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Media (Print/Radio/TV) Professional Liability. The right to publish and broadcast freely is
always in jeopardy. Just the threat of litigation can quickly silence an individual or media
company. Moreover, huge punitive damage awards can destroy the financial base of any publisher
or broadcaster, regardless of size. Media liability insurance protects the insured against
claims arising out of the communication of information.
Although the First Amendment provides important defenses to the media, the costs of vindicating
those defenses in court can be staggering. In addition to defense expenses, jury awards against
media organizations can be significant, and the size of the average award is increasing.
In particular, news organizations have seen an explosion in the variety of legal claims asserted
against them, going far beyond "traditional" - media claims like libel and invasion of privacy.
Increasingly, plaintiffs' lawyers are resorting to novel and innovative claims in an effort
to sidestep these constitutional defenses. "We don't need libel insurance because we don't
publish anything controversial" is a justification commonly provided by small publishers
for not buying media liability insurance. But some litigious types can find controversy
in just about anything.
Covered Classes are:
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Advertiser
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Advertising Agency
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Author
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Book Publisher
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Broadcaster
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Magazine Publisher
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Multimedia
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Newspaper Publisher
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Radio, TV and Film Producers
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Comprehensive coverage
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No Settlement "Hammer" clause
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No exclusion for "Internal" copyright disputes
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Protection for confidential sources and other information
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Choices betwen Indemnity and Duty to Defend
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Occurrence form available
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Trademark coverage available
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Defense inside or outside the limit available
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Multimedia coverage
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