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 …
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 …
Last month, administrators at the Boston Public Library discovered that a $600,000 engraving by Dürer and a $30,000 etching by Rembrandt had gone missing. It set off a media firestorm, the director of the museum resigned, and then … a …
XL Group has launched Key Artworks insurance coverage in the U.K. to cover cancelled or abandoned fine art exhibitions and their financial losses in cases where a star attraction art piece is damaged, stolen or otherwise unfit to be publicly …
Fine art insurance specialist AXA Art Americas Corporation (AXA ART) has formed a strategic business partnership with Trident Insurance Services, LLC, a member of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products. The relationship …
Fireman’s Fund Insurance Co. has introduced new death of an artist loss settlement provisions, as well as seven other coverages to additional states as part of their Prestige Collections Coverage. Fireman’s Fund coverage high value collections address elements of fine …
Art Basel Miami Beach, the largest U.S. art fair, will offer more than $3 billion of mostly postwar and contemporary works when it opens to a select group of collectors today, a 20 percent increase from two years ago. Held …
When Superstorm Sandy slammed into New York City last October, much of abstract painter Ronnie Landfield’s life’s work lay submerged under 28 inches of water in his Manhattan studio, where he had lived and worked since 1969. Landfield has restored …
Fine art insurers face claims of up to half a billion dollars, their biggest ever payout, to compensate the owners of artwork destroyed when Superstorm Sandy flooded galleries in New York. Work by 1960s graphic artist and illustrator Peter Max …
Heffernan Insurance Brokers, an independent insurance brokerage headquartered in Walnut Creek, Calif., has hired Catherine Torsney to join its Manhattan office in New York as senior vice president and director of its fine art, jewelry and rare collections practice. Torsney …
