Kim Kardashian Robbed ! ~ Insurance and Subrogation ! ? !
Posted on the 05 October 2018 by Sampathkumar Sampath
She would
need no introduction as most would have fondly seen her photos .. A post on ‘Kim
Kardashian’ ~ linking something to Insurance !
Kimberly Noel
Kardashian West - is an American reality television personality, always hogging
limelight. Kardashian first gained media
attention as a friend and stylist of Paris Hilton, but received wider notice
after a 2003 sex tape with her former boyfriend Ray J was leaked in 2007. Later
that year, she and her family began to appear in the E! reality television
series Keeping Up with the Kardashians. Its success soon led to the creation of
spin-offs including Kourtney and Kim Take New York and Kourtney and Khloé Take
Miami. Kardashian's personal life soon became subject to widespread media
attention.In recent past, she has grown
an influential online and social media presence, including tens of millions of
followers on Twitter and Instagram. She has released a variety of products tied
to her name, including the successful 2014 mobile game Kim Kardashian:
Hollywood, a variety of clothing and products, and the 2015 photo book Selfish.
Time magazine included Kardashian on
their list of 2015's 100 most influential people, while Vogue described her in 2016 as a
"pop culture phenomenon." Recently, she successfully lobbied US
President Donald Trump to pardon grandmother Alice Johnson over a non-violent
drug charge.
Subrogation
:a principle in Insurance – one would
often hear ‘Insurer stepping into the shoes of the insured after payment of
loss, meaning, acquiring the right of policy holder to proceed against any
party responsible for the loss and trying to recover the amount paid (but
restricted to the value paid and not entitled to more than that).The insurer (insurance company) has legal right to
claim any future gains from the property for which a claim is being paid for
any recovery and/or settlement. Subrogation is a right that a person has of
standing in the place of another and availing himself of all the rights and
remedies of that another, whether already enforced or not. A right of subrogation typically arises by
operation of law, but can also arise by statute or by agreement. Subrogation is
an equitable remedy, having first developed in the English Court of Chancery.
The examples
that often cited are : Marine Cargo claims, when paid – Insurer acquiring the
rights and proceeding against the Carrier for recovery. Such recoveries can be
against bailee (CFS / Port) when loss occur in their premises though the conditions
under which such enforcement is likely would differ.Theoretically, a fire emanating from
neighbouring premises, there is right of subrogation against that premise
holder !! ~here is a totally different interesting subrogation claim by
Insurer involving Kim Kardashian.
In 2016, On Sunday
night, the famousrapper Kanye West took the stage at the inaugural The Meadows
Music & Arts Festival in Queens, only to cut his headlining set short due
to a "family emergency." The
news later came that his wife, was held at gunpoint and robbed during her stay
in Paris.Kanye West's assistant broke
the news to him about an hour into his show, just as he launched into
Heartless. The interruption earned some NSFW reactions from fans, already
frustrated with the rapper after he showed up 30 minutes late for his set. The shocking robbery in her Paris lodgings last
night, his famous wifemay have had a
dazzling ring worth £3.5million stolen from her. The reality star Kim was
reported to have been robbed of £8.5million[in Indian Rs. 72.50 crores !] of jewelry including the sparkler which
was her second engagement ring designed by her husband Kanye West.
The luxury
residence where the womanwas robbed at
gunpoint was so exclusive it was known as the 'No Address France' locally. The
reality star, 35, had millions of dollars worth of jewelry stolen by five
armed masked men while staying at l'Hotel de Pourtalès, which is located in
Paris' 8thdistrict. Its popularity with
celebrities earned it this nickname, because it is not widely advertised – its
website requires a log-in to even view - and attracts customers discreetly
simply through word of mouth.But .. .. its high security could not stop,
the famous dame being attacked in the early hours of this morning. The men
stole a jewelry box worth €6 million ($6.7 million) and a ring worth €4
million ($4.5 million), prompting fears that the valuables were personal ones,
and not just jewelry.Reports suggested
that ataround 2.30am, the robbers
entered the building after the concierge let them in. Handcuffed and at
gunpoint, he then had to lead them to the starlet's flat.They entered her room, threatened her with a
weapon, tied her up and locked her in the bathroom.
Some reported that
a crime gang - the Pink Panthers were involved in the robbery at Kim's home - a
luxury block apartment block called Hotel Pourtalès - they would have done
their homework; they probably monitored Kim's social media and may have seen
the jewelry she was wearing in Paris after she Snapchatted a picture.
Recently
there was a news that Kim Kardashian dropped a court case against a website
that claimed she staged an armed robbery in Paris. Her lawyer said the two
sides had resolved the issue. The reality star said she would take US celebrity
gossip site MediaTakeOut to court but reportedly dropped the case after it issued an apology. The
site reported the 35-year-old had faked being robbed at gunpoint at a luxury
apartment in the French capital earlier this month. The publication also
accused her of making a fraudulent insurance claim for millions of dollars of
jewellery.
Now comes an interesting
news that the bodyguard who bailed on
Kim Kardashian just before she was
robbed at gunpoint in Paris is being sued ... media reports suggest that Pascal
Duvier and the company he worked for -- PROTECTSECURITY -- are being sued by
Kim's insurance company for $6.1 million ... the amount the insurance company
paid Kim for the stolen jewelry that was taken at gunpoint October 3, 2016 at a
Paris hotel.It is reported that Duvier left the hotel room and followed
Kourtney and Kendall to a nearby club, leaving Kim without security. The
lawsuit also claims there were a number of security breaches in the hotel the
bodyguard failed to correct. Among other things, the front gate to the
courtyard of the hotel was missing a lock, and the intercom to the door was not
functioning ... things the bodyguard should have flagged.
The
lawsuit, (subrogation recovery) filed by AIG, claims the breaches allowed the
masked gunmen to enter the hotel and make their way up to Kim's unit, where she
was gagged, tied up and put in a bathtub. The lawsuit blasts
the concierge for not having any security training, but neither he nor the
hotel are being sued. You'll recall he was held at gunpoint and taken up to
Kim's unit where he unlocked the door. Kim is not
suing ... AIG paid Kim's claim and is now going after the individual and
company it believes were negligent and caused the robbery.They are reportedly being sued for $6.1m
(£4.7m) by the celebrity's insurer after she was robbed in Paris two years ago.
The Insurer had paid for the cost of the jewelry stolen in the incident.
AIG's
lawsuit, filed in Delaware, reportedly claims the bodyguard and his firm left
the celebrity alone in her room. According to celebrity website TMZ, the suit
also alleges there were numerous security breaches - including a missing or
broken lock and a broken intercom system - which they think should also have
been addressed. French police arrested 10 people in January 2017 in their hunt
for the gang of robbers.A case of
Insurer enforcing the subrogation rights !!
Interesting !
With regards – S.
Sampathkumar
5th Oct
2018.