Museum Insurance Rates Soar 37 Percent

“When Los Angeles County Supervisors on June 3 approved a new insurance policy covering the collections of the Los Angeles County Museum of Art and Natural History Museum of Los Angeles County, they found that premiums had jumped 37% from the year before. Also, the new policy doesn’t cover most potential losses from terrorism – an exclusion many insurers have added since the attacks of Sept. 11, 2001.”