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$17.8T at Risk as 43.5M Homes Face Rising Hail Threat

$17.8T at Risk as 43.5M Homes Face Rising Hail Threat

Inside This Article:  Hail deductibles have increased by 25% in Alberta as hail risk intensifies, according to CatIQ’s 2026 Industry Exposure Database update. Hail-prone regions in western Canada are seeing rising insurance costs and coverage adjustments tied to recent storm losses, according to CatIQ. Insurers are increasingly implementing Wind and Hail Deductibles and Roof Settlement Schedules on Homeowners Insurance policies. Property owners should

Condo Collapse Prompts Evacuation, Inspections of Similar Buildings

Condo Collapse Prompts Evacuation, Inspections of Similar Buildings

Inside This Article:  A partial structural collapse at an Illinois condominium complex in early March forced a full evacuation and prompted inspections of nearby buildings.  Officials said early findings point to the failure of a support column in an underground garage.  Habitational Insurance programs, including Commercial Property Insurance and Commercial General Liability (CGL) Insurance, can help cover building repairs and potential third-party liability

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As wildfires continue to affect communities throughout Los Angeles County, we want to express our heartfelt support for the residents, first responders, and all those working tirelessly to combat these devastating fires.

We understand the challenges posed by this crisis. If you need assistance or have questions about your client's coverage during this time, the team at Burns & Wilcox is here to help.