Liability Coverage For Film, Radio & Theatre
OneBeacon Insurance Group, has introduced a new professional liability product – Producer Plus Liability, which they said “provides liability insurance designed to meet the needs faced by producers of entertainment and industrial films, radio, and live theater.”
Vice President Regina Williams commented “We are excited to have developed and added Producer Plus Liability to our portfolio, given the emerging need for this type of coverage. We are pleased to offer a robust, flexible solution backed by our specialized media liability team, to address this marketplace need.”
Producer Plus Liability will be written on an admitted basis in all states except Louisiana and Vermont [where it will be written on a surplus basis] with a $5 million maximum coverage limit.