Intel

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…

Shifts in the Transportation Insurance market are reshaping risk exposures. From hazardous haulers to non-emergency medical fleets, Denis M. Brady, Broker, Transportation, Burns & Wilcox Brokerage, San Francisco, CA, provides expert insights on key trends, carrier exits and tightening markets. https://vimeo.com/1027711048/e7b3a6a62d?share=copy

Navigating a rapidly changing Transportation market requires adaptability and precision. Buddy Taylor, Broker, Transportation, Burns & Wilcox Brokerage, North Dallas, TX, provides tips for brokers and agents to secure Excess coverage. https://vimeo.com/1027736735/30143d7d5b?share=copy

Technology is transforming Transportation Insurance. In this clip from the Burns & Wilcox Transportation Webinar, Monica Cantu, Underwriting Director, Burns & Wilcox, San Antonio, TX, explains how AI, telematics, and evolving trends like driver shortages and claims inflation are reshaping risk assessment and pricing. https://vimeo.com/1027742680/957e53e892?share=copy

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…

The trucking industry is navigating a complex landscape, from jurisdictional challenges to rising operational costs. In our latest webinar, experts from our Transportation Practice Group explored the most pressing issues facing Transportation Insurance today. Watch now to gain valuable insights into coverage, pricing, and claims, along with practical tips for brokers and agents to stay ahead of industry changes and…

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,…

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…

The transportation industry faces a variety of challenges today, including the difficulty of staying profitable as average trucker expenses exceed $2 per mile. To learn more about how Transportation Insurance can help protect companies, we spoke with William Mills, Director, Transportation, Burns & Wilcox, Salt Lake City, Utah. What are some of the greatest risks in transportation today? W.M.: Accidents…

The husband of a woman who had a severe allergic reaction last year after eating at a Disney Springs restaurant is suing the company for more than $50,000 in a wrongful death lawsuit that claims the server \"guaranteed\" the woman\'s food was allergen-free. The woman, a doctor from New York who had a severe allergy to nuts and dairy products,…