An insurance company that paid more than $2.8 million in claims after an arson fire damaged an historic Memphis music recording studio has now accused a rock music label company of fraud and wants its money back.
The Commercial Appeal reports that Hanover American Insurance Co. has filed a federal lawsuit against Tattooed Millionaire Entertainment, its owner Christopher C. Brown and two others – Daniel Mott and John Falls – in connection with the fire last November set inside the former House of Blues recording studio.
After examining receipts and bank records, Hanover, which is based in Massachusetts, says $10.5 million worth of recording equipment that it had insured didn’t exist. The defendants had said the arsonists had stolen the equipment.
The defendants declined to comment.
Topics Fraud
Was this article valuable?
Here are more articles you may enjoy.
Why New York’s Attorney General Objects to Trump’s Bond Insurer 
Allstate Reports $731M in Q1 Pretax Catastrophe Losses 
Investment Funds File New Suits Over Lighthouse Insurance Collapse in 2022 
Marsh McLennan Agency to Buy Fisher Brown Bottrell for About $316M 
