Kanye West is facing another legal battle shortly after serving TIDAL with lawsuit papers, this time it could land him $1o million. West has filed a $10 million lawsuit against insurance angency Lloyd’s of London. West claims the insurer has not paid him for the early cancellation of his “Saint Pablo Tour” due to an alleged mental breakdown.
In the lawsuit, West claims that Lloyd’s has neither paid the claim nor denied it. The suit accuses the insurer of not providing “anything approaching a reasonable explanation about why they have not paid, or any indication if they will ever pay. Implying that Kanye’s use of marijuana may provide them with evidence to deny the claim and retain the hundreds of thousands of dollars in insurance premiums paid by Very Good.”
In addition to the claims made in the documents, Kanye’s camp also believes the company was leaking private and personal information during Kanye’s departure from the tour in order to discredit his claim.
West is still being treated by the primary physician who oversaw his care at UCLA and that doctor has confirmed in sworn testimony that West “suffered a debilitating medical condition, requiring that Kanye not continue with the tour.”
Kanye’s lawyer Howard King says this is a lesson for all artists.
“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,” the suit reads. “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’re buying peace of mind. The insurers know they’re just selling a ticket to the courthouse.”