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Report: More Recreational Boating Accidents Occur in Florida Than Any Other State
As recreational boating season kicks into high gear around the country, new statistics are a reminder to play it safe, especially in states like Florida where more people are out on the water. Reports show that Florida leads the nation in boating accidents and the number of fatalities is on the rise, followed by Texas, California, and Missouri, the Citrus…
Summer is Here: Boat Owners Should Reevaluate Insurance Coverage
A 44-year-old woman was tragically killed after being ejected from a boat that hit a dock on Black Creek in Clay County, Florida, on June 14. The boat was being driven by the woman’s friend Steve Brookins, familiar to many as the drummer in the ‘70s rock band 38 Special, who was injured in the crash and hospitalized, according to…
Recreational Marine
During this webinar, Burns & Wilcox was joined by our own Bill Gatewood and Craig Anderson, plus special guests Rick Salway and Adam Riches, to discuss the state of the Recreational Marine Insurance Market, specialty solutions, and predictions https://vimeo.com/693699596/5df1e3d334
Ask the Expert Q&A: Recreational Marine Insurance
The boating industry has boomed during the pandemic, creating opportunities — and also increasing risks — for those who own, operate, sell or repair watercrafts. To learn more about Recreational Marine Insurance, we spoke with Matt Bryant, Broker, Marine, Burns & Wilcox, Orlando, Florida. What are the greatest risks related to Recreational Marine today? M.B.: The term “Recreational Marine” applies to…
Millions in Jewelry and Cash Stolen After Alleged Burglary Ring Stalks Social Media
Suspected members of a highly-organized burglary ring were arrested in Miami, Florida last month for allegedly using social media and other surveillance techniques to target homeowners in upscale neighborhoods and steal millions of dollars’ worth of jewelry and cash. On February 18, 10 suspects were charged with racketeering, conspiracy and burglary, putting an end to an alleged two-year crime spree…
‘Jeopardy!’ Champion’s $1.8 Million Winnings a Reminder to Safeguard Sudden Wealth
On Monday, May 20, 34-year-old professional gambler James Holzhauer won $89,229 on his return to “Jeopardy!” following a two-week hiatus from regular play. He won another $86,905 on Tuesday, May 21 and set a series record for highest per-game winnings average: $77,798. Holzhauer is the biggest single-game cash winner – $131,127 – and second-biggest overall winner in the show’s 40-year…
60 Percent of Art Damage Claims Arise from Transport
According to the 2019 Art Basel and UBS Global Art Market Report, more artwork is fetching higher sale prices worldwide. Art sales at auctions, art fairs and online reached $67.4 billion in 2018, up 6 percent from the previous year. With the network of dealers and collectors spread across the globe, more art winds up in transit—where matters can become…
Recreational Boating Coverage: The Insurance Lifesaver Your Clients Need to stay afloat
As winter transitions into spring, your boating clients will be itching to get back on the water for days full of fishing, swimming and water sports. Help them make the most of the season by ensuring they have the right coverages in place. Whether your insureds own a small, personal watercraft, or a yacht or charter boat, recreational marine vehicles…
The One Thing Missing in Your Portfolio
She starred in the Hollywood blockbuster Mutiny on the Bounty as well as two Pirates of the Caribbean movies. And she was worth millions. “She” was a historic replica of the HMS Bounty: an iconic tall ship that fell victim to Hurricane Sandy. To boaters, the sinking of the HMS Bounty goes deeper than any ocean. As watercraft enthusiasts, they can empathize with its…
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