Burns and Wilcox News

Category: Commercial

Commercial Marine Insurance: Comparing Cruise Ships to Local Ferries

The cruise ship industry sees nearly $38 billion in revenue annually around the world, with more than $15 billion invested into new cruise ships. Ferries, cruise ships, and other passenger vessels are a much different exposure than cargo ships that carry dry cargo, not people. Accidents and catastrophic mechanical failures with passenger vessels often result in…

3 Factors That Affect Distributors & Wholesalers Insurance

The wholesale distribution industry represents $5.6 trillion in annual sales volume. Wholesalers are intermediaries who purchase bulk quantities of goods from manufacturers and resell them to retailers at a profit. In this process, wholesalers and distributors take on great risks and need to protect themselves and their products from impending perils.

Be Our Guest

Your clients in the hospitality industry (hotels, motels, restaurants, bars and taverns) specialize in taking care of their guests. As a retail broker or agent, it’s up to you to take care of them and ensure that they’re protected from financial risk.

Why All Businesses Need Environmental Site Pollution Liability Insurance

For years, the world-renowned Ivy League school, Dartmouth College, disposed of science experiments on a farm site located on their property, which included animal carcasses and the remains of human cadavers. Nearly 30 years later, the College was tasked with cleaning up 40 tons of waste on the toxic farm site, finding hazardous and radioactive…