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The Girl with the Pricey Insurance

Posted on Feb 13, 2012

(From THE WALL STREET JOURNAL)

"The Girl With the Dragon Tattoo" has already been nominated for five Academy Awards. Now comes a slightly more dubious distinction: the award for riskiest movie of the year.

Motorcycle chases, skateboard stunts and months of filming on location in Sweden all helped the U.S. adaptation of the Stieg Larsson novel earn the annual honor from Fireman's Fund, the company that insures four of every five movies to come out of Hollywood.

Other movies had risky stunts and explosions, but "this one had it all," said Wendy Diaz, the insurance company's entertainment-underwriting director.

Insurance coverage is essential to any major movie: A single lost day of production if a star gets hurt can cost $250,000 or more, Ms. Diaz said.

Fireman's Fund, a unit of Munich-based Allianz SE, will often review dry runs of planned explosions or examine footage of actors as they demonstrate how proficient they are at potentially risky activities -- like riding a motorcycle or a skateboard.

"The producers of the movie don't want to lose their actor either," said Ms. Diaz. "We work together to decide what's OK and what's not controllable."

"The Girl With the Dragon Tattoo" from Sony Pictures, has grossed about $200 million world-wide and $100 million in North America. A Sony spokesman declined to comment.

Last year's winner of the Fireman's Fund award for riskiest movie was "Salt," a thriller in which star Angelina Jolie did her own stunts.

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