Feature Story BY TOM KIRKPATRICK
Cases of High-Priced Jewels, Fine Art and Forgeries
DONaLD JUDD STa TUeS ROUTINeLY
BRINg NORTH OF a MILLION DOLLaRS
IN TODa Y’S MaRKe T.
Iclearly remember the day I learned I would be writing the Contents Claims Solved column for Property Casualty 360. That evening, during my drive home from the office, I received a call from my daughter, who is away at college. After catching up on her course work and roommate situation, I mentioned the articles I had
committed to write earlier that day. As soon as I explained the educational pieces would
highlight “interesting insurance claims,” I swear I could actually feel her eyes glazing
over, right through the phone. It was prudent to immediately change the subject for fear
of causing her permanent harm.
Now I am afraid to tell her the magazine is publishing a “best of” retrospective of my
“interesting claims” articles. At a minimum, the mere thought of an assemblage of “
interesting claims” articles, could surely cause my daughter to lapse into a coma.
My daughter, along with many others, may think the phrase “interesting claims”
is an oxymoron. Contrary to their preconceived notions, claims professionals know
“interesting” and “claims” are not mutually exclusive. Not only have I been blessed
with a career handling interesting claims, but I have also been given the opportunity
to share these fascinating claims situations here at Claims Magazine. I hope you enjoy
reading the articles as much as I enjoy writing them. Below you’ll find a sampling of
some of the most compelling cases. To access the full repository, go to www.Property-
was dented when it struck the floor. Judd
statues are geometric in shape, many
resembling boxes of various sizes and
proportions. The statue may be a singular form or multiple forms installed as a
group. The statues were often constructed of either stainless steel or aluminum
stock, and unpainted.
Judd’s artistry was in the design of his
statues. Much like an architect designing
a building, Judd designed his statues, but
they were not made by his hand. They
were crafted to his specifications by others, built to meticulous specifications in
industrial fabrication shops.
Donald Judd statues routinely bring
north of a million dollars in today’s market. What effect would this dent have on
the statue’s value?
THE CASE OF THE JUDD STATUE
An adjuster called on contents claims experts to consult on the appraisal, conservation, and diminution of value of a Donald Judd statue that fell from its wall mount and
After an initial inspection, the contents specialists concluded the nature
of the dent could be greatly improved