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Crane Collapses at YMCA Construction Site, Narrowly Missing Driver
Inside This Article: A recent crane collapse at a Fort Lauderdale YMCA construction site sent equipment partially into the road just feet from a passing driver. Improperly secured loads, inadequate crane stabilization, loads near or above capacity, and wind are among the most common conditions that contribute to crane incidents. Damage to the project or surrounding property can lead to costly
$253,000 and Rising: Senior Care Claim Costs Climb
Inside This Article: Demand for senior care is rising as the number of older adults grows. Recent data shows that senior care claims are becoming more costly and taking longer to resolve. Professional Liability Insurance and Commercial General Liability (CGL) Insurance can respond to claims involving resident injuries and other incidents. Proactive risk management and working with a specialized insurance broker can help
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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…
The Star Wars universe continues to expand — not just on…
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 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…
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…
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
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