As museums, galleries, and art dealers increasingly integrate technology into their operations, the neces...
Fine Art Losses – “Canvas” the Subrogation Landscape
If a fire or flood destroys a high-net-worth client’s fine art collection, an insurer who pays out a claim related to the loss has an incentive to...
If a fire or flood destroys a high-net-worth client’s fine art collection, an insurer who pays out a claim related to the loss has an incentive to...
Article / 2 months ago
Billionaire Ronald Perelman Spars With Art Insurers Over $410 Million Damage Claim - artnet
Ronald Perelman is demanding more than $400 million from insurers for a fire he says damaged five blue chip paintings.
Ronald Perelman is demanding more than $400 million from insurers for a fire he says damaged five blue chip paintings.
news.artnet.com /
Article / 2 months ago
Insurers Settle Dispute Over 'Trashed' Art Suit Coverage - Law360
A commercial liability insurer and a museum collections and loan insurer settled a suit in California federal court over defense and indemnity obligations owed in an underlying suit in the same court over supposedly "trashed" art.
A commercial liability insurer and a museum collections and loan insurer settled a suit in California federal court over defense and indemnity obligations owed in an underlying suit in the same court over supposedly "trashed" art.
law360.com /
Article / 3 months ago
CNA Insurance excludes NFTs from coverage of $20M trust policy - Coin Telegraph
The SEC filing defined NFTs as "any unique identifier connected to any digital ledger technology"...
The SEC filing defined NFTs as "any unique identifier connected to any digital ledger technology"...
cointelegraph.com /
Article / 7 months ago
Does a Shipper Have Duty to Obtain Sufficient Insurance for Goods?
In a dispute over artwork lost in transit, a New York federal judge has ruled that FedEx Ground was liable to the artist for the lost works but that...
In a dispute over artwork lost in transit, a New York federal judge has ruled that FedEx Ground was liable to the artist for the lost works but that...
Article / 1 year ago
France
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for France...
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for France...
Article / 1 year ago
Art & Specie
In a year that has seen flash floods, record high temperatures and wildfires, the physical protection of insured artworks has been a prominent issue in 2022...
In a year that has seen flash floods, record high temperatures and wildfires, the physical protection of insured artworks has been a prominent issue in 2022...
Article / 1 year ago
Seeking return of Van Gogh Sunflowers painting sold under Nazi coercion, German Jewish banker's heirs sue Japanese insurance company - The Art Newspaper
The banker's heirs claim that the current owner, which bought...
The banker's heirs claim that the current owner, which bought...
theartnewspaper.com /
Article / 1 year ago
Lloyd's Syndicates Sue Art Dealer Over Lost Russian Painting - Law360
A group of Lloyd's underwriting syndicates is suing an international art dealer over a...
A group of Lloyd's underwriting syndicates is suing an international art dealer over a...
law360.com /
Article / 1 year ago
Art Collectors, Insurer Spar Over $1.4M Theft Coverage - Law360
A New York couple urged a federal court on Wednesday to find that they should be awarded $1.4 million after a Chubb unit denied coverage of theft from their antiquities and art collection...
A New York couple urged a federal court on Wednesday to find that they should be awarded $1.4 million after a Chubb unit denied coverage of theft from their antiquities and art collection...
law360.com /
Article / 2 years ago