For those clients who own a business of any size, it is important to obtain the necessary coverage to protect against the wide variety of risks associated with commercial operations. From general to specialized coverage, Burns & Wilcox has unparalleled access to the broadest range of Commercial Insurance Coverage available.
I've recommended Burns & Wilcox to other producers at my brokerage and have had shining reviews back from each of them, regarding response time, coverage available that isn't offered by other markets, and increased ease of business. Burns & Wilcox quickly became my go-to market for specialty risk quotes as a result of the service provided
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Approximately 500,000 gallons of wastewater that had not been fully treated leaked into the Willamette River in Portland, Oregon, earlier this month after a malfunction at a sewage treatment facility. The incident, which began at Tryon Creek Wastewater Treatment Plant, prompted officials to issue an advisory urging residents to avoid the waterway for 48 hours due…
Peloton is recalling nearly 2.2 million exercise bikes after receiving 35 reports of seat posts unexpectedly breaking during use, the company announced on May 11. The voluntary recall can be remedied with a free updated seat post that users can self-install. Customers are asked to immediately stop using their affected bikes until the update is completed. [lgc_column grid=\"50\" tablet_grid=\"50\" mobile_grid=\"100\"…
A bill that would give cannabis businesses access to financial services was recently reintroduced in the U.S. House of Representatives and Senate. The Secure and Fair Enforcement (SAFE) Banking Act, which has bipartisan support, was passed in the House multiple times and could be voted on in the Senate this year, CNBC reported April 27. Federal…
We have seen few changes in the Property & Casualty (P&C) marketplace from Q1 through Q2 of 2023, however, the broader picture is becoming clearer now that 2022 year-end financial filings are available. According to ALIRT Insurance Research, the discrepancy between Personal and Commercial Lines Composite underwriting is historically wide. Namely, the Personal Lines Composite combined ratio of 109 percent…
A new report from the U.S. Geological Survey (USGS) indicates that the economic toll of earthquakes has reached an estimated $14.7 billion in total annualized building damages and associated losses. That figure is double previous estimates and accounts for higher property values, building improvements and other factors, Property Casualty 360 recently reported. Released April 18 in…
A 30-year-old woman was sent to the hospital and listed in critical condition after a concrete slab from an apartment building facade broke off and struck her in the head while she walked down the sidewalk in Philadelphia, Pennsylvania, in early February. Contractors were reportedly working on the building when the concrete slab and debris fell from about two stories…
A bill that would limit liability for trucking companies involved in serious accidents was recently advanced by the Iowa House of Representatives. Under House Study Bill 114, a trucking company facing a civil lawsuit over an accident that caused injury or death would not pay more than $1 million in noneconomic damages, Iowa Capital Dispatch reported. The bill would also…
State officials in Arizona are sounding the alarm over the number of children who have accidentally ingested marijuana products in the past year. According to new state data, 394 cannabis incidents involving children were reported in 2022, about 60% of which required a hospital visit, KOLD News 13 reported. The problem has prompted the Arizona Dispensaries Association and the Arizona…
