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Casino Magnate Wynn Pokes Lloyd's Over Damaged Picasso Offer

National News • January 15, 2007
The casino magnate who accidentally poked a hole in a Picasso painting said insurer Lloyd's of London has offered to settle his $54 million claim of lost value, but the talks aren't going the way ...

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Subject: What a crybaby!

Posted On: January 15, 2007, 1:40 pm CST
Posted By: An Actuary
Comment:
I find it difficult to believe that the policy would cover any kind of loss up to the limit. If the syndicate had any sense, they would have an exclusion for diminution of value caused by boneheaded insured actions while still covering cost of repair for such a peril. If that's the case, the $90K makes sense and Wynn's case won't get far.
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RE: RE: RE: RE: RE: Tough Call Roger Mount
Jan 22, 2007, 11:27 am
RE: The rest of the story ... more factual information Art N. Shuirer
Jan 15, 2007, 4:12 pm
The rest of the story ... more factual information Seen it all before
Jan 15, 2007, 3:56 pm
RE: RE: And my 1994 Toaster is worth Art N. Shurer
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RE: RE: Tough Call Lowell
Jan 15, 2007, 2:35 pm
Steve Whine ernie
Jan 15, 2007, 2:05 pm
Same comments/same problem Heard it before
Jan 15, 2007, 2:00 pm
Dear Mr. Wynn... KLS
Jan 15, 2007, 1:55 pm
RE: Painting Reader
Jan 15, 2007, 1:52 pm
RE: RE: RE: RE: Tough Call Art N. Shurer
Jan 15, 2007, 1:49 pm
What a crybaby! An Actuary
Jan 15, 2007, 1:40 pm
RE: RE: RE: Tough Call Hal
Jan 15, 2007, 1:40 pm
RE: RE: Tough Call Art N. Shurer
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RE: Tough Call How Much Did He Pay?
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Tough Call Smitty
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And my 1994 Toaster is worth Art N. Shurer
Jan 15, 2007, 12:59 pm
Painting Joe
Jan 15, 2007, 12:59 pm
RE: settlement Public Adjuster
Jan 15, 2007, 12:58 pm
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