Intel
![](https://www.burnsandwilcox.com/wp-content/uploads/2020/02/ims_branding_small.png)
Please type in your search term to see articles.
![P&C Report: 2024 Q3 Outlook](https://www.burnsandwilcox.ca/wp-content/uploads/2024/07/PC_Web_2024-Q3_20240718-375x375.jpg)
P&C Report: 2024 Q3 Outlook
The term “equilibrium” is increasingly being used within insurance circles to describe certain sectors moving toward a state of balance in terms of rates versus supply, terms and conditions. It suggests a growing opinion among industry leaders that Property and Casualty (P&C) is largely in a healthy place. This is true even after a decade-long period characterized by costly CAT…
![P&C Report: 2024 Q2 Outlook](https://www.burnsandwilcox.ca/wp-content/uploads/2024/04/PC_Web_2024-Q2_20240718-375x375.jpg)
P&C Report: 2024 Q2 Outlook
Following several years of double-digit rate increases and restrictive adjustments to Terms and Conditions (T&C), the Property Insurance sector has reached a point of relative stability. Rates are largely modest as insurers secure the required premium, now applying rates against a proper exposure basis—Insurance to Value (ITV). With few exceptions of traditional CAT-prone perils in specific geographies, most carriers are…
![Patient Safety Concerns Intensify as Med Spa Industry Booms](https://www.burnsandwilcox.ca/wp-content/uploads/2024/01/20240201_medspa-375x375.jpg)
Patient Safety Concerns Intensify as Med Spa Industry Booms
Experts are sounding the alarm over the risk of infections and other negative outcomes that patients could face after receiving treatments at medical spas, or med spas, which have boomed in popularity in recent years. According to a recent NBC News report, physicians are seeing more adverse reactions linked to the facilities and there are growing concerns over the clinics…
![Property & Casualty Report: Q2/Q3 2023](https://www.burnsandwilcox.ca/wp-content/uploads/2023/07/BW_Web_PC-EyeOn2023_Q2-Q3_20230412-375x375.jpg)
Property & Casualty Report: Q2/Q3 2023
The title of this quarter’s overview and forecast could easily be: “Profitability Matters.” That is especially true in the Property space for both Personal and Commercial policies. The industry faces daily challenges from CAT storms and events, making every state subject to immediate loss from hurricanes, wildfires, and convective storms—defined as severe local storms associated with wind, thunder, lightning, heavy…
![Health System Pays $1.25 Million in HIPAA Settlement Over 2016 Data Breach](https://www.burnsandwilcox.ca/wp-content/uploads/2023/02/stethoscope-computer_20230223-375x375.png)
Health System Pays $1.25 Million in HIPAA Settlement Over 2016 Data Breach
More than six years after a data breach that disclosed 2.81 million patients’ protected health information, Banner Health has agreed to pay $1.25 million to the U.S. government to settle potential violations of the Health Insurance Portability and Accountability Act (HIPAA), Campus Safety Magazine recently reported. The Arizona-based healthcare system also agreed to implement changes to better protect patient information.…
![New Report: 1 in 7 Physicians Used Alcohol or Controlled Substances at Work](https://www.burnsandwilcox.ca/wp-content/uploads/2022/09/doctors-walking_20220908-375x375.jpg)
New Report: 1 in 7 Physicians Used Alcohol or Controlled Substances at Work
A new report based on a survey of health care providers found that an alarming number of physicians have used alcohol or controlled substances while on the job. The survey, conducted by All Points North, revealed that 1 in 7 physicians admitted to consuming alcohol or using other controlled substances at work during the last three months, with more than…
![Proposed Federal Guidelines Mandate Weekly COVID-19 Testing at Nursing Homes](https://www.burnsandwilcox.ca/wp-content/uploads/2020/08/temperature-check_20200730-890x380-1-890x269-1-375x375.jpg)
Proposed Federal Guidelines Mandate Weekly COVID-19 Testing at Nursing Homes
Nursing homes in some areas would be required to test staff and visitors for COVID-19 on a weekly basis under planned rules from the Trump administration. The testing requirement, announced July 22 as part of a set of initiatives aimed at further protecting nursing home residents from coronavirus, would apply to all nursing homes in states with a 5 percent…
![Malpractice Concerns Amplified for Providers on Coronavirus Front Lines](https://www.burnsandwilcox.ca/wp-content/uploads/2020/04/nurses_20200409-375x375.jpg)
Malpractice Concerns Amplified for Providers on Coronavirus Front Lines
A shortage of acute care doctors and nurses to care for patients suffering from COVID-19 has forced many medical professionals to assume new roles and responsibilities. They are working long hours treating an unprecedented volume of gravely ill patients, often in unfamiliar settings and with insufficient personal protective gear. Many are forced to make life-and-death decisions due to shortages of…
![3 Risk Management Tips For Hospitals in the New Healthcare Environment](https://www.burnsandwilcox.ca/wp-content/uploads/2020/02/news-375x375.jpg)
3 Risk Management Tips For Hospitals in the New Healthcare Environment
With new models of care evolving and new entrants into the market, there have been many changes in the healthcare environment since the passage of the Patient Protection and Affordable Care Act. Brad Rosgen, a healthcare practice leader at Farmington Hills, Mich.-based Burns & Wilcox, provides three risk management tips for healthcare organizations in the new environment.
![Burns & Wilcox Canada Highlights Importance of Fraud Awareness](https://www.burnsandwilcox.ca/wp-content/uploads/2020/02/news-375x375.jpg)
Burns & Wilcox Canada Highlights Importance of Fraud Awareness
Toronto, ON [March 10, 2014] – In support of Fraud Prevention Month, Burns & Wilcox Canada is encouraging Canadian organizations to re-examine the steps they take to protect themselves from fraud. According to the Shred-it 2013 Information Security Tracker survey, each year, the average organization loses an estimated 5 per cent of its revenues to fraud. Of those organizations, 49…
![4 places you should not swipe your debit card](https://www.burnsandwilcox.ca/wp-content/uploads/2020/02/news-375x375.jpg)
4 places you should not swipe your debit card
Breaking news such as the massive data breach at Experian or Target now seems common. Leaving aside the victims of actual fraud, I hear constantly from people who’ve had to swap out every debit and credit card, or whose cards were unilaterally replaced by their bank. This causes all sorts of problems.
![6 Non-Cyber Risks for Technology Companies](https://www.burnsandwilcox.ca/wp-content/uploads/2020/11/The-Kaufman-Standard-scaled-375x375.jpg)
6 Non-Cyber Risks for Technology Companies
Tech firms face multiple perils in addition to cyber risks. Read more at RiskandInsurance.com
Powered by