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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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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
Personal Insurance market conditions are presenting new opportunities for brokers and agents to secure broader coverage and more competitive terms for clients. In this clip from our Q2 P&C Market Outlook webinar, Kate Wright, Vice President, Senior Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Indianapolis, Indiana, discusses how increased carrier appetite and moderating rates are shaping placements across the…
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: Hasbro recently detected a cyber incident that involved unauthorized access to its network. The toy company said containment measures could impact operations for weeks and potentially cause delays in order fulfillment as the investigation continues. Cyberattacks can create immediate operational and financial strain for companies, even before the full scope of a breach is known. Cyber & Privacy Liability Insurance can…
Key Takeaways  Rapid growth in regenerative and alternative therapies is expanding Healthcare Liability exposures across medspas and healthcare providers.  Coverage considerations are multifaceted, with many carriers applying exclusions, limitations, and strict underwriting requirements for therapies that are not approved by Health Canada or that are used outside their authorized indications. A complex regulatory environment, driven by federal and provincial oversight, impacts how Healthcare Liability risks are evaluated and underwritten.  …
Inside This Article: Wagner SprayTech has recalled more than 700,000 power steamers after receiving at least 156 reports of overheating and hot water release, including more than 50 burn injuries. The recall comes just weeks after another large-scale steam cleaner recall by Dupray, whose product was linked to 15 reports of boiler ruptures and four injuries. Consumer bodily injury claims can…
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