Louvre Heist: Uninsured Treasures and Rising Concerns
France's Louvre museum did not have insurance coverage for the stolen jewelry of significant historical value, including pieces belonging to Empress Eugénie, after a burglary where thieves used a furniture lift to access the museum. The loss highlights the challenges of insuring large, priceless collections and the increasing thefts of gold and precious metals from museums worldwide, driven by soaring metal prices.