Intel
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Teen Party at Airbnb Causes $7K in Damages, Exposes Rental Risks
Inside This Article: A group of teens threw an unauthorized party at a Palm Beach County Airbnb, causing an estimated $7,000 in damage. The damage included a broken front gate, missing blinds, and a burnt electrical outlet, in addition to lost income from a canceled future booking. Coverage under standard Homeowners Insurance policies may not apply to short-term rentals,
$600K Insurance Dispute Exposes Critical Gaps in Subcontractor Coverage
Inside This Article: Subcontractor defaults are rising as labor shortages, material costs and economic pressures strain smaller firms. Many contractors wrongly assume that Commercial General Liability (CGL) Insurance covers all risks tied to subcontractor performance. Professional Liability Insurance, such as Errors & Omissions (E&O) coverage, addresses gaps left by CGL, in design-build projects. Subcontractor Default Insurance (SDI) can help
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Inside this article: A semi-truck carrying an estimated 70,000 pounds of beehives overturned in Whatcom County, Washington, releasing around 14 million bees into the surrounding area. More than two dozen beekeepers rushed to assist with the recovery of 300 hive boxes from the overturned truck. The incident demonstrates the unique risks associated with transporting livestock, which is often excluded…
Inside This Article: A 20-year-old fan fell from the stands at PNC Park in Pittsburgh during a Pirates-Cubs game on April 30, suffering critical injuries. The man’s 21-year-old friend was charged with providing alcohol to a minor after allegedly buying him beer at the stadium. Stadiums that face claims or lawsuits over guest injuries typically have coverage under their…
Inside This Article: Crave Better Foods, parent company of the Chipwich ice cream sandwich brand, is suing its insurance broker for failing to secure Product Recall Insurance, which the company claims could have offset $4.5 million in losses tied to a 2024 listeria-related recall. The lawsuit alleges professional negligence and misrepresentation, claiming the insurance broker did not reassess insurance…
Inside This Article: Moderna is suing a construction firm for $10 million because of alleged defective work resulting in extensive water leaks, mold and structural damage. The lawsuit claims construction firm The Gutierrez Co. failed in the “design and construction” of the building’s core and shell, causing multiple issues. Non-weather-related water damage is a common issue for commercial properties,…
Inside this article: Wildfire season is year-round for many western U.S. states and Canadian provinces, and 2025 is predicted to be a higher-than-average wildfire season. The devastating southern California wildfires in January caused more than $30 billion in insured losses and forced some carriers to exit the market. The California homeowners’ insurance market has recorded a $10 billion underwriting…
Inside This Article: A fire erupted in the kitchen of a Cheesecake Factory in Seattle, Washington, on April 19, quickly spreading to the building’s ventilation system. More than 100 firefighters responded to the fire, which investigators said was caused by a fryer. Structure fires are a serious risk for restaurants, causing an average of $165 million in damages per…
Other Recent Intel
The Property & Casualty (P&C) Insurance market continues to evolve, shaped by shifting carrier appetites, emerging risks, and increasing demand for specialized solutions. In our latest on-demand webinar, industry experts from Burns & Wilcox explore the current state of the market and what brokers and agents need to know to stay ahead. Watch the recording to learn about: Why Environmental Insurance…
The construction industry continues to thrive in 2025, despite elevated interest rates, evolving tariff policies, and broader market uncertainties. From custom homebuilders to multifamily developers and specialized contractors, demand is strong—and so is the need for tailored insurance solutions. During this webinar, our experts explored key E&S strategies and coverage considerations, focusing on: Owner’s Interest Policies Swimming Pool Contractors Artisan…
As AI tools become more common in clinical settings, underwriting expectations are evolving. In this short clip from our Healthcare Liability webinar, special guest Deb Goldberg, Head of Allied Healthcare, AXIS Capital, highlights what brokers and agents should look for when clients use AI for clinical decision-making or documentation. https://vimeo.com/1090532165/f42faf8ca9?share=copy
From classrooms to clinics, AI is transforming healthcare. In this short clip from our recent Healthcare Liability webinar, Caileb Newby, Broker, Professional Liability, Burns & Wilcox Brokerage, San Francisco, CA, shares how the technology is enhancing both medical training and clinical decision-making. https://vimeo.com/1087198820/5b13535910?share=copy
The medspa industry is booming—but so are the risks. In this clip from our Healthcare Liability webinar, Chris Valenzuela, Broker, Professional Liability, Burns & Wilcox, Los Angeles, CA, breaks down emerging concerns around injectables, patient expectations, and why informed consent is more critical than ever. https://vimeo.com/1086525183/306f9b93a2?share=copy
From evolving treatments to increased litigation and data privacy concerns, the risks facing healthcare professionals are more complex than ever. Watch the below webinar as our guest experts discuss key trends, challenges, and opportunities in the Healthcare Liability Insurance market. Featured Experts: Caileb Newby, Broker, Professional Liability, Burns & Wilcox Brokerage, San Francisco, CA Chris Valenzuela, Broker, Professional Liability, Burns…
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