
Insurer Lloyd's has defended refusing to pay out a policy to the organiser of the axed 2019 Subsonic music festival, arguing the nearby Black Summer bushfires were not the only reason the event was cancelled, a court has heard.
The organiser of the festival, which was to take place in the NSW Hunter region, is suing Lloyd's in Federal Court for around $900,000 after the insurer said the event could still have gone ahead despite bushfires raging in the area.