art insurance News

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 …

American Impressionist Painting Missing Since 1995 Turns Up at Museum Exhibit

A painting by American artist Robert Spencer, missing since 1995, was recovered after a Pennsylvania art museum included it in an exhibit. Christopher A. Marinello, owner of Art Recovery International, said one of his researchers spotted a notice in November …

A Picasso, an $18M Hole, a Casino Owner, an Auctioneer, an Insurer and a Contractor

Insurance specialist LeConte Moore and professional fine art appraiser Vincent Wiener deal with high-profile performers and artists and their works so hearing talk of big dollar figures is not unusual. Moore says he and his insurance colleagues are not surprised …

Generali Digitizes Art Insurance, Offering Collectors Remote Evaluation of Artworks

ARTE Generali, Generali Group’s business unit that provides art insurance to collectors, has unveiled a new app, which offers remote evaluation of artworks. In addition, ARTE Generali has set up a program to support small galleries, museums and art dealers …

Van Gogh Theft Focuses Attention on Empty Museums’ Security During COVID-19 Crisis

The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil …

Art Thefts, Such as Dresden Jewelry Heist, Are Here to Stay: Opinion

The management of Dresden’s Green Vault, where the biggest museum heist in post-World War II German history took place on Monday, has declined to estimate the market value of the stolen jewelry “because it is impossible to sell.” That, sadly, …

Germany’s Green Vault Museum Finds It’s Uninsured for $1 Billion Theft of Jewels

A day after burglars made off with priceless jewels from a German museum, pressure is growing on police to find the culprits. One big reason: The diamond-encrusted dagger, pearl necklace, and dozens of other glittering artifacts—estimated to be worth more …

Thieves Steal Priceless Items from Dresden’s Treasury Green Vault; Hiscox Comments

Thieves have carried out a heist at Dresden’s Green Vault, one of the world’s oldest museum containing priceless treasures and jewels, German officials said Monday. The treasury of Augustus the Strong of Saxony was established in 1723 and today contains …

Generali Launches Art Insurance Unit, Aiming to Be ‘Partner for Life’ for Collectors

Italian insurer Generali launched a new business Tuesday to cover art works, engaging as a poster boy the contemporary artist Maurizio Cattelan, whose gold-covered statue valued at 2.4 million euros ($2.6 million) was stolen earlier this year from an English …

18-Karat Gold Toilet Stolen From Winston Churchill’s Birthplace

Burglars overnight broke into England’s Blenheim Palace [on Saturday, Sept. 14], the birthplace of Winston Churchill, and stole an 18-karat gold toilet on display as part of an art exhibition. The thieves took the “high-value” item, causing significant damage and …