Intel
Featured
$17.8T at Risk as 43.5M Homes Face Rising Hail Threat
Inside This Article: Hail is now a leading driver of severe convective storm losses, according to Cotality’s latest storm risk report. Texas had the most hail losses of any state in 2025, with more than 235,000 homes experiencing hail damage. Insurers are increasingly implementing Wind and Hail Deductibles and Roof Settlement Schedules on Homeowners Insurance policies. Property owners should closely review policy terms to help
Condo Collapse Prompts Evacuation, Inspections of Similar Buildings
Inside This Article: A partial structural collapse at an Illinois condominium complex in early March forced a full evacuation and prompted inspections of nearby buildings. Officials said early findings point to the failure of a support column in an underground garage. Habitational Insurance programs, including Commercial Property Insurance and Commercial General Liability (CGL) Insurance, can help cover building repairs and potential third-party liability
In the News
Trending
Inside This Article: Hasbro recently detected a cyber incident that involved unauthorized access to its network. The toy company said containment measures could impact operations for weeks and potentially cause delays in order fulfillment as the investigation continues. Cyberattacks can create immediate operational and financial strain for companies, even before the full scope of a breach is known. Cyber & Privacy Liability Insurance can…
Inside This Article: Demand for luxury housing is on the rise in South Florida, where recent data shows sales of properties priced at $1 million or more grew 21% in Miami-Dade County compared to last year. Sales of “ultra-luxury” homes priced at $10 million or more are also expanding across the U.S., including outside of traditional wealth hubs like…
Inside This Article: Wagner SprayTech has recalled more than 700,000 power steamers after receiving at least 156 reports of overheating and hot water release, including more than 50 burn injuries. The recall comes just weeks after another large-scale steam cleaner recall by Dupray, whose product was linked to 15 reports of boiler ruptures and four injuries. Consumer bodily injury claims can…
Inside This Article: Heavy snowfall, wind, and ice from a major Northeast blizzard in February is expected to cost up to $38 billion, including costly residential damage claims. Ice dams, roof collapse, and slippery walkways are among the risks homeowners face after severe winter storms. Damage related to blizzards is typically covered under Residential Property Insurance, though policies may…
Inside This Article: A couple in Tennessee recently filed a lawsuit against a restaurant after allegedly being injured when decorative antlers mounted on a wall fell on them. The hospitality industry is seeing an increase in the frequency and severity of injury claims. Commercial General Liability (CGL) Insurance can respond to customer injury incidents but may not keep pace with…
Inside This Article: A Florida gas station is facing a lawsuit after a customer allegedly tripped in a pothole near a gas pump. The suit claims the property owners failed to warn customers of the pothole, which reportedly blended in with the surrounding pavement and created a concealed hazard. Commercial General Liability (CGL) Insurance can respond to third-party bodily injury claims related to slip-and-fall accidents. …
Inside This Article: A recent Stanford and Harvard study found that medical AI systems generated severe clinical errors in a significant percentage of patient cases. Many healthcare professionals are using AI tools on the job, with one recent survey finding that almost half of nurses use generative AI at work. These reports point to an evolving risk landscape for…
Other Recent Intel
Personal Insurance market conditions are presenting new opportunities for brokers and agents to secure broader coverage and more competitive terms for clients. In this clip from our Q2 P&C Market Outlook webinar, Kate Wright, Vice President, Senior Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Indianapolis, Indiana, discusses how increased carrier appetite and moderating rates are shaping placements across the…
Shifting conditions are opening the door to greater flexibility within Habitational Insurance. In this clip from our Q2 P&C Market Outlook webinar, Chris Siegel, Vice President, Florida, Managing Director, Burns & Wilcox, Orlando, Florida, explains what is changing and how brokers and agents may be able to secure more favorable terms and conditions for their clients. https://vimeo.com/1184129666/a07d9b5973?fl=ip&fe=ec
The London market offers a high degree of flexibility, specialized expertise, and the ability to structure complex, multinational risks. In this clip from our Q2 P&C Market Outlook webinar, Declan Durkan, Managing Director, Non-Marine, Burns & Wilcox Global Solutions, London, United Kingdom, explains how these strengths support more tailored and effective placements. https://vimeo.com/1184126139/22494f288b?share=copy&fl=sv&fe=ci
Stay ahead of changing market conditions with the Q2 P&C Insurance Outlook webinar recording, now available on demand. Featuring experts from Burns & Wilcox and the London market, this session provides insight into moderating rates, strong capacity, and underwriting discipline across Personal, Commercial, and Professional Liability Insurance—helping brokers and agents better serve their clients and secure more comprehensive coverage. Highlights include: Pricing, capacity,…
Key Takeaways Rapid growth in regenerative and alternative therapies is expanding Healthcare Liability exposures across medspas and healthcare providers. Coverage considerations are multifaceted, with many carriers applying exclusions, limitations, and strict underwriting requirements for non-FDA-approved and off-label treatments. A complex regulatory environment, driven by both federal and state oversight, impacts how Healthcare Liability risks are evaluated and underwritten Many claims stem from insufficient informed consent, patient screening, and marketing practices…
Misleading marketing materials, website content and social media posts can quickly become a significant Healthcare Liability exposure. In this short clip from our recent webinar on regenerative and alternative therapies, Lily Chetosky, Broker, Professional Liability, Burns & Wilcox, Chicago, Illinois, explains how patient expectations shaped by marketing can lead to costly claims. https://vimeo.com/1177367526/0dad2278f1?share=copy&fl=sv&fe=ci
Powered by 