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.
California Insurance Commissioner Race Has Diverse Field Amid ‘Insurance Crisis’ 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 
