Collector Ron Perelman’s lawsuit against insurer over damaged art takes new turn

Court allows insurers to amend their argument, after arguing that the collector misrepresented his intention to sell “damaged” works, in $410m insurance claim

In the wake of climate protests and pandemics, collectors are growing wary of loaning art to museums

Prospective lenders are increasingly nervous that their works will be targeted by attacks or be vulnerable to a lack of security during museum closures

Major insurance claims spark questions over ‘damaged art’

A spate of recent high-profile cases demonstrate ongoing challenges for the sector

After the Kardashian-Marilyn Monroe dress controversy, we ask: what rights do artists have over the future care of their work?

Images of the famous dress allegedly damaged by Kim Kardashian at the Met Gala have prompted fresh questions about the safeguarding of art and precious objects

'The only way to stop the bleeding is to stop writing policies': climate change is making it more expensive to insure art

Global warming’s effects are impacting collectors’ bank accounts, especially in disaster-prone states like California and Florida where risky conditions have become the norm

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Insurance in the age of global warning: how to protect your art against flooding and extreme weather events

As sea levels rise, so do insurance premiums. Here, an insurance lawyer advises on how collectors can best look after their works as natural disasters and wildfires become more common

American Museum of Natural History sues insurer over Covid-19 coverage

New York institution says it lost over $37m when it was forced to shut down, but insurance company caps potential coverage at $200,000

Slash and burn: does artistic sabotage always pay off?

A slashed Velázquez and a burnt Banksy achieved notoriety, but vandalism in the name of the NFT faces ethical hurdles

UK Supreme Court judgment on pandemic insurance payouts 'not a blank cheque' for art organisations

Some insurers using "aggressive tactics" to reduce barrage of claims following rejection of appeal on clarification of business interruption cover

Insurers fight $107m claim for Modigliani paintings seized by Italian police

A US dealer says he is owed millions by insurance brokers for 12 works that were confiscated by authorities from the Palazzo Ducale in 2017 as suspected fakes

UK High Court ruling could be 'welcome news' for arts organisations denied Covid-19 insurance payout

Judgment this week ruled in favour of the Financial Conduct Authority's test case seeking clarification of policies as many insurers refuse to pay out during the pandemic


Post-pandemic, the art market might return to 'normal'—but do we want it to?

Many in the art world see the impact of coronavirus as a chance to slow down the frenetic pace of global activity and rethink the whole system

'All bets are off': Hong Kong protests cause insurance headaches for dealers heading to Art Basel

With pro-democracy demonstrations showing no sign of abating, the fair is working with a broker to offer galleries cover at 20 times the normal rate

Art storage demands flare as California fires rage

Calls for emergency art storage are putting pressure on art shipment and insurance firms


Rule of law: Legal tips for art lovers

From new exhibitor regulations at Art Basel in Miami Beach to questions over insurance and taxes

Art marketarchive

Insurers wary of covering fairs

Stockpiled works in large spaces is a risk too far for some


Tate's Van Dyck show on rocky ground as insurance obstacle may detain several works

Five iconic portraits may not be loaned to the exhibition due to legal anomaly


Basel art gallery forced to shut shows as Euro 2008 kicks off

This precaution was taken due to the safety of stock being compromised by influx of football fans

Art marketarchive

Insurance for war loot claims on the rise

Increasing numbers of private collectors, dealers, museums, and banks have been buying policies to protect their assets


Insurance payouts for the Tate as Turners remain missing

Following thefts, Tate receives funds to repurchase works stolen in Frankfurt