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Ask the Expert Q&A: Residential Property Insurance

Ask the Expert Q&A: Residential Property Insurance

As today’s homeowners face the mounting pressures of inflation, worsening weather events and more, it is increasingly important for them to protect their assets with Residential Property Insurance policies such as Homeowners Insurance, Flood Insurance and Personal Articles Floaters. To learn more, Crain’s Content Studio spoke with Brandon​​​​ McCarty, Regional Practice Group Leader, Burns & Wilcox, Philadelphia, Pennsylvania. What are…

‘World’s Most Valuable’ Whisky Sells at Auction for $2.7 Million

‘World’s Most Valuable’ Whisky Sells at Auction for $2.7 Million

A bottle of the “world’s most valuable” whisky sold for $2.7 million at Sotheby’s on November 18. The Macallan Valerio Adami 1926 is one of just 40 bottles filled in 1986 after the liquor aged for six decades in sherry casks, making it the oldest Macallan vintage ever made, Forbes reported. Another version of the single-malt whisky, which Sotheby\'s classified…

Inflation Ripple Effect: Homeowners Could Be Underinsured, Experts Warn

Inflation Ripple Effect: Homeowners Could Be Underinsured, Experts Warn

Inflation in the U.S. has fallen from 9% to 3% over the past 12 months, with Americans seeing some relief on the cost of things like gas, groceries and airfare, according to the Associated Press. That leaves inflation still \"significantly above\" the Federal Reserve\'s target of 2%, officials said in recent days, and multiple rate hikes may be needed to…

Property & Casualty Report: Q2/Q3 2023

Property & Casualty Report: Q2/Q3 2023

The title of this quarter’s overview and forecast could easily be: “Profitability Matters.” That is especially true in the Property space for both Personal and Commercial policies. The industry faces daily challenges from CAT storms and events, making every state subject to immediate loss from hurricanes, wildfires, and convective storms—defined as severe local storms associated with wind, thunder, lightning, heavy…

P&C Market Outlook: Q3 2023

P&C Market Outlook: Q3 2023

During this webinar, our experts gathered for an outlook into Q3, including high-level market overviews and insights. https://vimeo.com/845283560/f772266f72?share=copy

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