claims for copyright, right of publicity and misappropriation of ideas under implied contract. The exposure to these causes of action has increased as media companies try to generate content to keep up with the public’s consistent and growing appetite for news, information and entertainment. Internet exposures arising from third-party generated content are also a concern. These causes of action can give rise to large verdicts, settlements and defense costs. Moreover, a defendant in an intellectual property suit is less likely to prevail through motion practice or on appeal. Most intellectual property suits are likely to settle because they are economic disputes as compared to those involving claims for emotional distress and reputational damages.” P.Blake Keating, VP Media Claims, One Beacon Insurance.

Other Risk and Insurance Trends To Watch

  • Use of drones including safety and privacy
  • Suite involving social media
  • Hacking of entertainment firms form foreign countries
  • Development of internet products and copyright issues
  • Un authorized used of images in marketing or advertising

It is important to use an agent with commercial experience to help your business find the right combination of coverage, price, and service.

MovieInsure.com offers a wide variety of A-rated, admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list. We are located in beautiful Northridge, California next to CSUN

We Do Stunt Insurance

MF stunt33Stunt Insurance

We can provide special stunt coverage for many of the productions you are involved in. Producers and production companies can attain coverage for the following… Stunts, aerial scenes, falls, fight scenes, recreational vehicles, water scenes, weapons, precision driving, and animals.

Many productions or even live events make use of stunts during productions. Most traditional film insurance packages will not cover these stunts as they are considered too risky

Here are a few if the stunts that should be insured:

  • Aerial Work – Includes scenic shots from private or commercial aircraft that do not involve aerial acrobatics or other hazardous maneuvers.
  • Fight Scenes – Fight scenes that are choreographed, structured, and sequenced. These scenes may involve physical contact between actors and the use of weapons
  • Animals – Scenes involving the use of animals, such as dogs, farm animals, household pets, and zoo animals
  • Special Driving – Controlled driving on public roads, race tracks, off-road (no racing, skidding, collisions).
  • Use of Weapons – Scenes that involve prop guns, squibs, blanks, knives or other similar weapon

Our mission is to serve filmmakers with the best policies their dollar can buy. Our diversified staff utilizes state-of-the-art technology to make your production insurance experience with us as effortless as possible. Simply put, we are “Independent Brokers/Agents” representing you the “client”. We are licensed professionals and bring a personal touch to the delicate relationship between you, the “client” and the “insurance company.” We can act as “brokers” or as “agents” depending on the product sold and/or our relationship with the actual film insurance carrier.

Check out our other sites

Eventinsure.net

Stuntinsure.com

Drone-liability.com

Best Practices for Entertainment Property Losses

Movie Insurance Update

Most every entertainment business owns business property, which may include the building in which you run your operations.  Property insurance protects the physical assets your business owns – such as computers, props, movie sets, camera equipment, office equipment, buildings, furniture, fixtures, and other property.  Every entertainment business should have a comprehensive property insurance portfolio to respond to the many risks associated with property ownership.

We hope to help you indemnify a proactive plan in the event of a fire, theft, storm, or some other kind of damage that might involve your entertainment insurance policy.  There are a number of actions you can do to help get the best possible settlement from the insurance company.

Pre-Loss Practices

  • Maintain vital records
  • Have photos of all buildings, major equipment, etc
  • Blueprints- keep complete sets
  • Property inventories
  • Financial records
  • Appoint key individuals as communicators
  • Have emergency response plan
  • Secondary locations identified

During The Loss

  • Notify the insurer
  • Protect the property
  • Track claim costs
  • Separate budget line items
  • Keep records of all internal and external costs
  • Make temporary repairs
  • Communicate with insurer as to the use of any consultants
  • Meet regularly with the agent and Insurer
  • List and address key issues and concerns
  • Note any changes from original design
  • Will you rebuild or not?
  • What might cause delays?

MovieInsure.com offers a wide variety of A-rated, admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list. We are located in beautiful Northridge, California next to CSUN

Check out our other sites

Eventinsure.net

Stuntinsure.com

Drone-liability.com

Heat Stress Prevention For The Entertainment Industry

As summer approaches, workers all over Los Angles and the rest of the country will experience the risk of heat stress.  Heat stress is especially prevalent in the summer months due to climate changes in July and August. Summer is the time when outside performances and other related work increases.

Heat stress is a signal that says the body is having difficulty maintaining its narrow temperature range. The heart pumps faster, blood is diverted from internal organs to the skin, breathing rate increases, and sweating increases, all in an attempt to transfer more heat to the outside air and cool the skin by the evaporation of sweat. If the body can’t keep up, then the person suffers effects ranging from heat cramps to heat exhaustion, and finally to heat stroke.

Workers at risk of heat stress include outdoor workers and workers in hot environments such as set construction, stunt workers, outside theater productions, filming and others. Workers at greater risk of heat stress include those who are 65 years of age or older, are overweight, have heart disease or high blood pressure, or take medications that may be affected by extreme heat.  Source: The Centers for Disease Control and Prevention (CDC)

Prevention Tips

  • Drink water frequently and moderately.
  • Take breaks and rest periodically out of the sun and heat.
  • Eat lightly.
  • Do jobs that are more strenuous during the cooler morning hours.
  • Utilizing ventilation or fans in enclosed areas.
  • Remembering that it takes about 1-2 weeks for the body to adjust to the heat; this adaptation is quickly lost – so your body will need time to adjust after a vacation.
  • Avoiding alcohol consumption. Many cases have occurred the day after a “night on the town”.
  • Wear light-colored, cotton clothes, and keep your shirt on; desert nomads do not wear all those clothes for nothing.

Additional sources: CAN

We will review your entertainment insurance and compare them to your operations to make sure that you have the coverage that matches your risk.  Make sure your workers’ compensation coverage is designed to cover your legal obligations.

MovieInsure.com offers a wide variety of A-rated, admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list. We are located in beautiful Northridge, California next to CSUN

Check out our other sites

Eventinsure.net

Stuntinsure.com

Drone-liability.com

Does Your Entertainment Business Own Or Rent Automobiles?

.Do you operate a production company or other entertainment business that requires you to have a vehicle to deliver your goods and services to your clients?  Do you have a fleet of delivery trucks that are on the road 24/7?  Small firms who own or operate vehicles have the same risks as large firms.  You are at risk from losses arising out of accidents which can damage your vehicles and cause injury to third parties and employees.

Commercial Auto Insurance can provide your firm with security and protection from devastating liability claims arising from an accident involving your vehicle.  Commercial Auto Insurance is normally offered on vehicles owned by a commercial business, and can include:

Bodily Injury Liability – Coverage for damages that involve bodily injury to third parties for which you become legally liable under the law.

Property Damage Liability – Coverage for damage to the property of others.

Medical Payments – This is coverage for reasonable and necessary medical expenses for those who are accidentally injured while in your automobile, or while getting in or out of your automobile.

Personal Injury Protection – Coverage for medical, hospital, rehabilitation, loss of wages, or loss of services costs resulting from injury to you or any guest injured while in the vehicle.

Comprehensive – Protection for the loss of or damage to your vehicle and equipment from all causes, except collision, subject to the terms and conditions of the policy.

Collision – Protection for the collision damage to your automobile and its equipment, subject to the deductible and terms of the policy.

Uninsured Motorist – This coverage allows you to recover bodily injury damages due to an accident where the other party does not have liability insurance, and is legally liable.

Under insured Motorist – Coverage allows you to recover bodily injury damages due to an accident where the other party is found legally liable and does not have adequate liability limits.

Hired Auto Liability Coverage – Covers liability for automobiles hired under contract on behalf of, or loaned to, the named insured.

Whether your company needs to purchase Commercial Auto Insurance on one vehicle or a fleet, there are solutions for you. We understand you may have questions regarding Commercial Automobile Insurance and we are ready to help you.

MovieInsure.com offers a wide variety of A-rated, Admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list. We are located in beautiful Northridge, California next to CSUN..

We service the following states: California, Colorado, Arizona, District of Colombia, Florida, Georgia, Hawaii, Illinois, Louisiana, Maryland, Michigan, North Carolina, New Jersey, New Mexico, Nevada, New York, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Utah, and Washington. If you do not see your state listed here, please inquire anyway – we are growing!

Other Sites

Eventinsure.net

Stuntinsure.com

Drone-liability.com

 

Summer Interns Create Risks For The Entertainment Industry

bigstock-group-of-happy-teen-high-schoo-46806427Many entertainment businesses are getting ready to hire summer interns. These internships can be rewarding for the college student as well as provide some help to the business.  Offering paid or non-paid internships can create risk for your business.  If the interns are receiving wages, they will be considered employees of the company, and eligible for workers’ compensation insurance coverage under your current policy.  If the interns are not receiving wages, you should check with your workers’ compensation insurance carrier to make sure they are covered for workplace injuries.

The Department of Labor (DOL) recently updated their requirements for interns.

  • Even though it includes actual operation of the employer’s facilities, the internship is similar to training that would be given in an educational environment.
  • The internship experience is for the benefit of the intern.
  • The intern does not displace regular employees, but works under close supervision of existing staff.
  • The employer providing the training derives no immediate advantage from the activities of the intern and, on occasion, its operations may actually be impeded.
  • The intern is not necessarily entitled to a job at the end of the internship.
  • The employer and the intern understand that the intern is not entitled to wages for the time spent interning.

Businesses need to evaluate their internship program to ensure they meet the DOL criteria and any applicable state laws.  Unpaid internship programs should be designed to provide an educational experience.

It is important to use an agent with commercial experience to help your business find the right combination of coverage, price, and service.

MovieInsure.com offers a wide variety of A-rated, admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list. We are located in beautiful Northridge, California next to CSUN

Does Your Entertainment Business Need A Checkup?

It is good to review your entertainment business insurance program every year

Every business, like a person, needs checkup from time to time.  As your business grows or changes, your business insurance should respond accordingly.  If your business changes, there could be the possibility that you may not have the right entertainment insurance coverage, and that can lead to an uninsured claim.

What a business insurance check-up looks like

We will review your entertainment insurance and compare them to your operations to make sure that you have the coverage that matches your risk.  We will also review the following questions:

  • Have you added any new locations?
  • Are your productions moving into other states?
  • Have you purchased any new camera equipment?
  • Are drones part of your operations?
  • Are you responsible for talent management?

MovieInsure.com offers a wide variety of A-rated, admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list. We are located in beautiful Northridge, California next to CSUN

Commercial Insurance Offers Real Solutions For The Entertainment Industry

bigstock-Clapper-board-film-reel-and-f-45132883Commercial Insurance 101

If you are involved in any entertainment operation, you know how important it is to keep your production running smoothly. There is nothing worse than an interruption in your production that may cause you to under deliver products or services to your producers, studio or networks. One very important parts of running a company, is ensuring that you have proper entertainment insurance coverage.

What Is Commercial Insurance For The Entertainment Industry?

Entertainment insurance is designed to protect your business from unforeseen losses like fire, theft, business income loss, and third party liability claims.

There are many different kinds of coverage that can be included in a commercial insurance policy, and depending on your business, you may need other specialized coverage including:

  • Property- including coverage for props
  • Business income- loss of potential income
  • Inland marine- coverage for drones, cameras, etc
  • Workers’ compensation- including injury to stunt professionals
  • General liability-
  • Professional liability- copyright infringement coverage
  • Automobile
  • Director and officers
  • Employment liability

It is important to use an agent with commercial experience to help your business find the right combination of coverage, price, and service.

MovieInsure.com offers a wide variety of A-rated, admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list. We are located in beautiful Northridge, California next to CSUN

Employee vs. Independent Contractor For The Entertainment Industry

bigstock-Lighting-The-Director-38194939Entertainment firms have many decisions to make regarding how their companies are run; whether to lease or buy a building, how to manage accounting functions, and human resource management just to name a few. One big decision is deciding between the option of hiring employees or using subcontracted professionals to manage work flow. There are pros and cons to each one. Our hope in this article is to provide you with information to help you through the process.

Many times entertainment firms need to hire independent contractors as jobs are only for the period of the production or event. Your entertainment insurance and workers’ compensation should address these coverage issues.

Advantages of hiring an employee

  • Employees can sometimes take on multiple roles within the firm.
  • Work flow and managing projects can be more effective with an employee.
  • Employees will have strong loyalty to the business which can result in increased productivity.
  • It is easier to manage employees, as the business has more control. Independent contractors will have other clients to report to and manage.
  • With employees, your costs can be fixed to some degree. Independent contractor rates will vary depending on market demands.

Advantage of using an independent contractor

  • No health benefits need to be paid to a contractor. Health costs can add over $5,000 annually to the per employee cost.
  • Your cost tends to be focused on specific tasks or projects.
  • Ability to have work on demand. Many small businesses may have seasonal needs or business work flow that is better suited to an independent contractor rather than another full time employee.
  • Reduced overhead. With a contracted employee, businesses don’t have the added costs of phones, workers’ compensation, computers, training, benefits, and payroll.
  • You will have less management responsibility with an independent contractor.
  • Depending on the functions, independent contractors may have more skills and training giving you the same advantages as larger firms.

As you consider this topic remember that there are tax and legal issues you should consider. We recommend you consult with professionals for specific information. A few final thoughts:

  • If you hire an independent contractor just to get around benefits and legal issues and the contractor works exclusively for your firm, they may not be considered truly independent.
  • Under workers’ compensation laws, if you control the person and work to a large degree, you may not be able to avoid responsibility. Check with your insurance agent.
  • Depending on the function, you may want the independent contractor to have professional liability insurance.
  • We recommend you have a written agreement with the independent contractor which should outline all legal issues.
  • The IRS uses 20 factors to determine if a worker is an employee or an independent contractor. However, it is their interpretation (although it could be challenged). Not all factors apply in each case or carry the same weight. http://www.uncsa.edu/formsprocedures/IRS.htm

We are proud to offer specialized coverage for production and event insurance of all types. MovieInsure.com offers a wide variety of A-rated, Admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list.

 

 

 

Insurance For Promoters and Event Planners

bf g65What Coverage Do I Need for My Special Event?

Are you involved in promoting a special event? Special Event Insurance must be part of your planning. Special Event Insurance can provide the necessary security to ensure that if something does go wrong, you and your guests are protected.

What is Special Event Insurance?

There are many different kinds of Special Event insurance. Depending on your event, there is insurance coverage that addresses the specific risks. Special Event Insurance is designed to protect the event sponsors or planners against liability claims associated with the event. Claims can come from participants, vendors, and other third parties. Here are a few of the different kinds of events that require insurance:

  1. Festivals– This kind of event would include a community gathering in celebration of a community leader, special day, or organization. These events often include food and activities consistent with a theme. Festivals are usually held in parks or other public places which creates liability for the event sponsors. Festival Liability Insurance is the perfect solution to help sponsors manage these risks.
  2. Music/Concert Events – Concerts are events where the sponsor is responsible for managing a large or small crowd around both professional and nonprofessional performers and musicians. Concert sponsors have a responsibility to manage crowds, provide security, and deal with the “talent”. Concert Event Insurance is the most effective method to protect against liability that can occur during concerts and other music related festivals.
  3. Holiday Festivals– Holiday Festivals are usually centered around a specific cultural or religious holiday. They can include crafts, food, performers, and even alcohol. Holiday Festivals, like other events, create liability for the event sponsors. Special Event Insurance provides the necessary coverage to protect the sponsors and other liable parties such as the building owner.
  4. Private Business Events– Companies large and small plan and organize client events, employee training, seminars, and parties. Much like weddings, these events create liability to the company organizing them. Special Event Liability Insurance can provide protection against claims that might arise from third parties.

All Concerts, Festivals, or Special Events have common risks that Special Event Insurance can cover. When planning your special event concert, or wedding, the following insurance should be included:

MovieInsure.com offers a wide variety of A-rated, admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list. We are located in beautiful Northridge, California next to CSUN