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Two Outer Banks Homes Collapse Into Ocean on Same Day

05.18.22

Two unoccupied homes in the Outer Banks collapsed into the ocean on May 10, with dramatic video footage showing one of the houses get rapidly swept away after the wooden stilts holding it up broke apart. The other home collapsed only hours earlier, spreading debris across a wide path and leading officials to close area […]

Intel

Millions of Honeybees Killed in Delta Shipping Disaster

05.11.22

Millions of honeybees tragically died on a hot airport tarmac in Atlanta after a series of mistakes that occurred while the bees were being shipped from California to Alaska. According to reports, the 800-pound shipment of bees could not be accommodated on its original Delta Air Lines flight due to an aircraft change that rerouted […]

Intel

Hero

05.11.22

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Ask the Expert Q&A: Cryptocurrency

05.10.22

As more businesses begin investing in cryptocurrency and accept it as a form of payment, a rapidly growing insurance market has emerged to address the myriad of risks associated with the digital currency. To learn more about cryptocurrency-related risks and insurance coverages, Crains Content Studio spoke with David Derigiotis, Corporate Senior Vice President, National Professional […]

Intel

Burns & Wilcox Brand Ambassador Max Homa Wins Fourth PGA Tour Title at Wells Fargo Championship

05.10.22

Homa secures second win at this tournament and with Team Burns & Wilcox   Farmington Hills, Mich. (May 10, 2022) Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage and underwriting, today is recognizing Max Homa one of its brand ambassadors on winning the Wells Fargo Championship this past weekend in Potomac, Maryland. […]

Newsroom

Cannabis Lounges Bring New Risks to Fast-Moving Industry

05.04.22

In a growing number of communities around the U.S., new cannabis lounges are offering a social setting where guests can openly use marijuana products. Colorado and New Mexico both saw their first cannabis lounges open in April, Michigans first marijuana lounge is set to open this summer, and officials in Nevada are currently discussing how […]

Intel

Property & Casualty Report: Q1 2022 Market Overview & Q2 Forecast

05.03.22

As we enter the long-awaited season of Spring which conjures up thoughts of new beginnings, I draw parallels to the Excess & Surplus (E&S) Insurance industry. Several years of disciplined underwriting, including increased rates, adjusted limit deployment, and careful tweaking of policy language, coupled with a tamping of COVID-19 restrictions is resulting in this renewed […]

Intel

Upcoming Webinars

05.01.22

The State of the Construction Market Thursday, May 26 at 1:30 PM ET Join us for a discussion on the state of the construction market, including commentary on primary, excess and NY construction markets. Special Guests: Alex Arnold, Senior Broker, Casualty, Burns & Brokerage, New York, NY Peter Youtt, Broker, Burns & Wilcox Brokerage, Dallas, […]

Intel

Dog Attack, THC-Spiked Cracker Incident Underscore Home Day Care Risks

04.27.22

A 3-year-old girl required 180 stitches to her face and spent days in the hospital after being tragically attacked by a dog April 2 at a home day care in Hemet, California. The attack is one of multiple incidents involving home day care facilities to make headlines in recent weeks. On April 22, police responded […]

Intel

P&C Market Outlook: Q2 2022

04.20.22

During this webinar, Burns & Wilcox experts provide a high-level market insights on specialty transportation, healthcare, and residential property insurance markets. Special guests include: Karl Olson, Vice President, Professional & Management Liability Practice Leader, Burns & Wilcox Brokerage, San Francisco, CA; Rachel Salter, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, New Orleans, LA; […]

Intel

Louis Vuitton Virtual Try-On Tool Collected Customers Facial Scans, Lawsuit Claims

04.20.22

A virtual try-on tool for sunglasses offered by Louis Vuitton collected customers facial scan data without their consent, violating the Illinois Biometric Privacy Protection Act, a new lawsuit against the luxury brand alleges. The proposed class-action suit, filed April 8, claims the LVMH corporations North America unit took biometric data from online shoppers when they […]

Intel

Workers’ Compensation Market Overview

04.19.22

The Workers Compensation market has been significantly impacted by COVID-19 and several other factors over the last year. What has not changed is that we are in the eighth consecutive year of a soft market within Workers Compensation that offers plenty of opportunity for capacity and competitive prices for clients. Current headwinds indicate that trend […]

Intel