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Case Summary

Philadelphia Museum of Art v. AXA

Philadelphia Museum of Art v. AXA Art Insurance Corporation, No. 8:10-cv-00587-RWT (D. Md. March 8, 2010).

This case involved an insurance dispute that arose between the Philadelphia Museum of Art (“PMA”) and its insurer, AXA Art Insurance Company, when PMA tried to recover for the loss of two paintings that it had consigned to a gallery, which sold them without permission pocketed the proceeds.  At issue was whether the museum’s all risk insurance policy would cover the loss, given that conversion...

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