The story of University of Hawaii’s bungling of a benefit concert supposedly featuring Stevie Wonder keeps unraveling.
Hawaii News Now reports that UH turned down cancellation insurance after handing over a $200,000 payment for a concert that the university later learned wasn’t authorized by Wonder’s representatives:
The insurance coverage was proposed by Doodson Insurance Brokerage of Dallas, Texas and would have provided up to $1 million dollars of coverage for losses that could have included the concert’s projected profit. Local promoter Bob Peyton says he arranged for the insurance but UH never paid the $17,000 premium, so the insurance did not take effect.
Athletic Director Jim Donovan and Stan Sheriff Center manager Rich Sheriff have been placed on leave. The FBI has been called in. Still no luck recouping the money.
A sample of Internet headlines on the debacle: