Moscow’s Pushkin Museum of Art will receive $1.2 million in compensation from insurers for damages suffered by a Rembrandt painting on the way to an exhibition in Houston.
The painting “Portrait of an Old Woman,” suffered a tear of approximately six inches in the lower right corner, which was subsequently repaired. The compensation is based on the diminished value of the work of art, and is the highest known award of its kind.
Was this article valuable?
Here are more articles you may enjoy.
Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion 
Why Power Outages Do More Economic Damage Than We Think 
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses 
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks 
