Lloyd's of London is suing the Michael Jackson Company and AEG over an insurance policy that was taken out for Michael Jackson's performances in London, which never happened due to the superstar’s sudden death.
LLoyd's accuses AEG, the concert promoter, of withholding witness statements, and "other information necessary to determine AEG's entitlement to coverage under the policy," according to the lawsuit.
The insurance policy that was taken out on behalf of the former King of Pop for $17.5 million dollars, which Lloyd's doesn't think it should have to pay because it was never revealed to them that Jackson was taking prescription drugs and Propofol.