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Property & Casualty Market Overview: Q3 2020
By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group The Property & Casualty (P&C) insurance marketplace continued its momentum from the first half of 2020 into the third quarter showing no signs of retreat. The Burns & Wilcox Q2 2020 Property & Casualty Market Overview was packed with information on overall market conditions, new capacity, consolidation,
5 Tips for a Safer Holiday Season, Online and At Home
Cybersecurity experts are warning consumers about a new scam that capitalizes on the pandemic forcing many seasonal gift shops and pop-up markets to go virtual this year. In a scam alert issued on November 13, the Better Business Bureau said cybercriminals are using copycat shopping event sites and social media pages to charge admission and steal credit card data. In
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Personal Cyber Protection: Improve Your Clients\' Digital Wellbeing Thursday, September 3, 2020 at 1:30 PM ET Join presenters Bill Gatewood and David Derigiotis for a discussion on the latest cyber threats targeting homeowners and available resources to better secure their personal information online. REGISTER NOW ________________________________________________________________________________________________________________________ Habitational Insurance Thursday, September 17, 2020 at 1:30 PM ET Please join us for a…
A shortage of qualified, experienced drivers is contributing to increased risks in the transportation industry. To learn more about the state of the industry and its implications for Transportation Insurance, we spoke with John Woods, Vice President, National Practice Group Leader, Transportation, Burns & Wilcox, Scottsdale, Arizona. How does the shortage of drivers impact transportation risks? The continuing shortage of…
Kroger Health recently announced that it will offer rapid COVID-19 antibody testing at all of its pharmacy and clinic locations by the end of November. The Kroger Company grocery store chain will charge $25 for the test, which can detect previous coronavirus infection and typically generates results in about 15 minutes. The COVID-19 antibody test is reported to be available…
A Wisconsin man who recently won $22 million playing the state’s Powerball lottery has followed through on a decades-old promise to split the jackpot with his friend. Thomas Cook and his friend fishing partner, Joseph Feeney, reportedly made a handshake agreement 28 years ago to split any lottery winnings if either of them ever hit the jackpot. Cook made good…
Mold contamination, storage tank leaks and other environmental hazards can cost hundreds of thousands of dollars to resolve, yet approximately 90 percent of all environmental losses are not covered by insurance. To learn more about mitigating environmental risks, we spoke with Gina Jones, Vice President, Director, Environmental Programs, Burns & Wilcox. What businesses are at risk for environmental losses? G.J.:…
Google parent company Alphabet Inc. recently agreed to a $310 million settlement of shareholder lawsuits accusing the internet search giant of mishandling sexual misconduct allegations lodged against executives. In the settlement, Alphabet pledged to invest $310 million in diversity, equity and inclusion programs at Google over a 10-year period. It also agreed to more than 80 updates and revisions to…
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WEST BATH, Maine (NEWS CENTER) — Police are asking for the public’s help finding out who vandalized several cars on a used car lot. On Saturday morning, employees at New Meadows Auto Sales realized that nineteen vehicles in their lot had been scratched. That’s almost their entire inventory.
Severe floods in the United States and overseas coupled with changes to the U.S. National Flood Insurance Program are stirring heightened interest in the commercial flood insurance market.
Presented by: Patrick Barco, Manager, Ocean Marine, Burns & Wilcox Canada Special Guests: Mark Engel, Managing Director, RB Jones, and John Gambino, Underwriting Manager, Cargo, RB Jones Hosted by: Jodie Kaufman Davis, Corporate Senior Vice President, Managing Director, Burns & Wilcox Canada In this webinar, we: Provide an overview on the Ocean Cargo segment of the Marine Insurance market Discuss supplier…
Peloton recently announced that it is recalling the pedals on 27,000 indoor stationary bikes after receiving reports of 16 injuries and 120 pedal breakages. A statement from the high-end spin bike maker said the recall applies to PR70P pedals placed on bikes sold between July 2013 and May 2016 and recommends discontinuing use of affected bikes until new pedals are…
The demand for Cyber & Privacy Insurance products has exploded in 2020 based on both natural market growth associated with ever-increasing threats to online systems and the COVID-19 impact that has accelerated the working from home trend, video communications and the need for other high-tech systems to support business and personal needs. Ransomware, social engineering and other digital attacks have…
Special Guest: Hank Watkins, Lloyd\'s Regional Director & President, Americas Hosted by: Paul Smith, Vice President, Carrier Relations, H.W. Kaufman Group During this webinar, we discussed: An overview of Lloyd\'s in the United States The future of the market Technology\'s role in improving processes and agent experiences https://vimeo.com/468713280/a60c13daa4
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