Intel

A glow-in-the-dark sweatshirt sold on Temu was recently recalled after the report of a child suffering serious burn injuries from the garment. The item, sold on the discount online marketplace on behalf of Sunshine Towels, carries a risk of \"serious burn injuries if exposed to heat or a flame source,\" according to the recall notice, issued by Product Safety Australia,…

A catering company in Missouri is facing at least four lawsuits after an E. coli outbreak sickened more than 100 individuals, including multiple students from schools in St. Louis County. The outbreak was initially linked to five different events catered by the company between Nov. 6-9, including two school band events, two funerals and a veterans’ event, KSDK-TV reported. [lgc_column…

The insurance market faces a dynamic future, with a steady shift toward non-admitted markets, unpredictable CAT events and Liability concerns poised to reshape the landscape. Click below for quick insights into Personal, Commercial and Professional Insurance.

The Indianapolis Public Transportation Corporation recently filed a lawsuit against Dallas-based architectural firm AECOM over construction plans that it claims were \"inadequate, inaccurate and defective.\" According to Fox59 News, the lawsuit alleges the architect responsible for the Julia M. Carson Transit Center in downtown Indianapolis did not properly account for the project’s archaeological work, only setting aside five days for…

Construction companies face numerous risks in their daily operations: defects due to a subcontractor cutting corners, accidents at the work site, and even cyber threats and pollution incidents. To learn about how Construction Insurance policies can help them mitigate these threats, we spoke with Anthony​​​​ Kobets, Senior Broker, Commercial Insurance, Burns & Wilcox, Kansas City, Kansas. What are some of…

A transportation company based in Illinois is being sued for $5.3 million following a devastating accident in which one of its freight trucks reportedly rear-ended a party bus, resulting in the tragic loss of three passengers and injuries to 20 others. In the lawsuit, Triton Logistics, its owner, the driver, and several related companies are accused of negligence and acting…

A potential La Niña event could soon bring wetter weather to parts of the northern U.S. and Canada, the Associated Press recently reported, which goes hand-in-hand with risks for potentially dangerous and costly slip-and-fall incidents. The National Oceanic and Atmospheric Administration’s Climate Prediction Center indicated that there was a 60% chance that a weak La Niña…

Last quarter, we indicated the Property & Casualty (P&C) market had reached a relative level of equilibrium not seen in several years. We defined this as an environment where rates and capacity were relatively stable, and carriers could be profitable. The gradual and consistent shift in business from the admitted to the Excess & Surplus (E&S) market is a transformation…

A three-generation family in Brooklyn, New York, was recently evacuated from their home after city officials determined the building next door was unstable and would need to be demolished. The homeowner, Yvonne Belardo, was notified by firefighters on Sept. 5 that her three-story Bushwick home was at risk because of a construction error at a building site two doors down,…

A recent recall over listeria concerns has now expanded to 11.8 million pounds of potentially contaminated foods, including some that may have been sent to schools. First announced as a recall of nearly 10 million pounds of BrucePac meat and poultry products on Oct. 9, the U.S. Department of Agriculture has since updated the recall notification to include additional items…

The Commercial E&S market is stabilizing, according to Bob Quillman, Regional Vice President, Burns & Wilcox, Dallas/Ft. Worth, Texas. Watch this short video clip for insights into what contributes to this stabilization and areas of opportunity. https://vimeo.com/1020758220/5c48e5c240?share=copy For more insights, watch the full recording here.

While we are experiencing more stabilization, some hard sectors remain as carriers continue to revise their appetites. Watch our P&C webinar for insights into the current state of the market, what is expected for the rest of the year and what 2025 may hold. Highlights include: The increasing role of dynamic pricing in Personal Insurance Why some admitted carriers are…