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Judge rejects collector Ron Perelman's claims of $410m in losses from works that lost their 'spark' in fire

A judge ruled that five artworks suffered no visible damage from a 2018 fire, rejecting a $410m insurance claim by Ron Perelman.

fromSun Sentinel

1 week ago

Citizens Insurance seeing fewer lawsuits from South Florida

The share of lawsuits against Citizens Property Insurance Corp. originating from South Florida has declined sharply. Lawsuits against the so-called insurer of last resort have declined statewide from 6,251 between January and July of 2021 to 3,600 during the same period this year, according to Citizens research. The percentage of cases filed in state circuit courts against Citizens from Broward, Palm Beach and Miami-Dade counties declined from 88% in 2020 to 55% during the first seven months of 2025, the research shows.

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#insurance-litigation#insurance-litigation

Judge rejects collector Ron Perelman's claims of $410m in losses from works that lost their 'spark' in fire

Citizens Insurance seeing fewer lawsuits from South Florida

#insurance-litigation
#insurance-litigation