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90% of Small Businesses Lack Confidence in Being Adequately Insured, Survey Finds
03.29.23
The survey indicated that more than half of the participants were concerned about professional mistakes, while 68% are worried about inflation. Other concerns relate to lower rates of consumer spending, a potential recession and supply chain challenges. Despite small businesses’ fears, more than a quarter of them said they do not have insurance coverage, and […]
Intel
Welland Condo Collapse Reveals Challenges of Insuring Large Construction Projects
03.23.23
3rd Party News
Recalls Reach Record Highs in 2022, Food and Pharma Hit Hardest
03.22.23
Consumer product recalls rose over 31% from 2021 to 222, while the number of units affected saw a 45.4% year-over-year decrease. According to Sedgwick, an estimated 1 billion units could be recalled in 2023. “Recalls are only becoming more and more prevalent,” said Steve Bartell, Senior Broker, Casualty, Burns & Wilcox Brokerage, Chicago, Illinois. “They […]
Intel
North Texas DWI Lawsuit Highlights Need for Server Training, Liquor Liability Coverage
03.14.23
Relatives of the victim of a tragic DWI accident in North Texas are seeking more than $1 million from a restaurant and its employees, claiming that the staff was not properly trained and the establishment lacked proper policies to serve alcohol. “This is, unfortunately, something that we see fairly regularly where dram shops get accused […]
Intel
Burns & Wilcox Announces Agreement to Acquire McIntyre & Associates, Inc.
03.08.23
Ruston, Louisiana Based MGA to Power Growth of Burns & Wilcox Throughout the Region Farmington Hills, Mich. (March 8, 2023) – Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage and underwriting, today announced it has signed a definitive agreement to acquire McIntyre & Associates, a managing general agent (MGA) based in Ruston, Louisiana. […]
Newsroom
Concrete Slab Falls from Apartment Building Construction Site, Injuring Pedestrian
02.28.23
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 […]
Intel
Health System Pays $1.25 Million in HIPAA Settlement Over 2016 Data Breach
02.22.23
More than six years after a data breach that disclosed 2.81 million patients’ protected health information, Banner Health has agreed to pay $1.25 million to the U.S. government to settle potential violations of the Health Insurance Portability and Accountability Act (HIPAA), Campus Safety Magazine recently reported. The Arizona-based healthcare system also agreed to implement changes […]
Intel
Lawmakers Consider Liability Protection for Truckers Involved in Serious Crashes
02.15.23
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 […]
Intel
Football Fans Warned Against Throwing Unauthorized Parties by Airbnb and VRBO
02.08.23
Short-term rental homes have been filling up quickly in the Phoenix, Arizona, area as fans prepare to celebrate Super Bowl LVII on Sunday, Feb. 12. Football lovers looking to stay closest to the action at State Farm Stadium could expect to find average Airbnb rates around $1,000 per night, Cronkite News reported, with at least […]
Intel
Alarming Number of Kids Mistakenly Ingesting Cannabis Products, Officials Say
02.01.23
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 […]
Intel
Burns & Wilcox Brand Ambassador Max Homa Wins Sixth PGA Tour Title at Farmers Insurance Open
01.31.23
Marks Homa’s first win in 2023 and fourth win with Team Burns & Wilcox Farmington Hills, Mich. (January 31, 2023) – Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage and underwriting, is celebrating PGA golfer Max Homa – one of its brand ambassadors – in honor of winning the Farmers Insurance Open this past weekend […]
Newsroom
Burns & Wilcox’s Homa Wins Farmers Open to Notch Fourth Win Under Ambassadorship
01.31.23
3rd Party News
