As followers of entertainment news are well aware, Kanye West suffered a mental breakdown late last year. After some weird behavior at several of his tour stops, he put the kibosh on the whole thing.
Interestingly enough, tours are often insured for cases of cancellation. The problem is that everyone seems to be having a hard time deciding if Kanye’s mental breakdown qualifies under the terms of the insurance.
From Kanye West’s standpoint, insurers Lloyd’s of London haven’t paid up. And they should be. The rapper says they owe $10 million under breach of contract.
The suit says Lloyd’s hasn’t provided “anything approaching a coherent explanation about why they have not paid, or any indication if they will ever pay or even make a coverage decision, implying that Kanye’s use of marijuana may provide them with a basis to deny the claim and retain the hundreds of thousands of dollars in insurance premiums paid by Very Good [West’s company].”