'Holy smoke, the pope just canceled!'
In most cases, underwriters require a medical exam and exclude pre-existing health conditions from coverage before they insure a celebrity for non-appearance.
But there are exceptions, as Moore found out 20 years ago.
"I once insured Pope John Paul (II). He was coming to America, and the Catholic churches in the five boroughs of New York City spent a lot of money building altars and bleachers and renting bus companies in preparation," he recalls. "We knew you can't get a medical exam on the pope, so we found a Catholic underwriter who agreed to write the policy without one."
The churches would soon be thankful he did.
"The pope canceled. He had a pre-existing condition -- he had fallen and broken his leg -- and just three weeks before the trip, he said, 'You know, my leg just isn't healed, I'm not coming,'" Moore says.
Settling this no-show claim proved tricky.
"While he had a pre-existing condition, he didn't have a medical exam because the underwriter said he didn't need one," Moore recalls. "It was a very large claim, millions and millions of dollars."