Intel

Inside This Article: A mysterious object crashed through the roof of an auto shop in New Jersey on April 9, causing substantial damage. The incident was captured on surveillance cameras and described by witnesses as a “giant fireball” followed by a loud boom, fueling concerns about the dangers of falling objects after previous drone sightings around the state. A…

Key Takeaways: Canada\'s Hospitality Insurance market is softening, but high-liquor-revenue establishments still face placement challenges. Social media marketing can significantly impact a business\'s insurability. Liquor sales exceeding 50% of revenue make coverage harder to obtain, reinforcing the need for diversified income streams. Liquor Liability insurance is not a one-size-fits-all policy and must be customized to each business\'s unique circumstances,…

Lisa Campbell, Associate Manager, Halifax, Atlantic Division, Burns & Wilcox, Halifax, NS, discusses the softening of Canada’s Hospitality Insurance market, leading to increased competition. However, coverage challenges remain in certain high-risk areas. Watch now for expert insights. https://vimeo.com/1056903385/b9710935b6?share=copy For additional intel, watch the full Hospital Insurance webinar recording here.

Bars, restaurants, and other hospitality businesses are increasingly seeking insurance coverage from Excess and Surplus (E&S) markets, particularly for Liquor Liability. Watch our latest webinar for insights on: Factors prompting admitted carriers to withdraw from the hospitality sector. Common exclusions in policies that can lead to significant coverage issues during claims. The importance of aligning a business’s social media posts…