Insurance Company Also Says Pebble Beach Art Theft Was A Fraud

“It is our belief that the misrepresentations and concealment were intentionally committed by [Kennaugh] and Angelo Amadio in order to obtain insurance benefits,” wrote Farmers manager Bruce Litton.

The company rejected Kennaugh’s $500,000 claim on his “Fire Exchange Broad Form Renters Policy,” because of what it called “concealment and fraud” and said investigators were unable to “confirm the legitimacy” of the lost art.

“It is impossible that the insured ever possessed a 1944 Jackson Pollock drip painting since Mr. Pollock did not begin painting this style until 1947 …,” according to a June 10, 2011 letter from Litton to Cayce.

Amadio acknowledged the discrepancy and said that his previous attorneys made a careless mistake.

“previous attorneys”, LOL

Insurance Company Also Says Pebble Beach Art Theft Was A Fraud