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Article: Insurance plays starring role in management of stunt risks; Movie producers negotiate over scenes to lower cover costs.(Spotlight: Specialty Risks)
- Article from:
- Business Insurance
- Article date:
- February 16, 2009
- Author:
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: LOUISE ESOLA
When it comes to insuring Hollywood's action-packed films, the bigger the boom, the higher the jump, the braver the stunt, the more expensive and detailed the insurance policy.
"Insurers are all over films when there are stunts involved,'' said Shel Bachrach, president of Los Angeles-based Bachrach & Associates Inc. which specializes in entertainment insurance.
Asian action film star Jackie Chan in 2006 publicly criticized the insurance industry for setting too many safety rules when it came to his daredevil on-screen feats.
On his Web site, www.jackie chan.com, Mr. Chan griped: "There are so many safety and ...