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Restaurant Labor Shortages Strain Recovery Efforts, Escalate Risks

Restaurant Labor Shortages Strain Recovery Efforts, Escalate Risks

Despite moderately increased sales and rising consumer confidence in the safety of dining out, restaurants in the U.S. and Canada are still facing a major hurdle in their efforts to reopen: they do not have enough workers. Restaurants employed 1.5 million fewer workers in May of this year compared to pre-pandemic levels, TIME magazine recently reported, and one survey found…

Billion-Dollar Hail Loss Underscores Risk of ‘Unpredictable’ Severe Weather

Billion-Dollar Hail Loss Underscores Risk of ‘Unpredictable’ Severe Weather

Parts of Texas and Oklahoma are still assessing the toll of destruction after hail reportedly as large as softballs left swaths of damages to homes, cars and other property on April 28. The day was expected to be declared a \"billion-dollar hail loss day\" in the U.S.: according to the federal Storm Prediction Center, there were 38 reports of severe…

Property & Casualty 2021 Q1 Market Overview & Q2 Forecast

Property & Casualty 2021 Q1 Market Overview & Q2 Forecast

By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group Following the release of our Burns & Wilcox Property & Casualty Market Overview and Forecast: Eye on 2021 report last quarter the already challenged Commercial and Personal insurance marketplace was greeted with yet another extraordinary event—Winter Storm Uri (February 13-17). The widespread impact resulted in over 170…

Eye on Q2: Commercial Property Insurance Overview

Eye on Q2: Commercial Property Insurance Overview

After being hit with large Catastrophic Property losses at the beginning of 2021, and an active storm season approaching, Commercial Insurance expert Bonnie Steen provides insight on what to expect in Q2. Watch the full Eye on Q2: Commercial Property Insurance Overview below. https://vimeo.com/540349151/8672ca514d    

Eye on Q2: Specialty Insurance Overview

Eye on Q2: Specialty Insurance Overview

Watch as our experts provide an outlook into the second quarter of 2021. We also review the year so far and how the biggest news stories impacted the insurance industry. During this webinar, we discuss: Flood Cyber Healthcare Commercial Property https://vimeo.com/534601820/0a594f3e59

The Hospitality Sector: Adapting to a Changing Environment

The Hospitality Sector: Adapting to a Changing Environment

Presented by: Bonnie Steen, Vice President, Associate Managing Director, Burns & Wilcox, Tyson Peel, Vice President, Director, Property and Casualty, Burns & Wilcox Canada, Marc Adler, Managing Director, Burns & Wilcox Brokerage This webinar discusses: State of the Hospitality market today Underwriting approach for specific coverages Must-haves required to secure coverage https://vimeo.com/436922672/3e3c2c1ea8

More Bars, Restaurants Can Now Deliver Alcohol, Shifting Liability Risks

More Bars, Restaurants Can Now Deliver Alcohol, Shifting Liability Risks

A bill that would allow home delivery of alcoholic beverages in Georgia is moving forward after it won approval in the Georgia House of Representatives on June 25. House Bill 879, headed to Governor Brian Kemp for consideration within 45 days, would permit stores and some restaurants to provide home delivery of beer, wine and liquor. Virginia’s state-run liquor agency,…

Hospitality Sector Adapts to New Risks, Restrictions as Casinos, Hotels Reopen

Hospitality Sector Adapts to New Risks, Restrictions as Casinos, Hotels Reopen

Caesars Palace, MGM Resorts and several other Las Vegas hotel-casinos are slated to resume operations starting June 4, according to the Nevada governor’s May 26 press release. Though Las Vegas casinos must implement requirements such as mandatory temperature checks for guests and are subject to various restrictions, reopening is a significant milestone in the embattled hospitality sector’s recovery from coronavirus-related…

Stars of HGTV’s Windy City Rehab Sued by Owners of $1.36 Million Renovated Home

Stars of HGTV’s Windy City Rehab Sued by Owners of $1.36 Million Renovated Home

The stars of HGTV’s Windy City Rehab are being sued by the buyers of a luxury home they renovated. The homeowners said their $1.36 million dream house became a nightmare, alleging the contractors are responsible for water leaking into the kitchen from an upstairs bathroom, a roof that was never replaced as promised, crumbling mortar and other major construction issues.…

3 Factors That Affect Distributors & Wholesalers Insurance

3 Factors That Affect Distributors & Wholesalers Insurance

The wholesale distribution industry represents $5.6 trillion in annual sales volume.1 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. Brokers and agents can simplify that process by clarifying certain…

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