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COVID-19 Library

Potential Insurance Claims for Art Businesses

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As the COVID-19 crisis continues to unfold, numerous art industry businesses are suffering substantial lost revenue. The question of whether you are insured against significant business interruptions is a complicated but critical question.

On March 26, Pryor Cashman held a virtual discussion of this emergent insurance issue, hosted by Art Law practice group leaders Bill Charron and Megan Noh and the head of Pryor Cashman’s Insurance Recovery + Counseling group, Chris Loeber.

THIS WEBCAST APPLIES TO:

• Museums;

• Galleries;

• Advisors and appraisers;

• Conservators and authenticators;

• Art shippers; and

• Other art businesses, particularly those with physical places of congregation.

WHAT WE COVERED:

• Basic relevant policy clauses;

• Relevant legislative developments;

• Facts and circumstances creating bases to assert a business interruption claim with an insurance carrier; and

• Strategic considerations in asserting such a claim.

Please click here to view a recording of the webcast. This virtual presentation lasts for roughly an hour and includes a Q&A with our attorneys.