Incredibly low coverage for a business like that. They went on the cheap and were lax on safety and will pay a big price.
Specifically the life of Alec Baldwin - producer - will never be the same before and after this mess is settled.
“Specifically the life of Alec Baldwin - producer - will never be the same...”
While the insurance is limited to 6 million, what it means in practice is that the insurance company will pay up to 6 million to defend the insured against any action.
What you want is for your lawyers to show up and get paid. That is what the insurance guarantees. More important that indemnifying a judgement.
Not really that low in terms of liability coverage. Typical really.
If you put intelligent people in key positions you can still hire idiots and be somewhat safe but Baldwin looks to have hired only idiots.