Court hands lost work back to owner despite compensation deal

It must be the dream insurance policy: compensation for loss and the return of the goods stolen. But for security giant Chubb, it was a claim too far when wealthy art lover Michael Clarke-Jervoise demanded he be handed back a 17th century Dutch masterpiece for which they had earlier paid him £125,000 in compensation.

Despite their arguments, however, last week the High Court ruled that Mr Clarke-Jervoise should get …

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