Insurance company files fraud lawsuit against recording studio - WMC Action News 5 - Memphis, Tennessee

Insurance company files fraud lawsuit against recording studio

The studio caught fire in November 2015. (Source: WMC Action News 5) The studio caught fire in November 2015. (Source: WMC Action News 5)

An insurance company filed a lawsuit against the owners of a Memphis recording studio that burned down last year.

In November 2015, the KIVA recording studio on Rayner Street caught fire. Memphis police said someone broke into the building, spray painted it, and set it on fire. Investigators said more than $1.25 million worth of damage was done to the building.

The building had just been bought by Tattooed Millionaire Entertainment. Hanover Insurance originally paid the owner, Christopher Brown, around $3 million. However, Hanover claims that more than $10 million in recording equipment it had insured did not exist.

Hanover is asking Brown to pay back $2.3 million and for two others who leased the building to pay $250,000 each.

Hanover is also asking a judge to revoke its coverage of the studio.

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