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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 | Posted By | Posted On |
|---|---|---|
| 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 | Jan 15, 2007, 3:13 pm |
| RE: And my 1994 Toaster is worth | Bunny | Jan 15, 2007, 3:06 pm |
| Slime Ball Jerk | Age Old Broker | Jan 15, 2007, 2:41 pm |
| 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 | Jan 15, 2007, 1:32 pm |
| RE: Tough Call | How Much Did He Pay? | Jan 15, 2007, 1:25 pm |
| Settlement | Public Adjuster | Jan 15, 2007, 1:23 pm |
| Tough Call | Smitty | Jan 15, 2007, 1:15 pm |
| 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 |
| RE: settlement | J | Jan 15, 2007, 12:55 pm |
| RE: settlement | average Joe agent | Jan 15, 2007, 12:55 pm |
| RE: settlement | Bulldogg | Jan 15, 2007, 12:54 pm |
| RE: settlement | mel | Jan 15, 2007, 12:53 pm |
| settlement | rjm | Jan 15, 2007, 11:51 am |
| Back to article | ||
Subject: RE: RE: RE: RE: Tough Call
Physical damage coverage is supposed to pay unexpected, accidental loss regardless of whether it was caused by the owner or another party. It becomes incumbent upon the carrier to make sure that the offer to purchase the item (forget Wynnes purchase price) was legitimate and not the first step in an insurance scam.
Just because my Grandma offered Steve a cool $140mil doesnt mean she can afford it, or that Steve could use her offer as a basis for a higher value / limit.