Intel

During this webinar, our experts met for a discussion on the state of the Hospitality Insurance market and the residual effects of the COVID-19 pandemic, the resurgence of business, and tips for agents and brokers. Featured Experts: Bonnie Steen, Vice President, Managing Director, Burns & Wilcox, New Orleans, LA Barry Whitton, Managing Director, Broker, Property, Burns & Wilcox Brokerage, Atlanta,…

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 sense of optimism. Carriers are…

Our experts met for a discussion on Commercial Property, including the current trends impacting the property market across the U.S. and Canada. https://vimeo.com/580897816/ad93c6b121

The Commercial Property Insurance market in the U.S. and Canada is continuing to experience tightening of capacity and rising premiums, although rates are not increasing at the rate of Summer/Fall 2020, according to a group of industry experts with Burns & Wilcox. This means brokers need to provide all the documents necessary for renewal or new policies to ensure they…

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.…

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,…

As parents across the U.S. and Canada grapple with their children’s return to school amid a pandemic, “learning pods” have emerged as a potential solution to meeting kids’ academic and social needs while minimizing contact with large groups. Two mothers in Delaware County, Ohio recently launched Web Student Services, LLC, a learning pod startup that pairs certified teachers with limited…

Dozens of hand sanitizer products have been recalled or recommended for recall for potentially containing methanol, which can be toxic when ingested or absorbed through the skin. The U.S. Food and Drug Administration (FDA) first alerted consumers in June about the presence of methanol, also known as wood alcohol, in nine products. Since then, the agency has expanded the warning…

Caesars Palace, MGM Resorts and several other Las Vegas hotel-casinos are slated to resume operations starting June 4, according to the Nevada governor’s May 26 press release. Though Las Vegas casinos must implement requirements such as mandatory temperature checks for guests and are subject to various restrictions, reopening is a significant milestone in the embattled hospitality sector’s recovery from coronavirus-related…

Businesses in the United States and Canada have had to adapt to an unprecedented set of uncertain and rapidly evolving circumstances in recent weeks. According to a recent Goldman Sachs survey of U.S. small business owners, 96 percent say that they have already been impacted by coronavirus, or COVID-19. Some businesses have reduced hours or shut down,…

Earlier this month, the parents of Jonathan Swierski, a 20-year-old man fatally shot last July in the parking lot of his apartment complex in Matthews, North Carolina, filed a lawsuit against the complex’s property management company, Highmark Residential LLC, citing “negligent security” as a factor in their son’s tragic death. The altercation that led to Swierski’s death outside Paces Pointe…

While everyone is Irish on March 17, nearly 40 million residents in the U.S. and more than 4 million in Canada actually claim Irish heritage. These Irish descendants, actual and adopted, make St. Patrick’s Day a highly profitable occasion for bars and restaurants. The holiday’s popularity is rising, according to the National Retail Federation: Americans spent nearly $6 billion last…