Intel

Residential Property insurers are adapting to more frequent natural disasters and rising repair costs. In this video from our recent P&C webinar, Danielle Alessandrini, Associate Vice President, Underwriting Director, Personal, Burns & Wilcox, Farmington Hills, Michigan, discusses how carriers are adjusting rates, changing appetites, and introducing new programs and risk management strategies to better protect homeowners. https://vimeo.com/1127184947/1f94588a8d?share=copy

With shifting carrier appetites, emerging risks, and the expanding role of the Excess & Surplus (E&S) sector, brokers and agents must remain agile and informed. This session will provide timely insights to help you navigate the fourth quarter and prepare for 2026. Topics include: The latest trends and challenges across each line of business How admitted carriers are reentering previously…

Inside This Article: A boat crash on Lewis Smith Lake in April during a Major League Fishing tournament resulted in three deaths and injuries to two others. The family of one of the victims recently filed a lawsuit against Major League Fishing, its president, an angler, and a boat guide, claiming negligence and wrongful death. Personal Umbrella Insurance can…

Inside This Article: A homeowner in Oklahoma City incurred $22,000 in damages after a water main break flooded her basement. The owner had no coverage for the damage under her Homeowners Insurance policy and could not get assistance from the city. Many standard Homeowners Insurance policies exclude water damage from sources outside of the home, such as water main…

Inside This Article: A signed 1986-87 Fleer Michael Jordan rookie card sold at auction for $2.5 million, setting a new record for a Jordan rookie card. The card was one of only nine signed by Jordan in 2024 and marked the first sports collectible offered by Pharrell Williams’ auction house Joopiter. Interest in sports collectibles remains high in the…

Key Takeaways: Property & Casualty (P&C) market conditions are stabilizing, with increased competition and moderating rates—though CAT-prone regions remain volatile. Excess & Surplus (E&S) carriers remain vital for distressed sectors like Habitational, Hospitality, and Liquor Liability, even as admitted carriers return to select segments. Severe weather is reshaping risk, as seen in recent Texas flooding and California wildfires earlier…

Inside This Article: A homeowner’s metal roof was partially torn off during a recent thunderstorm in Rogersville, Alabama, causing water damage to the home. It was the third severe weather event to hit Rogersville this year, including two earlier tornadoes. Convective storms are becoming more frequent and severe, bringing dangerously high winds to areas not commonly impacted by this…

Inside This Article: A group of teens threw an unauthorized party at a Palm Beach County Airbnb, causing an estimated $7,000 in damage. The damage included a broken front gate, missing blinds, and a burnt electrical outlet, in addition to lost income from a canceled future booking. Coverage under standard Homeowners Insurance policies may not apply to short-term rentals,…

Inside this article: Wildfire season is year-round for many western U.S. states and Canadian provinces, and 2025 is predicted to be a higher-than-average wildfire season. The devastating southern California wildfires in January caused more than $30 billion in insured losses and forced some carriers to exit the market. The California homeowners’ insurance market has recorded a $10 billion underwriting…

Inside This Article: An 82-year-old woman in Georgia was awarded over $4.2 million in relation to a 2020 incident in which she was attacked by her neighbor’s dog. Settlements for dog bites and other Personal Liability claims are on the rise as medical and legal costs continue to climb. The cost of dog bite-related injury claims increased 18.3% in…

Key Takeaways: Rates are beginning to stabilize or even decline in some non-CAT areas. Market capacity remains healthy, particularly in non-admitted spaces, although often through layered placements, which are becoming more common. Carriers are increasing reliance on exclusions and higher deductibles to manage risk. Wildfire and convective storm risks are driving significant change in both Personal and Commercial Insurance.…

A heartbreaking accident in Twin Falls, Idaho, left a father paralyzed after attempting tricks on a backyard trampoline during a friend’s barbecue, KMVT reported. The devastating incident is a reminder of how quickly everyday moments can turn tragic—and the liability risks homeowners may face when someone is seriously injured on their property. “The incident is a…