Insurer Wrestles With Risky Movie
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March 2, 2009
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Insurer wrestles with risky movie
``The Wrestler'' star Mickey Rourke may have lost his toehold for a best leading actor Oscar to ``Milk'' star Sean Penn, but his performance did take one honor: riskiest film of those nominated for the 2009 Academy Awards.
Mr. Rourke starred in the story of Randy ``The Ram'' Robinson, a onetime celebrity grappler who is down on his luck and battling personal and health issues. It, pundits said, was a case of art imitating life for Mr. Rourke, a onetime boxer whose heyday was nearly two decades ago.
As an insurance concern, the film was the riskiest production among the 79 films nominated for the 2009 honors because Mr. Rourke, 56, did many of his own stunts-including very physical wrestling bouts and deliberately cutting himself to draw blood-amid glass shards, staples and barbed wire.
``As the lead actor in this film, if Rourke had a serious injury, it could have resulted in a delay or even halted production,'' said Joe Finnegan, vp of the entertainment unit of Novato, Calif.-based Fireman's Fund Insurance Co.
Fireman's Fund, a unit of Munich, Germany-based Allianz S.E., annually writes about two-thirds of the $300 million in gross premiums for U.S.-based film production companies, he said. In addition to standard business liability and property coverage, movie companies also secure coverage of the cast, crew, costumes and negatives.
``Fortunately, (Mr. Rourke) trained and practiced for months, and we worked with the production company-independent Fox Searchlight Pictures-to make sure adequate precautions were in place to mitigate the risk,'' said Mr. Finnegan, who heads a 40-member team and works at the Hollywood site of client Universal Studios.
Fireman's Fund also insured ``Milk'' and 45 other 2009 Oscar nominees.
Art Credit: Movie star Mickey Rourke performed many of his own stunts for his Oscar-nominated role as a former wrestler.
March 5, 2009
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March 2, 2009
END PAGE; Pg. 23
290 words
Insurer wrestles with risky movie
``The Wrestler'' star Mickey Rourke may have lost his toehold for a best leading actor Oscar to ``Milk'' star Sean Penn, but his performance did take one honor: riskiest film of those nominated for the 2009 Academy Awards.
Mr. Rourke starred in the story of Randy ``The Ram'' Robinson, a onetime celebrity grappler who is down on his luck and battling personal and health issues. It, pundits said, was a case of art imitating life for Mr. Rourke, a onetime boxer whose heyday was nearly two decades ago.
As an insurance concern, the film was the riskiest production among the 79 films nominated for the 2009 honors because Mr. Rourke, 56, did many of his own stunts-including very physical wrestling bouts and deliberately cutting himself to draw blood-amid glass shards, staples and barbed wire.
``As the lead actor in this film, if Rourke had a serious injury, it could have resulted in a delay or even halted production,'' said Joe Finnegan, vp of the entertainment unit of Novato, Calif.-based Fireman's Fund Insurance Co.
Fireman's Fund, a unit of Munich, Germany-based Allianz S.E., annually writes about two-thirds of the $300 million in gross premiums for U.S.-based film production companies, he said. In addition to standard business liability and property coverage, movie companies also secure coverage of the cast, crew, costumes and negatives.
``Fortunately, (Mr. Rourke) trained and practiced for months, and we worked with the production company-independent Fox Searchlight Pictures-to make sure adequate precautions were in place to mitigate the risk,'' said Mr. Finnegan, who heads a 40-member team and works at the Hollywood site of client Universal Studios.
Fireman's Fund also insured ``Milk'' and 45 other 2009 Oscar nominees.
Art Credit: Movie star Mickey Rourke performed many of his own stunts for his Oscar-nominated role as a former wrestler.
March 5, 2009
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