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Insuring the Wild and Famous

From Charlie Sheen’s recent, eccentric behavior to Lindsay Lohan’s run-ins with the law to Tiger Woods’ reputation damage, insuring the rich and famous (and sometimes out of control) has never been easy. PropertyCasualty360.com takes us on a wild ride to look at specific insurance issues that affect those with a lot of money and, sometimes, a lot of risky behavior.

Insuring Charlie Sheen

By now, you have probably heard that, most of the time — and this includes naps — Charlie Sheen is an F-18, bro, that will destroy you in the air and deploy his ordinances to the ground. In common English, what this means is that the star of the top-rated U.S. television show has increasingly appeared unhinged of late, following up a long, decadent stint of heavy drug use and extravagant partying with a series of interviews in which his barrage of non-sequiturs and eccentric philosophizing has led many to think he has lost his mind.

So, as with some other troubled celebrities we have profiled in the past, the insurance-related question becomes: is Charlie Sheen insurable?

The antics of major Hollywood actor Charlie Sheen have resulted in the cancellation of a multimillion-dollar production and put an entire cast and crew out of work, begging the question: Can this actor still be insured?

Broker to the stars Lorrie McNaught, vice president with Aon/Albert G.

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Ruben, the retail entertainment division of Aon Corporation, located in Sherman Oaks, Calif., responded.

“The short answer is yes, absolutely.

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Everything is insurable and it usually comes down to two things: price and the experience of the broker helping to underwrite the exposure.”

All a carrier need do, then, is find a broker capable of underwriting Vatican assassin warlocks with battle-tested bayonets. Good luck with that.