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Lloyd's of London: MJ Lied, So We Won't Pay

6/6/2011 3:19 PM PDT BY TMZ STAFF

Lloyd's of London has gone to court ... asking a judge to let the company off the financial hook, claiming it doesn't owe the Michael Jackson Estate $17.5 million on grounds MJ was a fraud.

1102_michael_jaCKSON_GETTY_EX

The company issued the muilti-million dollar policy to cover the doomed "This Is It" tour for losses. 

But Lloyd's claims it doesn't have to honor the policy for 2 primary reasons:

1.   Michael Jackson and AEG allegedly lied about Michael's medical history -- specifically, MJ said he had not seen a doctor other than a cosmetic MD since June, 2005.

2.  Michael did not disclose he was taking prescription drugs prior to and at the time of his death -- including Propofol.

Lloyd's is asking the court for a declaration that the policy is null and void as a result of the alleged fraud.

Howard Weitzman, the lawyer for the Estate, tells TMZ, "This legal action is nothing more than an insurance company trying to avoid paying a legitimate claim by the insured."



222 COMMENTS

No Avatar
76.

kim    

To anyone who wants to read the court do***ent, radaronline posted it:

http://www.radaronline.com/sites/radaronline.com/files/MJ-Lloyds.pdf


Hello HN

1233 days ago
77.

Janar    

Rastus 30 minutes ago

MJ signed all his do***ents in little boy urine. This way it was hard to prove anything he agreed upon.
______________________________________________________

Yeah, and some of that little boy urine was YOURS right? Don't lie!!!

1233 days ago
78.

HumanNature    

Janar

YOU GOT ME LOL!!!!

1233 days ago
80.

en Todo Momento!!    

wow. llyods must be broke, if they are refusing to pay out a claim to MICHAEL JACKSON!!! omg, now how pathetic is that. they used to be one of the biggest names in insurance policy. now they are probably begging other people for money. once upon a time, i head, you could insure a ping pong ball at llyods. i guess those days are ova!!

1233 days ago
81.

TatumMarie    

@ javier
of course THESE HATERS are going to be on team lloyd bunch of morons. i going with hmm theres is no case ,the judge will just throw away the stupid lawsuit because they are no different form everyone trying to get $$ of michael. plus wow really after 2 years they are going to sue, what a bunch of dumb asses .

Totally agree, these haters along with TMZ are idiots.

1233 days ago
82.

HumanNature    

LLOYDS IS GOING AFTER LYING AEG!!!

LLOYDS ALREADY PAID $3 MILLION TO MJ ESTATE!!!!

1233 days ago
83.

kim    

Phantom, great video pick as always. Any video from the Bad Tour gets an A+

1233 days ago
84.

HumanNature    

Insurer seeks to void policy for Jackson shows

LOS ANGELES – The insurer of Michael Jackson's canceled comeback concerts has asked a judge to nullify a policy intended to protect concert promoters if the singer wasn't able to complete the shows.

Lloyd's of London sued AEG Live and Jackson's company on Monday, claiming the concert promoter has failed to provide necessary medical information and details about the physician charged with the singer's death.

Lloyd's issued a non-appearance and concert cancellation policy in April 2009 — roughly two months before the pop superstar died. It was issued under an alias, "Mark Jones" and was supposed to cover up to $17.5 million in liability, according to the lawsuit.

The promoter should have informed Lloyd's what it knew about the singer's medical history, "including but not limited to, his apparent prescription drug use and/or drug addiction," the suit states.

Within days of the singer's death, an attorney for AEG submitted a claim with Jackson's death certificate, the suit claims.

The insurer states a medical exam of Jackson required by the policy was never conducted, and that they should not have to pay out for the canceled shows scheduled for London's O2 arena.

An email message seeking comment from AEG spokesman Michael Roth was not immediately returned.

Lloyd's lawsuit claims it has been seeking certain information from AEG about Jackson and his personal physician, Dr. Conrad Murray, since December 2009.

Murray is scheduled to go on trial later this year for involuntary manslaughter in connection with Jackson's death. Authorities claim he administered a lethal dose of the anesthetic propofol to Jackson in the bedroom of his rented mansion, although Murray has pleaded not guilty and his attorneys have said he did not give the singer anything that should have killed him.

The cost of canceling the London shows was one of the major debts facing Jackson's estate after his death.

_http://news.yahoo.com/s/ap/2011060...6/ap_en_ot/us_michael_jackson_insurance_suit

1233 days ago
85.

Candice    

The two older children are the children are Dr. Arnold Klein: (1) the children look like him; (2) the children spent the holidays with him; (3) Arnold tried to fight for their "schooling; (4) Michael Jackson was devoted to Arnold Klein.

As for Lloyd's, Michael Jackson and AEG lied and the insurance company should refuse to pay.

1233 days ago
86.

HumanNature    

IF CON "QUACK" THE MURDERER WAS DOING WHAT MJ TOLD HIM TO DO!!!

THEN WHY IS THE "QUACK" ON TRIAL FOR MANSLAUGHTER?????

CON "QUACK" THE MURDERER STILL DOES NOT HAS/HAVE A DEFENSE

TRIAL DATE: SEPTEMBER 20, 2011

1233 days ago
87.

emerald    

I'm not an MJ hater, but let's be realistic here hm?! There is not an insurance company in existence that won't check out every little deal and have included something somewhere in the small print that your house being hit by a hurricane is an act of God and therefore they're not paying up lol!! They want your money but if you happen to live too long they refuse to carry on insuring you and you lose all the money you've already paid them!!
As for Lloyds well, all insurance companies would have done the same especially as the legal case was that MJ asked the Doc for the Propofol, probably wanted to die, was sicker than we knew, was not actually fit enough to do the shows he was insured for and lied about being addicted to drugs (yes, I know he couldn't tell!!), was not physically fit!!
You think Lloyds is being harsh, ask the people of New Orleans who's insurance companies won't pay out for them to rebuild their destroyed houses and who are still fighting the insurance companies for a payout even now, how harsh they feel that decision over MJ is compared to their own!!

1233 days ago
88.

Maximus    

The Neko Nation 11 minutes ago

It is the sick freaks like Whacko Jacko who believe that child molestation and abuse is acceptable. Especially if it was done by Michael Jackson. It scares me to think of what these sick bastard do with their own children.

============================================================

I had one MJ fanatic tell me that he would never ever allow a grown-ass man to have sleepovers with his pubescent children, but that he had no problem letting his children sleep in the same bed with Jacko. Unbelieveable, right? Unfortunately it's precisely this kind of cognitive dissonance that allowed MJ to molest so many children and escape justice. The fanatics have aided and abetted MJ's abuse; and, since the death of their messiah, they have been busy trying to rationalize, excuse, and whitewash MJ's history of abuse.

1233 days ago
89.

MiMi    


Jackson was scheduled for a second physical

The British carrier underwriting the majority of the risk for the pop star's planned comeback concerts insisted on follow-up tests by a London physician.


August 07, 2009 Harriet Ryan


Michael Jackson was scheduled to undergo a second physical by an insurance company doctor at the time of his death, according to the terms of the policy purchased by the promoter of his planned comeback concerts in London.

A New York doctor gave Jackson a battery of medical tests in February so promoter AEG Live could get insurance for a portion of the performances, but the British carrier underwriting the majority of the risk, Lloyd's, insisted on a follow-up physical by a London physician closer to the July 13 kickoff show.

http://articles.latimes.com/2009/aug/07/local/me-jackson-...

1233 days ago
90.

Puckett    

My God, the Micheal Jackson universe, it's full of idiots...

1233 days ago
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