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Hello Filmmakers!
It's a whole new year, and time to make your projects a reality. At the Johnsonese Brokreage we're ready to find cost effective insurance solutions for all of your film projects.
Welcome to the sixth issue of the Johnsonese Brokerage's Film Production Insurance Newsletter. The goal of our newsletter is to provide useful information about insurance to the film and video production industry.
Our small business can work quickly to meet your production schedule! Contact us for all your film insurance needs.
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New Logo, New Website |
 With the assistance of Beall Creative we released a new logo and launched a new website at the end of 2010. The concept of the logo is to reflect our goal of always seeking better insurance solutions for out clients; and of growing with our clients as they move to ever larger projects. The new website allows us to provide information of interest to our target markets. Please visit www.johnsonese.com and send us your comments.
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Justin Timberlake Injury Forces Movie Shutdown |
I'm often asked by filmmakers about 'Cast Coverage'. Here's an example from Hollywood of exactly what this coverage is for. After Justin Timberlake suffered a leg injury shooting his new film "Now", the studio temporarily shut down production. A set insider told E! News that the shutdown would last about two weeks in all. Timberlake will not return to the set of Andrew Niccol's thriller until he is off crutches.
-E! On-line, December 6, 2010
You can imagine the costs involved with delaying a major film production for two weeks. Assuming that the production company had 'Cast Coverage', they would have been compensated by the insurance company for at least some of these costs.
Cast Coverage claims are paid to the production company, and not to the individual cast member as is a common misconception. Workers Comp is the type of insurance that makes payments to cast and crew members for injuries suffered on the set.
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Insurance Can Affect Casting Decisions | |
The production team behind "Inferno," a biopic of tragic '70s porn star Linda Lovelace, recently announced they had replaced their original star, Lindsay Lohan. For months, director Matthew Wilder touted the dynamic comeback performance the troubled starlet would unleash; this week he replaced her because of "the impossibility of insuring" Lohan.
The off-screen woes of an actor can drive up the price of the insurance policies that producers need to take out on their talent before they start rolling the cameras. These policies insure the risk that the talent will not show when shooting starts. (This is another issue relating to Cast Coverage that was discussed above.) Underwriters at insurance companies watch and read TMZ and Deadline Hollywood--they are aware of industry gossip.
Other examples include reports that Robert Downey Jr. was only able to get a role in "The Singing Detective" because co-star and pal Mel Gibson put up his own money as bond. Nicole Kidman was reportedly forced to drop out of "Panic Room" after a knee injury that shut down production of "Moulin Rouge" made Panic Room's insurers wary of her.
-The Washington Post, Tuesday, November 23, 2010 |
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Winter Driving Tips from The Hartford | |
For those of us living in the Great White North, it doesn't hurt to refresh our winter driving skills. Follow the link to a video with some safe driving tips from the Hartford, one of our insurance partners:
Hartford Driving Tips |
The Johnsonese Brokerage can assist you with most of your film and video insurance needs. To get started immediately call 773.857.0242 or Email info@johnsonese.com. Thanks, Christopher Johnson |
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About the Johnsonese Brokerage | The Johnsonese Brokerage LLC is a licensed and bonded independent insurance agency focused on insuring creative businesses.
Who we insure:
-Production Companies
-Independent Films -DICE Productions -Short-Term Productions -Editing Facilities -Recording Studios -Photographers -Prop Companies -Equipment Providers -Costume Companies -Film Festivals -Special Events
Upcoming Events:
-Creative Chicago Expo 2011, March 12, 2011, Chicago Cultural Center
We are licensed in the states of California (license #0G69323), Florida, Illinois, Indiana, Kentucky, Maryland, Michigan, Minnesota, Missouri, New Jersey, New York, Ohio, Pennsylvania, Texas and Wisconsin.
How are we doing? Your feedback is always welcome! |
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Common Insurance Terms
1. Business Income Interruption
Insurance that pays for loss of earnings when operations are curtailed due to loss of business property
2. Errors & Omissions
Insurance that pays for losses due to professional errors and oversights (also called Producer's Liability)
3. EDP Coverage
Insurance for Electronic Data Processing equipment (more commonly called computer equipment) and related storage devices and software |
Our Business Partners
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AmWins -
AXA -
Chubb -
CNA -
Hartford -
Insurance Noodle -
Markel -
Philadelphia -
Risk Placement Services
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