Scream exposes art insurance gaps
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Edvard Munch&#39;s iconic painting The Scream, which was stolen from an Oslo gallery on Sunday, was not insured against theft, it has been revealed.
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Accounting flaws at the insurance giant that understated the companyâs losses raised new questions about the deteriorating health of financial companies.
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Consumers might have felt like bystanders when New York Attorney General Eliot Spitzer fired his opening salvo against the insurance industry last week.
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Insuring companies for costs related to data breaches used to be a slow business, but after the multimillion-dollar TJX case, companies are suddenly scrambling for coverage -- and some are being rejected by insurers for inadequate policies and procedures.
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OSLO, Norway Aug. 23, 2004 - The brazen daylight theft of Edvard Munch&#39;s renowned masterpiece &quot;The Scream&quot; left Norway&#39;s police scrambling for clues and stirred a debate across Europe over how to protect
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OSLO, Norway - The brazen daylight theft of Edvard Munch's renowned masterpiece "The Scream" left Norway's police scrambling for clues and stirred a debate across Europe over how to protect art if thieves are willing to use deadly force to take it.    Some expressed fears that works of art are in increasing danger from violent raids - unless, as Norway's deputy culture minister put it, "we lock them in a mountain bunker."   Armed, masked robbers stormed into Oslo's Munch Museum in broad daylight on Sunday, threatening an employee with a gun and terrifying patrons before they made off with a version of Munch's famous painting "The Scream" and another of his masterpieces, "Madonna."   A day after the theft and despite many tips, police said they have no suspects, no trace of the paintings and no theory on a motive...
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The Albright-Knox Art Gallery, a museum with a small endowment in a highly competitive art market, tries to raise money, angering its members.
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There's a marketing blitz underway aimed at the homeowner in denial -- the one missing mortgage payments, dodging calls from the lender and hoping for the best.
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The money is disappearing, yet the struggle to stand out continues.
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NEW YORK - Bidding was fierce for a few big-name works at Sotheby&#39;s fall sale of Impressionist and modern art in New York Thursday evening, but others fell short of pre-sale estimates and about a fifth of the offerings went unsold.
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Gaps in insurance arenât the only problem with the medical system. Hospitals should be required to report more information.
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Description: A search is under way in Norway for the iconic painting The Scream, stolen Sunday morning from the Munch Museum. Armed men took the expressionist work by Edvard Munch and several other paintings during the museum&#39;s regular touring hours.
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The robbery of Edvard Munch's 'The Scream' is the latest in a string of high-profile art thefts.
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Art theft may conjure up images of a suave movie villain creeping through a dark gallery &#151; or last year's bold daylight robbery of Edvard Munch's "The Scream" from a Norway museum. Most art heists, however, are far more subtle, involving forged documents, fake prints or smuggled cultural artifacts that slowly make their way into the hands of private owners or museums.
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Paintings and other valuable works of art are stolen almost every day from galleries around the world, the most recent of course being Edvard Munch&#39;s famous &quot;The Scream&quot;.
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The daring theft of Edvard Munch&#39;s masterpiece &quot;The Scream&quot; has left the international art world in a state of shock.
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Unpredictable hospital billing can lead to financial anxiety about the prospect of dealing with insurance companies even before a surgery has happened.