Insurers deny $19.7 million claim for fake Basquiat paintings seized by the FBI. Owners argue they should still pay for failing to verify authenticity

  • Posted on January 16, 2025
  • By Fortune
  • 1 Views
Insurers deny $19.7 million claim for fake Basquiat paintings seized by the FBI. Owners argue they should still pay for failing to verify authenticity

Liberty Mutual Insurance Company and Great American Insurance Company argue the forgeries have no value.
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Fortune

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