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Michael Jordans Rookie Sneakers Estimated to Sell for $1 Million or More


One of the first pairs of sneakers Michael Jordan wore as a professional basketball player could become the most valuable pair ever sold at auction, CNBC recently reported. The red-and-white Nike Air Ships, which Jordan wore in 1984 during his rookie season, are being offered by Sothebys and opened for advanced bidding on Oct. 8. […]


Pedal Pubs Prompt Concerns After Falls and Injuries


A recent video that shows a man stumbling off a Tennessee pedal pub and falling into a moving car has added to growing concerns over the safety of open-air bike bars and other so-called transportainment vehicles where alcohol is served. In the video, a man is seen sitting in the backseat of a parked Nashville […]


Upcoming Webinars


Everything you need to know about Parametric Insurance Thursday, November 11, 2021 at 1:30 PM EST Parametric Insurance is reaching a new level of popularity with clients. A form of risk transfer, its different from traditional property coverage, in that it issues a set payment upon the occurrence of a triggering event, such as a […]


With Cyber Attacks on the Rise, Companies Urged to Protect Digital Infrastructure


The U.S. government is working with the private sector to bolster the countrys cybersecurity, the White House recently announced. During a meeting on Aug. 25, President Joe Biden called on companies to raise the bar on cybersecurity and outlined a number of initiatives to address the growing threat of cybercrime, including plans for the National […]


Booming Real Estate Market Could Mean Increased Error Risk for Agents


A real estate agent and realty company are being sued for their handling of a $4.6 million home sale in Sarasota, Florida. According to a report in the Sarasota Herald-Tribune, a man who wanted to buy the Bird Key neighborhood property but whose offer was not chosen is accusing real estate agent Roger Pettingell and […]


Burns & Wilcox-Sponsored Max Homa Wins Fortinet Championship


Marks Homas third PGA Tour victory and first win with Team Burns & Wilcox Farmington Hills, Mich. Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage and underwriting, congratulates Max Homa, one of its brand ambassadors, on winning the Fortinet Championship this past weekend in Napa, California, September 16-19, 2021. The first […]


Restaurants & Bars Insurance Coverage


In this webinar, our experts joined for a discussion on Restaurants and Bars, including: state of the industry, current insurance market conditions, tips for brokers and agents, and specialty solutions.


Hurricane Ida Linked to Over 2,000 Water Pollution Reports


An 11-mile-long oil slick in the Gulf of Mexico is one of more than 2,000 reports of water pollution being investigated by authorities in Louisiana after Hurricane Ida tore through the state on Aug. 29. The ruptured pipeline is located just south of oil and gas hub Port Fourchon, where the Category 4 storm caused […]


Navigating the Commercial Property Market


Our experts met for a discussion on Commercial Property, including the current trends impacting the property market across the U.S. and Canada.


Catastrophic Flooding Claims Lives, Washes Away Homes in Middle Tennessee


At least 22 individuals were killed and many more remained missing after a flash flood ravaged the rural town of Waverly, Tennessee on Aug. 21. The sudden torrent of rain estimated at 17 inches, likely setting a state record swept away vehicles, tore homes off their foundations and crumbled roads and bridges. By […]


Sustained Labor Shortages Increase Liability Risks to Businesses


As labor shortages continue across the U.S., multiple industries are feeling the impact. Recent news reports describe hospitals in Virginia cross-training employees amid a shortage of nurses and other staff, hotel workers in Idaho switching between front desk work and housekeeping duties, and Texas schools starting the new term without enough teachers or bus drivers. […]


Commercial Property Insurance Market Overview


The Commercial Property Insurance market in the U.S. and Canada is continuing to experience tightening of capacity and rising premiums, although rates are not increasing at the rate of Summer/Fall 2020, according to a group of industry experts with Burns & Wilcox. This means brokers need to provide all the documents necessary for renewal or […]


3 Reasons Homeowners Need More Coverage


3rd Party News

108 Wildfires Rage Across U.S. as Fires Leave More Homeowners Vulnerable


At least 108 active wildfires were burning in the U.S. as of Aug. 10, involving over 2.4 million acres of land in 15 states. The Bootleg Fire in Southern Oregon has burned more than 400,000 acres since it was ignited by lightning on July 6 and although it was 98% contained as of Aug. 10, […]


Report: U.S. Cannabis Sales Could Exceed $30 Billion By 2022


Legal cannabis sales in the U.S. could exceed $30 billion by 2022, marijuana analytics company Headset recently projected in an updated long-term forecast. It is an increase in estimated sales from the Seattle-based firms previous report, released in April, that showed the U.S. market reaching $28 billion in yearly sales by 2022. The change reflects […]


Transportation Insurance Market Overview


The Transportation Insurance industry remains entrenched in a decade-long hard market in the commercial auto segment while carriers remain as diligent as ever in their risk selection procedures. The segment experienced $4 billion in losses in 2019, and while that expectation is that losses were lower in 2020 because of the pandemic, it hasnt slowed […]


Airbnb for Backyard Pools Trend Raises Liability Flags for Homeowners


An increasing number of homeowners are renting out their backyard pools to earn extra cash, the Wall Street Journal recently reported. At least 13,000 pool owners in the U.S. have signed up to rent out their pools by the hour through Swimply, an online platform that launched in 2020, while others are offering their swimming […]