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![Video: AI Accelerates Cyber Risks](https://www.burnsandwilcox.com/wp-content/uploads/2020/03/httpinsurancemarketsource.comwp-contentuploads201711cyber_20171101-375x375.jpg)
Video: AI Accelerates Cyber Risks
AI is expediting the evolution of social engineering, making cybercriminals more challenging to detect. Michael Drummond explains other ways AI is accelerating Cyber risks. https://vimeo.com/1001680204/611e34d2fc?share=copy
![Video: Cyber Insurance Claims Changes](https://www.burnsandwilcox.com/wp-content/uploads/2023/10/cyber_20231003-375x375.jpg)
Video: Cyber Insurance Claims Changes
Cyber Insurance claims handling is constantly evolving – but as Kenneth Labelle, Senior Broker, Professional Liability, Burns & Wilcox Brokerage, Chicago, IL, explains, the \"human element\" makes a big difference. https://vimeo.com/1002081522/f96b609c7f?share=copy
![Video: Cyber Coverage Differentiators](https://www.burnsandwilcox.com/wp-content/uploads/2020/10/Cyber-Overview_20201016-375x375.jpg)
Video: Cyber Coverage Differentiators
Pre- and post-mitigation risk management is a key differentiator for Cyber Insurance markets. Learn more and get additional insights into enhanced coverage offerings from Derek Kilmer, Associate Managing Director, Broker, Professional Liability, Burns & Wilcox, Detroit/Farmington Hills, MI. https://vimeo.com/1002078816/bd7c725091?share=copy
![Webinar: Cyber Insurance – Trends in Coverage, Pricing and Claims](https://www.burnsandwilcox.com/wp-content/uploads/2024/08/WP_WebinarCyber_20240831-375x375.jpg)
Webinar: Cyber Insurance – Trends in Coverage, Pricing and Claims
From cyber crashes, like the recent Microsoft CrowdStrike outage to cyberattacks, Cyber Insurance has never been more critical – yet so many businesses forgo or have inadequate Cyber coverage. During this webinar our panel of experts dove into all things Cyber Insurance. Featured Experts: Kenneth Labelle, Senior Broker, Professional Liability, Burns & Wilcox Brokerage, Chicago, Illinois Derek Kilmer, Associate Managing…
![Ask the Expert Q&A: Professional Liability](https://www.burnsandwilcox.com/wp-content/uploads/2024/08/Professional-WP-375x375.jpg)
Ask the Expert Q&A: Professional Liability
Across industries, companies face the risk of professional errors leading to serious losses and costly lawsuits. To learn more about the types of Professional Liability Insurance available to address these risks, we spoke with Andy Wood, Vice President, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks today when it comes to Professional Liability? A.W.:…
![Microsoft Outage Hits Small Businesses Hard; Losses Could Exceed $1 Billion](https://www.burnsandwilcox.com/wp-content/uploads/2024/07/20240725_bluescreen-375x375.jpg)
Microsoft Outage Hits Small Businesses Hard; Losses Could Exceed $1 Billion
The global Microsoft outage that grounded flights, canceled nonessential surgeries and halted operations for countless businesses could exceed $1 billion in insured losses, according to reports. The technology outage, which began July 19 after a faulty software update by CrowdStrike shut down 8.5 million Windows computers around the world, left many large and small companies unable to function — and…
![P&C Report: 2024 Q3 Outlook](https://www.burnsandwilcox.com/wp-content/uploads/2024/07/PC_Web_2024-Q3_20240718-2-375x375.jpg)
P&C Report: 2024 Q3 Outlook
The term “equilibrium” is increasingly being used within insurance circles to describe certain sectors moving toward a state of balance in terms of rates versus supply, terms and conditions. It suggests a growing opinion among industry leaders that Property and Casualty (P&C) is largely in a healthy place. This is true even after a decade-long period characterized by costly CAT…
![Grumpy Cat vs. Copycats: Trademark Claims Underscore Importance of Insurance](https://www.burnsandwilcox.com/wp-content/uploads/2024/06/20240620_grumpycat-375x375.jpg)
Grumpy Cat vs. Copycats: Trademark Claims Underscore Importance of Insurance
More than five years after the death of Grumpy Cat, the internet-famous cat known for its disgruntled-looking expression, the company that owns its image and likeness continues to confront alleged trademark violations from other entities using the pet’s face for profit. According to a recent report from Courthouse News Service, Grumpy Cat Limited has filed more than 50 trademark lawsuits…
![CFO Accused of Embezzling $40 Million from Detroit Riverfront Conservancy](https://www.burnsandwilcox.com/wp-content/uploads/2024/06/20240613_detroit-375x375.jpg)
CFO Accused of Embezzling $40 Million from Detroit Riverfront Conservancy
The former chief financial officer of the Detroit Riverfront Conservancy is being accused of embezzling $40 million from the nonprofit organization over a period of more than 11 years. William Smith was recently charged with bank and wire fraud after allegedly stealing millions of dollars and spending it on airline tickets, hotels, luxury goods, real estate and more. He has…
![P&C Report: 2024 Q2 Outlook](https://www.burnsandwilcox.com/wp-content/uploads/2024/04/PC_Web_2024-Q2_20240718-375x375.jpg)
P&C Report: 2024 Q2 Outlook
Following several years of double-digit rate increases and restrictive adjustments to Terms and Conditions (T&C), the Property Insurance sector has reached a point of relative stability. Rates are largely modest as insurers secure the required premium, now applying rates against a proper exposure basis—Insurance to Value (ITV). With few exceptions of traditional CAT-prone perils in specific geographies, most carriers are…
![Biometric Data Use Expands: How to Protect Consumer Privacy, Prevent Lawsuits](https://www.burnsandwilcox.com/wp-content/uploads/2024/03/20240328_fingerprint-375x375.jpg)
Biometric Data Use Expands: How to Protect Consumer Privacy, Prevent Lawsuits
More companies in the U.S. and Canada are incorporating the use of biometric data into their operations, raising unease for some consumers, and prompting a number of class-action lawsuits over information that may be collected improperly. Airports are among the latest industries to join the trend, with CBC News recently reporting on airlines like Air Canada and various airports implementing…
![Engineer Under Fire After 7-Story Building Collapses During Construction Work](https://www.burnsandwilcox.com/wp-content/uploads/2024/03/20240307_apartment-375x375.jpg)
Engineer Under Fire After 7-Story Building Collapses During Construction Work
The engineer allegedly responsible for a partial building collapse in the Bronx in December has had their license suspended for two years by the city of New York and faces a $10,000 fine, according to reports. No one was injured but dozens of families lost their homes after the collapse of the seven-story apartment building, part of which was under…
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