Production companies have insurance, and Baldwin’s personal assets differ from the company’s assets.
That’s my understanding, but I’m not a lawyer. Anybody here know?
Yes, the assets of Baldwin and the production company are separate. Both Baldwin and his production company have been sued. Each will have insurance coverage and each will be responsible for any judgments against them to the extent they exceed insurance coverage. He has already settled with the decedent's family.
I heard he self insured his low budget western.
I think his production company him personally can be sued. Insurance company may or may not pay out but Baldwin personally, likely will.