Paul Walker’s untimely death could result in the largest insurance claim in movie industry history.
Universal is expected to file a record-breaking insurance claim totaling roughly $50 million to offset the costs of finishing Fast & Furious 7. The movie originally had a $200 million budget, but finishing the film could end up costing $250 million after delays in production and having to use new special effects to replace Walker.
Production on Fast & Furious 7 is ending nearly four months behind schedule and now the question is whether or not Universal’s insurer, Fireman’s Fund, will cover the excess costs as a result of Walker’s death.
[Source: Hollywood Reporter]