Updated Saturday, November 1, 2014 as of 8:28 AM ET

New Rules for Art Collections

The growing effects of climate change should be a wake-up call for art collectors and their planners, a top art insurance executive says. As major storms such as Hurricane Sandy increase in frequency, art collectors—and their advisors—need to be more vigilant about emergency evacuation plans and inventory management systems for valuable works of art, according to Katja Zigerlig, vice president for fine art and wine insurance at the AIG Private Client Group.

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