AXA Art Insurance Corp. News

AXA ART, Trident Insurance Partner to Offer Specialty Fine Art Coverages

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 …

Portrait of New Wealth: $3 Billion Miami Art Basel Fair

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 …

Axa Art Insurance Corp.’s Subrogation Lawsuit Seeks $1.5M From Christie’s

Axa Art Insurance Corp. filed a subrogation lawsuit claiming that the famed auction house Christie’s in New York failed to properly store a fine art collection that belonged to Axa’s insured, the Piatigorsky Trust, during Superstorm Sandy. Christie’s, a well-known …

Minnesota Man Sentenced for $275K False Insurance Claim

A St. Paul, Minn., man has been sentenced for filing a false insurance claim for artwork he had reported as stolen. Thirty-nine-year-old Jason Sheedy was sentenced in federal court to three years’ probation on one count of wire fraud. Sheedy …