Intel

Inside This Article: Heavy rains were likely to blame for a third-floor balcony collapse in Los Angeles involving four individuals and a dog. Balcony collapses are rare but can also happen when structural integrity is compromised due to age, poor construction or overloading. Such incidents at housing complexes can cause catastrophic injuries, potentially leading to lawsuits and significant repair…

The U.S. is faced with an apartment shortage that is expected to get worse before it gets better. This is placing significant stress on the Habitational Insurance market with high demand for rental housing. According to the National Multifamily Housing Council and the National Apartment Association, the U.S. will need an additional 4.3 million apartments between now and 2035 to…

During the Habitational Insurance Market webinar, our own Kevin Cuyler joined us to provide updates on the current state of the marketplace. Watch highlights from the discussion below. https://vimeo.com/915342304/25a6a4edd4?share=copy

During this webinar, our own Jake Miller joined us to discuss the current state of the Habitational Insurance Market. Watch highlights from the discussion below. https://vimeo.com/915340539/a1a0053495?share=copy

During our Habitational Insurance Market webinar, our own Nicholas Freeman joined us to provide tips for brokers and agents facing challenges in the marketplace. Watch a highlight from the discussion below. https://vimeo.com/915333303/d79c637867?share=copy

During this webinar, our experts met for a discussion on the current state of the Habitational insurance market. Watch as they explore current challenges and provide tips for brokers and agents on how to be successful in providing solutions for their clients. https://vimeo.com/914913271/243f209a8e?share=copy

Residents of an apartment complex in Atlanta, Georgia, that was severely damaged in a three-alarm fire on Nov. 10 have filed a class-action lawsuit against the building owners, claiming the owners failed to maintain the property’s fire suppression system and allowed access to the roof, where the fire began. The devastating blaze that destroyed most of the Reserve at LaVista…

Apartment complex owners and property managers are operating in a competitive industry with shrinking profit margins and a hardening Habitational Insurance market. To learn more, we spoke with Barry Whitton, Managing Director, Burns & Wilcox Brokerage, Atlanta, Georgia. What are the greatest risks facing apartment complex owners and property managers? B.W.: Historically, the most common losses faced by this industry…

Presented by: Barry Whitton, Managing Director, Burns & Wilcox Brokerage, Amber Carver, Vice President, Associate Managing Director, Burns & Wilcox, and Tyson Peel, Vice President and Director, Property & Casualty, Burns & Wilcox Canada Hosted by: Chris Zoidis, Executive Vice President, H.W. Kaufman Group During this webinar, we discussed: The market overview from both a property and liability perspective The changing dynamics…

The former owner and manager of two apartment complexes in Washington, D.C. will pay $3.5 million to settle a tenant lawsuit alleging rat and bed bug infestations, sewage leaks, mold contamination and other hazards. The lawsuit, brought by the district’s attorney general in October 2018, also claimed the buildings’ hundreds of tenants were subjected to persistent violence, including multiple homicides…

Caesars Palace, MGM Resorts and several other Las Vegas hotel-casinos are slated to resume operations starting June 4, according to the Nevada governor’s May 26 press release. Though Las Vegas casinos must implement requirements such as mandatory temperature checks for guests and are subject to various restrictions, reopening is a significant milestone in the embattled hospitality sector’s recovery from coronavirus-related…