“When I get a referral from my team and they’re like, ‘Hey, we’re on season six of this, we’ve had five seasons of no loss, we’re on the same team,’ it’s a pretty easy approval to work on that project,” Burt said. “If we’ve seen a bad loss history on a project, we’re not necessarily keen to insure the sequel.”
What Hollywood’s sequel obsession reveals about risk – and why insurers are paying attention
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