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Ask the Expert Q&A: Construction Insurance
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…
Home at Risk After Contractor ‘Dug Too Deep’ at Neighboring Property
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,…
11.8 Million Pounds of Food Recalled Over Possible Contamination
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…
Disney Springs Restaurant Lawsuit Stems from Diner’s Allergic Reaction
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,…
Market Overview: Despite a Tight Market, Demand for Construction Insurance Remains High
The Construction industry has functioned in a tight market for the last several years, although rates have recently stabilized. Flat to modest rate increases are common outside of a consistent group of challenging sectors that offer tight capacity and double-digit rate increases. Despite this relatively tight environment, demand for Construction Insurance remains high. Money is being pumped into Midwestern U.S.…
Video: Challenges in the Construction Insurance Market
During this webinar, our own Nicholas Enriquez provided insights on challenges in the Construction Insurance Market. Watch a highlight from the discussion below. https://vimeo.com/989142283/1353a90638?share=copy
Video: Trends in the Construction Insurance Market
During this webinar, our own John Dewart provided insights on trends in the Construction Insurance Market. Watch a highlight from the discussion below. https://vimeo.com/989142110/c7d120cf6e?share=copy
Video: Construction Insurance Market Outlook
During this webinar, our own Steve Bartell provided insights on the Construction Insurance Market Outlook. Watch a highlight from the discussion below. https://vimeo.com/989141968/bf7451cfcc?share=copy
Webinar: The Construction Insurance Market
During this webinar, our expert panel reviewed the current state of the construction market along with strategies for success. Watch now below. https://vimeo.com/986654786/b4a5aa663a?share=copy
Ask the Expert Q&A: Manufacturing & Distribution Insurance
Product contamination, misuse and recalls are among the risks associated with manufacturing and distribution operations. To learn about the insurance policies that can help companies protect themselves, we spoke with John Heaner, Associate Vice President, Regional Director, Commercial Insurance, Burns & Wilcox, Tampa, Florida. What are some of the greatest risks today in manufacturing and distribution? J.H.: The greatest risk…
New York Construction Sites Show Spike in Work-Related Injuries
Work-related fatalities at New York City building construction sites reached their lowest point in almost 10 years in 2023, according to new data from the city, but work-related injuries increased 25%, Safety+Health magazine reported on May 23. The Department of Buildings\' annual Construction Safety Report indicated that there were 841 building construction-related incidents, 692 injuries and…
Undeclared Allergens Push U.S. Food Recalls to Post-Pandemic High
Food recalls in the U.S. are on the rise, reaching a new high since the pandemic began and reversing the previous trend of decline, according to reports. In total, the U.S. Department of Agriculture and the U.S. Food and Drug Administration together recorded 313 food recalls and public health alerts in 2023, compared to 289 and 286 in 2022 and…
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