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$10M+ Ultra-Luxury Homes, Wealth Migration Drive Demand for High-Value Solutions
Inside This Article: Demand for luxury housing is on the rise in South Florida, where recent data shows sales of properties priced at $1 million or more grew 21% in Miami-Dade County compared to last year. Sales of “ultra-luxury” homes priced at $10 million or more are also expanding across the U.S., including outside of traditional wealth hubs like
1.3M Steam Cleaners Recalled After Dozens of Injuries Reported
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
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Inside This Article: A couple in Tennessee recently filed a lawsuit against a restaurant after allegedly being injured when decorative antlers mounted on a wall fell on them. The hospitality industry is seeing an increase in the frequency and severity of injury claims. Commercial General Liability (CGL) Insurance can respond to customer injury incidents but may not keep pace with…
Inside This Article: Heavy snowfall, wind, and ice from a major Northeast blizzard in February is expected to cost up to $38 billion, including costly residential damage claims. Ice dams, roof collapse, and slippery walkways are among the risks homeowners face after severe winter storms. Damage related to blizzards is typically covered under Residential Property Insurance, though policies may…
Inside This Article: A Florida gas station is facing a lawsuit after a customer allegedly tripped in a pothole near a gas pump. The suit claims the property owners failed to warn customers of the pothole, which reportedly blended in with the surrounding pavement and created a concealed hazard. Commercial General Liability (CGL) Insurance can respond to third-party bodily injury claims related to slip-and-fall accidents. …
Inside This Article: A recent Stanford and Harvard study found that medical AI systems generated severe clinical errors in a significant percentage of patient cases. Many healthcare professionals are using AI tools on the job, with one recent survey finding that almost half of nurses use generative AI at work. These reports point to an evolving risk landscape for…
Inside This Article: Federal regulators are claiming that former Lottery.com Inc. executives misled investors by falsely inflating revenues, according to reports. The Securities and Exchange Commission lawsuit follows guilty pleas by two former executives reportedly involved in a fraudulent $30 million financing deal, Bloomberg Law reported. Directors & Officers (D&O) Insurance can respond to these types of allegations, though coverage may depend on…
Inside This Article: Cyberattacks that target logistics companies are expected to double in 2026 after rising nearly 1000% since 2021, according to research by Everstream Analytics. Hackers are increasingly targeting shared transportation networks rather than individual trucking companies, the new data indicates. When a logistics firm faces a cyber incident, Cyber & Privacy Liability Insurance policies can provide immediate data breach response services. Coverage can also extend to…
Other Recent Intel
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 non-FDA-approved and off-label treatments. A complex regulatory environment, driven by both federal and state oversight, impacts how Healthcare Liability risks are evaluated and underwritten Many claims stem from insufficient informed consent, patient screening, and marketing practices…
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
Understanding the distinction between product and provider exposure is critical in Healthcare Liability. In this short clip from our recent webinar on regenerative and alternative therapies, special guest Carrie Roberts, RPLU, Vice President, Professional Brokerage Division, GenStar Insurance Services, explains how these differences influence risk evaluation and coverage. https://vimeo.com/1177361685/71abe58095?fl=ip&fe=ec
Regenerative and alternative therapies—such as peptides, NAD+, ketamine, and stem cells—are rapidly expanding across healthcare and medspa settings. While these treatments present new opportunities for providers, they also introduce complex Healthcare Liability exposures. Now available on demand, this webinar features experts from Burns & Wilcox and GenStar Insurance Services as they explore evolving standards of care, regulatory scrutiny, and coverage…
Key Takeaways Flooding is the most common and costly natural disaster in the United States, with an estimated 83% of flood losses uninsured. Recurring NFIP disruptions create operational challenges and reinforce the need to evaluate private Flood Insurance alternatives. Private market capacity across Primary and Excess Flood Insurance has expanded, offering higher limits and greater structural flexibility. Parametric Flood solutions provide liquidity tied…
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