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.
Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California 
Insurance Companies Join Letter to Push TPLF Disclosure in Federal Courts 
AIG’s Hancock to Retire as Head of General Insurance 
Aon Raises $13.5 Billion From Bond Sale to Fund USI Takeover 
