The recent daytime heist of the French Crown Jewels from the Louvre underscores the evolving risks facing museums and private collectors.

In Law360’s recent coverage, Leila Amineddoleh, Chair of the firm’s Art Law Group, explains how thieves are increasingly targeting objects like jewelry because they are easier to alter, move, and sell on the black market.

Leila discusses how vulnerabilities aren’t limited to large institutions, noting that the heist is “definitely not unique to the Louvre. This should be a wake-up call, and institutions really should be regularly assessing the security, regularly training, updating appraisals, keeping insurance carriers updated on changes in approval, considering the market and objects that are written."

Read the full article at the link below. 

Louvre Heist Exposes Coverage Gaps For Art Collections - Law360 Insurance Authority