Was Michael Jackson technically uninsurable?
Lloyd's of London is suing concert promoter AEG Live, which was putting on the late star's This Is It tour, to void a $17.5 million policy, arguing that AEG did not come clean about Jackson's various health issues, including his reliance on prescription medication.
Jackson died June 25, 2009, two months after Lloyd's insured his 50-date engagment London's O2 Arena. The insurance company claims it's been trying to get more information out of AEG about Jackson and Dr. Conrad Murray, who's been charged with involuntary manslaughter, since December 2009.
The L.A.-based company has not yet responded to the Lloyd's complaint, but presumably it's been counting on the payout after millions were invested in putting on a concert series that tragically never happened.
AEG should have disclosed everything about Jackson's health to Lloyd's, the lawsuit states, "including but not limited to, his apparent prescription drug use and/or drug addiction."
Jackson died following an acute overdose of the sedative propofol. Murray has pleaded not guilty to manslaughter and his legal team suggested during a preliminary hearing that it's possible the King of Pop pushed the plunger on the fatal dose himself.