No Insurance for 50 Cent
Thanks to a big diss by his insurance company, 50 Cent could be out some major pocket change.
National Fire Insurance has reportedly ruled it will not cover upt to $10 million in damages the rapper may face should he lose a lawsuit brought by a disc jockey.
Richard "DJ Zxulu, the Big-Lipped Bandit" Dunkerson sued Fiddy last year, claiming the hip-hopster's G-Unit posse assaulted Dunkerson after a January 2005 interview at 93.9 WKYS-FM in the Washington suburb of Lanham, Maryland.
Dunkerson poked fun at a wireless cell phone headset being worn by a member of Fiddy's entourage, saying it made him look like a Vulcan on Star Trek, according to the New York Post. The radio host then put his hand in the air in a Spock-esque salute and said, "Greetings, my Vulcan brother."
Once the interview was over, police allege Zxulu was attacked by members of G-Unit's posse, who punched and kicked him and supposedly swiped his phone. Dunkerson also claims that the G-Unit track "Hate It Or Love It" ridiculed him and boasted of the D.C. smackdown.
The Post reports that Fiddy, whose real name is Curtis Jackson, waited over a year before reporting the assault case against him, giving National Fire an out to invalidate the rapper's coverage. As a result, the insurance firm is no longer required to indemnify Fiddy should he lose the civil suit.
There was no immediate comment from the hitmaker's publicist, Evette Gayle, or National Fire.
At least 50 Cent should be able to come up with the cash in case he loses. Aside from a new album, Before I Self Destruct, slated to drop in March, the rapper is continuing his acting career.
In February, he teams up with Robert De Niro for New Orleans, in which the two will play two narcotics cops who become unwitting partners in the aftermath of Hurricane Katrina. The rapper is also attached to costar with Nicolas Cage in the boxing flick The Dance, due out in 2008.
Fiddy will next be seen on the big screen opposite Jessica Biel and Samuel L. Jackson in director Irwin Winkler's war drama Home of the Brave, about three soldiers have a hard time adapting to life at home after returning from Iraq. The film opened last weeked in extremely limited release to qualify for the Oscars before going wide Jan. 7.
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