The fine art of fine arts coverage

Article Abstract:

The well-publicized theft of paintings valued at $250 million from the Isabella Stewart Gardner Museum in Boston, MA, has served as a wake-up call for the insurance industry covering fine art and for the museums as well. Even though the museum was not insured at that time, the incident caused insurance companies to reevaluate their coverage of what has been previously considered as low risk. Offerings for such coverage have increased due to the resultant high demand for such products.

Museums and art galleries, Museums & Art Galleries, Museums, Economic aspects, Art museums, Painting, Painting (Art), Burglary insurance

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Lights, camera ... insurance!

Article Abstract:

More and more movie production companies are buying insurance policies to cover losses arising from unexpected events. In fact, the insurance market catering to the film industry has grown into a highly specialized sector requiring excellent risk analysis, loss control and claims administration. The most common policies offered by insurers to movie producers include negative film insurance, weather insurance, errors and omissions insurance and completion bonding.

MOTION PICTURES, Motion Picture and Video Industries, Product information, Motion picture industry, Movie industry

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