Artemis S.A., through its subsidiaries, operates in apparel and accessories, auction house, vineyards, press and publishing, real estate, sport and culture, and art sectors in France and internationally. It retails luxury, sports, and lifestyle apparel and accessories; provides auction services in the categories of fine and decorative arts, clock-making, design, manuscripts, wine, and jewelry; and produces wines. The company also publishes general news weekly magazines and digital daily newspapers, as well as books on biographies, historical essays, accounts, and archives; operates various service and information Websites; offers real estate brokerage and mortgage brokering services; owns a ...
12, rue François 1er
Founded in 1990
Settlement Agreement Closes the Last Chapter in the Long Dispute between the California Department of Insurance and Artemis S.A
Jul 9 15
California Insurance Commissioner Dave Jones announced that a settlement was reached with the last remaining defendant in a 16-year-old lawsuit brought by the California Department of Insurance that arose out of the 1991 liquidation of Executive Life Insurance Company. Artemis S.A. has agreed to pay $200 million in addition to $110 million it paid previously bringing the total recovery against all defendants to over $930 million. The National Organization of Life and Health Guaranty Associations and the California Life and Health Insurance Guarantee Association also joined in the settlement. This settlement agreement closes the last chapter in the long dispute between the Department of Insurance and Artemis S.A.