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‘Airbnb for Backyard Pools’ Trend Raises Liability Flags for Homeowners

‘Airbnb for Backyard Pools’ Trend Raises Liability Flags for Homeowners

An increasing number of homeowners are renting out their backyard pools to earn extra cash, the Wall Street Journal recently reported. At least 13,000 pool owners in the U.S. have signed up to rent out their pools by the hour through Swimply, an online platform that launched in 2020, while others are offering their swimming pools for rent on a…

Upcoming Webinars

Upcoming Webinars

High-Net-Worth Solutions Thursday, August 19 at 1:30 PM ET Join our experts for a discussion on High-Net-Worth Solutions, including the state of the market, challenges, and specialty solutions. Featured Experts: Heather Posner, Managing Director, Burns & Wilcox, Cleveland, OH Sarah Chandonnet, Manager, Personal Insurance, Burns & Wilcox, Detroit/Farmington Hills, MI Dan Verdun, Senior Underwriter, Personal Insurance, Burns & Wilcox, Parsippany,…

Neutrogena, Aveeno Sunscreens Recalled After Carcinogen Found in Samples

Neutrogena, Aveeno Sunscreens Recalled After Carcinogen Found in Samples

A variety of Neutrogena and Aveeno sunscreen sprays are being recalled by Johnson & Johnson after trace amounts of benzene, a known carcinogen, were found in samples of the products. The voluntary recall announced July 14 affects five sunscreens that were distributed nationwide and packaged in aerosol cans. The company and the FDA are now investigating how the chemical might…

Property & Casualty 2021 Q2 Market Overview & Q3 Forecast

Property & Casualty 2021 Q2 Market Overview & Q3 Forecast

By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group As the world begins to emerge from the COVID-19 pandemic, it is abundantly clear, the “new normal” will reshape all of our organizations. One of our many goals is to keep you updated on the rapidly evolving insurance marketplace where adjustments have arguably never been more fluid.…

Dozens of Lawsuits Filed After Condo Collapse in Florida

Dozens of Lawsuits Filed After Condo Collapse in Florida

The sudden collapse of the Champlain Towers South condo building in Surfside, Florida on June 24, which tragically caused at least 95 deaths and left 14 residents still missing, has prompted multiple lawsuits against those involved in the beachside residence’s construction and maintenance. As of July 10, at least a dozen suits had been filed on behalf of victims and…

Ask the Expert Q&A: Commercial Property Insurance

Ask the Expert Q&A: Commercial Property Insurance

Fire, water intrusion, and on-site accidents are among the common perils threatening commercial properties on a regular basis. To learn more about Commercial Property Insurance, Crain’s Content Studio spoke with Tyson Peel, Vice President and Director, Property & Casualty, Burns & Wilcox Canada, Toronto, Ontario. What are the greatest risks for commercial property owners today? T.P.: Fire damage, water damage,…

Restaurant Labor Shortages Strain Recovery Efforts, Escalate Risks

Restaurant Labor Shortages Strain Recovery Efforts, Escalate Risks

Despite moderately increased sales and rising consumer confidence in the safety of dining out, restaurants in the U.S. and Canada are still facing a major hurdle in their efforts to reopen: they do not have enough workers. Restaurants employed 1.5 million fewer workers in May of this year compared to pre-pandemic levels, TIME magazine recently reported, and one survey found…

Customer Sues McDonald’s Over Voice Recognition Technology

Customer Sues McDonald’s Over Voice Recognition Technology

A new lawsuit against McDonald\'s accuses the company of violating an Illinois privacy act by using voice recognition technology on customers without their consent. Shannon Carpenter reportedly had his drive-thru order taken by the artificial intelligence-based voice assistant program Apprente — an automated system being tested at 10 McDonald’s stores — when he visited the fast-food chain’s Lombard, Illinois location…

Six Flags Ride Accident Demonstrates Liability Risk of Summer Fairs and Events

Six Flags Ride Accident Demonstrates Liability Risk of Summer Fairs and Events

Two amusement park visitors were taken to the hospital on June 13 after a ride malfunction at Six Flags Great Adventure in Jackson Township, New Jersey. The incident happened on the Saw Mill Log Flume ride when one of its boats nearly tipped over after making a four-story descent into the water. The 18- and 22-year-old riders who were hurt…

Fire at Historic Mackinac Island Home Causes $1 Million in Damages

Fire at Historic Mackinac Island Home Causes $1 Million in Damages

A historic home on Michigan’s famed Mackinac Island caught fire on May 30, leaving more than $1 million in damages to the 120-year-old cottage. No one was injured in the blaze, which was reportedly caused by a chimney failure that occurred about two hours after a fireplace was lit on the home’s first floor. Fire officials described the roof and…

Workers Injured as Metal Beams Fall ‘Like Dominoes’ at Construction Site

Workers Injured as Metal Beams Fall ‘Like Dominoes’ at Construction Site

Two workers narrowly avoided serious injuries after being thrown from horizontal metal beams at a construction site on the Boston University campus May 14. The accident happened when a steel column fell to the side, causing the adjacent beams to topple “like dominoes” and partially collapse the steel frame of what is slated to become a 13-story data sciences building…

Ask the Expert Q&A: Errors & Omissions Insurance

Ask the Expert Q&A: Errors & Omissions Insurance

Professional errors are a risk in any industry and can lead to severe financial loss. To learn more about the Errors and Omissions (E&O) Insurance, we spoke with Kenneth Labelle, Broker, Professional Liability, Burns & Wilcox Brokerage, Chicago, Illinois. What are the greatest risks related to Errors & Omissions? K.L.: There are hundreds of different classes of E&O business, from…

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