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Med Spa Hit With $25,000 Penalty Over Unauthorized Drugs
Inside This Article: An Ohio med spa was fined $25,000 after investigators found unauthorized prescription drug orders and other violations. A patient lost consciousness after using a drug provided by one of the med spa’s owners, according to the state investigation. Medical Malpractice Insurance and Commercial General Liability (CGL) Insurance can address different aspects of med spa risks. As
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
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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…
Misleading marketing materials, website content and social media posts can quickly become a significant Healthcare Liability exposure. In this short clip from our recent webinar on regenerative and alternative therapies, Lily Chetosky, Broker, Professional Liability, Burns & Wilcox, Chicago, Illinois, explains how patient expectations shaped by marketing can lead to costly claims. https://vimeo.com/1177367526/0dad2278f1?share=copy&fl=sv&fe=ci
Inadequate patient screening in Telehealth can create significant Healthcare Liability exposure. In this short clip from our recent webinar on regenerative and alternative therapies, Kelli Bernstein, Inside Broker, Brokerage Division, Burns & Wilcox, Atlanta, Georgia, explains how gaps in screening and evaluation can lead to increased risk and potential claims. https://vimeo.com/1177366805/c08e5cfc77?share=copy&fl=sv&fe=ci
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