Intel

Inside This Article: A judge issued a default judgment in favor of an Ohio confectionery business after a contractor failed to respond to claims tied to a 2024 demolition incident, WFMJ-TV reported. The lawsuit alleged that debris from a nearby building teardown damaged a neighboring business and equipment, with another establishment also reporting impacts. Contractors performing demolition work face significant third-party…

Key Takeaways While the P&C market is softening and rates are moderating as capacity expands, underwriters remain selective, requiring well-structured submissions to secure optimal terms. Carrier capacity is strong across most lines, with specialty solutions and improved risk mitigation enhancing options for complex and hard-to-place risks. Most Commercial sectors show stable pricing, though litigation and rising loss severity continue to pressure underwriting and…

Inside This Article: Hail deductibles have increased by 25% in Alberta as hail risk intensifies, according to CatIQ’s 2026 Industry Exposure Database update. Hail-prone regions in western Canada are seeing rising insurance costs and coverage adjustments tied to recent storm losses, according to CatIQ. Insurers are increasingly implementing Wind and Hail Deductibles and Roof Settlement Schedules on Homeowners Insurance policies. Property owners should…

Inside This Article: A partial structural collapse at an Illinois condominium complex in early March forced a full evacuation and prompted inspections of nearby buildings. Officials said early findings point to the failure of a support column in an underground garage. Habitational Insurance programs, including Commercial Property Insurance and Commercial General Liability (CGL) Insurance, can help cover building repairs and potential third-party liability…

Shifting conditions are opening the door to greater flexibility within Habitational Insurance. In this clip from our Q2 P&C Market Outlook webinar, Chris Siegel, Vice President, Florida, Managing Director, Burns & Wilcox, Orlando, Florida, explains what is changing and how brokers and agents may be able to secure more favorable terms and conditions for their clients. https://vimeo.com/1184129666/a07d9b5973?fl=ip&fe=ec  

The London market offers a high degree of flexibility, specialized expertise, and the ability to structure complex, multinational risks. In this clip from our Q2 P&C Market Outlook webinar, Declan Durkan, Managing Director, Non-Marine, Burns & Wilcox Global Solutions, London, United Kingdom, explains how these strengths support more tailored and effective placements. https://vimeo.com/1184126139/22494f288b?share=copy&fl=sv&fe=ci  

Stay ahead of changing market conditions with the Q2 P&C Insurance Outlook webinar recording, now available on demand. Featuring experts from Burns & Wilcox and the London market, this session provides insight into moderating rates, strong capacity, and underwriting discipline across Personal, Commercial, and Professional Liability Insurance—helping brokers and agents better serve their clients and secure more comprehensive coverage. Highlights include: Pricing, capacity,…

Inside This Article: A recent analysis found that water and freezing damage claims comprised about 20% of small business insurance claims in 2025, compared to 15% in 2015. Fire continues to be the costliest type of loss, with average claim severity rising to approximately $80,000 in 2025, more than double 2015 levels, Risk & Insurance reported. Rising repair expenses, labor shortages,…

Key Takeaways The E&S P&C market is in a strong position, supported by disciplined underwriting and strong carrier appetite. The E&S marketplace has recorded 14 consecutive years of premium growth, with Casualty lines representing the majority of direct premiums written. Social inflation, nuclear verdicts, and litigation funding continue to influence underwriting and pricing decisions, while tort reform in select states is beginning to…

Inside This Article: A three-alarm fire at Baltimore’s historic “Castle on Keswick” building caused extensive water damage that destroyed wedding gowns and other property at Jill Andrews Gowns. The loss included client-owned items stored for fittings and alterations, raising concerns over who is financially responsible for damaged heirlooms. Commercial Property Insurance may not cover customers’ belongings, making specialized policies…

In this clip from the Eye on 2026 P&C webinar, Chris Zoidis, President & Chief Executive Officer, Atain Insurance Companies, explains why the January 1 renewal cycle delivered bigger‑than‑expected Property rate drops and what it means for the 2026 market. https://vimeo.com/1152988213/8a2ae13848?share=copy&fl=sv&fe=ci  

Scott Higgins, Executive Vice President, Commercial Insurance, Burns & Wilcox, breaks down why Property pricing is trending downward for well-controlled risks, General Liability remains largely stable, and Transportation continues to face persistent pricing pressure. See what’s ahead in this Commercial Insurance Outlook excerpt from the Eye on 2026 P&C Webinar. https://vimeo.com/1153010452/f0cfe33b24?share=copy&fl=sv&fe=ci