art insurance News

Fire Destroys Jamie Wyeth Paintings, Damages Historic Buildings in Maine

A fire destroyed several waterfront buildings in Maine, including an art gallery with several paintings by Jamie Wyeth and an illustration by his grandfather, N.C. Wyeth., the building`s owner said Friday. The original paintings and illustration, along with several signed …

Art Dealer to Rich and Famous Faces Millions in Fraud Claims

A high-profile New York art adviser with outposts in Tribeca and London is accused of withholding millions of dollars worth of artwork and cash from her clients, leaving collectors and galleries to line up in a court case to recover …

Florida Art Museum Sues Former Director Over Forged Basquiat Paintings Scheme

ORLANDO, Fla. (AP) — A central Florida art museum which was raided last year by the FBI over an exhibit of what turned out to be forged Jean-Michel Basquiat paintings has sued its former executive director and others, claiming they …

Banker’s Heirs Sue Japanese Insurer Over Van Gogh’s ‘Sunflowers’

Vincent van Gogh’s Sunflowers painting should be returned to the family of its former owner by Sompo Holdings Inc., the Japanese insurer that bought the famous artwork despite its tainted Nazi-era past, according to a lawsuit filed by the heirs. …

Art Collector Says Van Gogh Painting on Display in Detroit Museum Was Stolen From Him

In October, the Detroit Institute of Arts pulled back the curtains on its three-month Van Gogh exhibit, proudly boasting that its expo of 74 paintings was one of the largest-ever collections assembled of the Dutch master’s famous works. Now a …

German Authorities Recover Significant Part of Haul From 2019 Jewelry Heist

German authorities said Saturday that they have recovered a significant part of the 18th-century treasures stolen from Dresden’s Green Vault museum in a spectacular break-in more than three years ago. Prosecutors and police said in a statement that they secured …

NASA: U.S. Coastlines Could Experience a Foot of Sea Level Rise Within 30 Years

Sea levels along U.S. coastlines could rise as much as 12 inches above today’s waterline by 2050, according to NASA researchers. The results from the NASA Sea Level Change Team rely on measurements from a network of satellite altimeters along …

Climate Activists’ Attacks on Paintings Add to Insurers’ Worries About Threats to Art

Climate activists’ attacks on some of the world’s most precious paintings have added to insurers’ worries about the threat to art from climate change itself, concerns seen as leading to higher art insurance premiums. In recent weeks, activists have drawn …

Trial Begins in January of Alleged Thieves of Dresden Jewelry, Worth $129M

BERLIN (AP) – Six men will go on trial in Germany next month over their alleged role in the spectacular theft of 18th-century jewels from a Dresden museum in 2019, a court said Wednesday. The Dresden state court said that …

Three Arrested for Dresden Museum Theft – But Jewelry Is Still Missing

BERLIN – More than 1,500 police carried out a series of searches in Berlin and arrested three people in a massive operation connected to the spectacular theft of 18th-century jewels from a unique collection in Dresden last November, authorities said …