Hello Filmmakers! Welcome to the eighth 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.
At the Johnsonese Brokreage we're ready to find cost effective insurance solutions for all of your film projects. Our small business can work quickly to meet your production schedule! Contact us for all your film insurance needs. We provide same day turn around on most film production applications. And we can also issue the policy that same day! Plus, we normally provide requested certificates of insurance within 24 hours.
And since we know that summer is film season, we will not be taking any summer vacation. We'll be available all summer and fall to support your production insurance needs!
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Filmmaker Client Sucessfully Utilizes Kickstarter | |
We are pleased to say that one of our filmmaker clients has successfully used Kickstarter to fund a film project. Left Brain/ Right Brain Productions of Chicago raised over $25,000 for a documentary film titled I Am the Water, You Are the Sea.
Directed by Left Brain/ Right Brain's Malachi Leopold, the film tells the true story of two lovers: Alex, an American Peace Corps volunteer; and Ali, an Iranian Muslim. As of this writing, the two have been separated for more than 33 years. But this Fall they will be reunited. I Am the Water, You Are the Sea will document their reunion, in addition to telling the epic true story of their forbidden love in Iran in the 60's and 70's.
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Chicagoland Theater Sues Porn Star | |
A suburban Chicago movie theater owner is suing adult film star Jenna Jameson, alleging she faked sickness in order to skip appearances and instead attend the birthday party of celebrity blogger Perez Hilton in late March. In a lawsuit filed in May, owners of the theater allege the actress canceled and refused to reschedule after the chain spent "thousands" of dollars to promote appearances by Jameson.
The suit claims hundreds of tickets were sold in advance, and the theater stood to make "tens of thousands" on the event, in which Jameson was to get a minimum $10,000 cut in addition to first-class airfare and hotel stays. A book signing was also scheduled, as was a screening of her 2008 film "Zombie Strippers!"
The suit alleges the plans folded when an agent for Jameson said the actress had a "medical emergency" that prevented her from traveling. The suit states that the cinema received a "vague doctor's note," but later learned she allegedly attended "Perez's Blue Ball" in Hollywood after pictures surfaced on the Internet. The suit also alleges that Jameson refused to reschedule the event, which was part of her contract if she were to miss the original event.
-Chicago Tribune, June 2, 2011
This story has two morals. First, it's a reminder that celebrities can be difficult to deal with. Second, in the Internet era no one has secrets.
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Can Insurance Companies Make the World Greener? |
CNA Insurance, one of our insurance partners, is offering a new product that does just that.
The "CNA EcoCareŽ Property Upgrade Extension Endorsement for Small Business" provides for green building upgrades as a result of a covered loss to a building or contents. Normally when buildings are destroyed by fires or storms, insurance pays to re-build them as they were before.
With this endorsement a building can be re-built using green technologies, even at higher costs than typical construction methods.
Automatic additional coverages include:
ˇ Vegetative roofs
ˇ Recycling additional expenses
ˇ Architect and engineering expenses
ˇ Certification or recertification expenses
ˇ Ventilation of reconstructed buildings
Similarly, Hartford offers a feature with its Commercial Auto coverage that will pay you extra if you replace a totaled vehicle with a hybrid. Under the company's broad form endorsement, you can receive an additional 10% of the Actual Cash Value of your old vehicle, up to $2,500, to pay for the upgrade. 
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'Weird' Insurance Policies | |
Since it's summer I thought we should have a little fun--well at least as much fun as you can have in an insurance newsletter. According to Fox Business, these are some of the "weirdest" insurance policies in existence.
Who would insure "Ugly Betty" star America Ferrera's smile for $10 million? NFL star Troy Polamalu's locks for $1 million? Supermodel Heidi Klum's legs for $2.2 million? In order: Aquafresh, Head & Shoulders and Braun. Big insurance makes big headlines for the manufacturers that pay celebrities big bucks to promote their products. Despite their eye-catching face value, such promotional policies are quite reasonably priced for one simple reason: They're unlikely to ever pay out. Lotion companies, for example, are famous for insuring their leg models' legs for a million dollars. Such a policy might only cost $1,000.
If Rolling Stones guitarist Keith Richards jams a finger and can't perform the opening riff to "Start Me Up," he has a $1.5 million disability income insurance policy to back him up.
Entertainers and professional athletes sometimes insure their best asset against loss of income if they're unable to perform. Notable body-parts policies include soccer star David Beckham's $70 million legs, Bruce Springsteen's $6 million voice, "Lord of the Dance" Michael Flatley's $40 million lower half and KISS front man Gene Simmons' $1 million tongue.
When Hollywood's A-list gathers at Oscar time, major special lines insurers are glued to their TV screens, hoping the Academy Awards come off without a hitch. The Oscar celebration itself is insured for everything from a towering inferno to terrorism as well as much of its sparkle. In fact, in 2004, Lloyd's of London was on the hook for $38 million for the combined jewelry adorning Oscar guests.
Weird insurance and Hollywood go way back. In the 1920s, comedic film star Ben Turpin insured against his trademark crossed eyes suddenly uncrossing for $20,000 (they never did). Marlene Dietrich and Betty Grable insured their legs; Bette Davis her waistline. One studio even took out a $1 million policy against the possibility that one of its actresses would fall in love and get married before her contract was up. During the early 1900s, one studio insured filmgoers against death from excessive laughter at the movies.
-Fox Business, May 06, 2011
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Use Extra Caution Around Pool Chemicals This Summer | |
Every summer mishandled pool chemicals result in thousands of injuries and emergency room visits across the country, according to the federal Centers for Disease Control and Prevention and other sources.
Here are some safety tips from industry professionals.
1. Read and follow package directions
2. Don't mix chemicals in the house
3. Don't combine different pool chemicals (i.e., algaecides
& chlorine)
4. Add the chemical to the water, and never pour water into
chemicals
5. Wear eye goggles and gloves when applying pool chemicals
6. Use a dedicated scoop for each chemical container
7. Don't combine materials between "new" and "old" containers
8. Store chemicals in sealed containers in an exterior shed or
tub
9. Don't leave chemicals in the sun
10. Keep chemicals out of children's reach
11. Don't store chlorine near stainless steel objects, such as
pool ladders
-Staten Island Live, August 08, 2010
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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
We are licensed in the states of Arizona, 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. Auditable
Some insurance policies are auditable. This means that the insurance company has the right to review the insured's results for the policy period and adjust the premium upwards or downwards as necessary.
2. Minimum Earned Premium
This is the portion of the policy premium that is non-refundable. Even if the policy is cancelled early by the insured, the insurance company is entitled to retain at least this portion of any pre-paid premium.
3. Premium Finance Agreement
This is basically a short-term loan covering some portion of a policy premium. This loan gives the insured the option of making payments for a policy that requires pre-payment of the full premium. The agreement is usually from a third-party finance company and interest charges do apply.
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We are Now Licensed in Arizona!
At the Johnsonese Brokerage we pride ourselves on customer service. When a California client recently moved to Arizona, we obtained our local license in order to follow them.
Tell your friends in Arizona that we are ready to insure them!
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Our Business Partners -
AmWins -
AXA -
Chubb -
CNA -
Hartford -
Insurance Noodle -
Markel -
Philadelphia -
Risk Placement Services
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We Appreciate Referrals!
As a service business, referrals are our biggest source of new clients.
If you know of any other filmmakers needing insurance, please let us know. We promise to give them the same personal and professional service that you've come to expect from the Johnsonese Brokerage. |
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