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Condo Collapse Prompts Evacuation, Inspections of Similar Buildings

Condo Collapse Prompts Evacuation, Inspections of Similar Buildings

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…

Video: Commercial Updates – Habitational Shifts

Video: Commercial Updates – Habitational Shifts

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  

Video: Expertise & Global Reach – London Market Advantage

Video: Expertise & Global Reach – London Market Advantage

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  

Webinar: P&C Market Outlook – Q2 2026

Webinar: P&C Market Outlook – Q2 2026

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,…

Risks on the Rise: New Data Highlights Top Claims for Small Businesses

Risks on the Rise: New Data Highlights Top Claims for Small Businesses

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,…

P&C Report: 2026 Forecast

P&C Report: 2026 Forecast

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…

‘Precious Family Heirlooms’ Lost After Bridal Shop Fire, Water Damage

‘Precious Family Heirlooms’ Lost After Bridal Shop Fire, Water Damage

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…

Video: Reinsurance Trends Shaping the 2026 Market

Video: Reinsurance Trends Shaping the 2026 Market

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  

Video: 2026 Commercial Insurance Outlook

Video: 2026 Commercial Insurance Outlook

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  

Webinar: Eye on 2026 – P&C Market Outlook

Webinar: Eye on 2026 – P&C Market Outlook

Kick off the new year with fresh insights into the Property & Casualty insurance market. Watch the Burns & Wilcox Eye on 2026 webinar recording for expert perspectives on how 2025 shaped market conditions—and what’s ahead for Personal, Commercial, and Professional Liability Insurance in 2026. Topics discussed include: Reinsurance trends influencing pricing and capacity Emerging risks and the impact of technology and AI on…

Ask the Expert Q&A: Commercial Property Insurance

Ask the Expert Q&A: Commercial Property Insurance

Whether it is a small storefront or a sprawling distribution center, every commercial property faces risks such as burst pipes, electrical fires, or storm damage that could disrupt operations and result in major financial setbacks. To learn how Commercial Property Insurance can help business owners protect their assets, we spoke with Barry Whitton, Managing Director, Broker, Property, Burns & Wilcox, Brokerage Division,…

Habitational Market Overview: Property & Casualty Trends

Habitational Market Overview: Property & Casualty Trends

Key Takeaways The Property market is softening: rates are down, terms are broader, deductibles are lower, and capacity is expanding. The Casualty market remains firm, with rising rates and tighter terms driven by social inflation and nuclear verdicts. Catastrophic perils—especially wildfire and wind—continue to drive demand for specialized solutions such as Wrap programs, wind pools, and deductible buy-downs. Ordinance & Law, Equipment Breakdown, and Habitability Insurance are often…

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As wildfires continue to affect communities throughout Los Angeles County, we want to express our heartfelt support for the residents, first responders, and all those working tirelessly to combat these devastating fires.

We understand the challenges posed by this crisis. If you need assistance or have questions about your client's coverage during this time, the team at Burns & Wilcox is here to help.