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Century-Old Clubhouse Destroyed by Fire Faces Complex Rebuild
Inside This Article: A fire recently destroyed the historic Lochmoor Country Club clubhouse in Grosse Pointe Woods, Michigan. Historic properties may require specialized Commercial Property Insurance with Historical Replacement Cost to reproduce original materials, designs, and craftsmanship after a loss. Business Interruption Coverage and Extra Expense Coverage can help companies recoup lost revenue and maintain payroll during restoration. Updates
$25.6 Billion in Nuclear Verdicts Raises Stakes for Businesses
Inside This Article: “Nuclear” verdicts increased 40.7% in 2025, reaching their highest annual total since 2009, according to Marathon Strategies. The nearly 200 verdicts of at least $10 million in 2025 totaled approximately $25.6 billion. Claims that have previously stayed within primary insurance limits are increasingly reaching Excess Liability Insurance layers. Business owners are encouraged to closely review policy
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Inside This Article: A recent lawsuit alleges a teen suffered serious injuries after jumping into a pool during a senior skip-day party at a home in Arizona. The lawsuit claims the homeowners were aware of the party, which allegedly included underage drinking and had more than 100 attendees. Homeowners Insurance can help respond to third-party bodily injury lawsuits, including legal…
Inside This Article: Two major warehouse fires that erupted in California within the span of a week caused significant physical damage and raised environmental concerns. Officials are investigating the causes of both fires as cleanup efforts move forward. Property damage, business interruption, and environmental impacts can be covered by insurance policies including Commercial Property Insurance and Site Pollution Liability Insurance. Accurate property…
In our recent Q3 P&C Market Outlook webinar, Ryan Ascenzo, Senior Broker, Professional Liability, Burns & Wilcox, Brokerage Division, New York, New York, discussed how AI is influencing emerging cyber exposures and what that could mean for Cyber Insurance going forward. Watch a highlight from the discussion below. https://vimeo.com/1208796170/7fa70debfb?share=copy&fl=sv&fe=ci
Continued rate softening and the return of admitted market capacity is reshaping the Personal Insurance market. In our recent P&C Market Outlook webinar, Ryan Connolly, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Nashville, Tennessee, discussed why carriers are approaching technical rate floors and what that could mean for market conditions in the months ahead. Watch a highlight…
As the Commercial Insurance market continues to evolve, maintaining accurate property valuations has never been more important. In our recent P&C Market Outlook webinar, William Briscoe, Vice President, Alabama & Mississippi, Managing Director, Burns & Wilcox, Birmingham, Alabama, discussed why underwriting discipline and valuation integrity continue to drive the best outcomes in today\'s market. Watch a highlight from the discussion…
Softening Property rates, catastrophe exposures, and evolving underwriting priorities are creating new challenges and opportunities across the insurance marketplace. Watch the Q3 2026 P&C Market Outlook recording for expert insights on: Property market conditions and weather-driven trends Casualty market competition and changing carrier appetite Professional Liability developments, including Cyber, D&O, EPLI, and AI-related exposures Strategies for building stronger submissions and…
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