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P&C Report: 2025 Q4 Outlook
Key Takeaways: A “softening hard market” is shaping the current landscape, with some sectors seeing rate relief. Inflation and underwriting discipline remain central themes. The E&S market continues to demonstrate significant growth. WSIA recently reported total surplus lines premium reached $46.2 billion for the first six months of 2025—a 13.2% increase over the same period in 2024. Property rates…
Video: Professional Liability – Innovation and Emerging Risks
From broader coverage for manufacturers to tailored policies for ketamine clinics and senior living facilities, insurers are adapting to new Professional Liability risks. In this short clip from our recent Property & Casualty webinar, Erica Rangel, Associate Managing Director, Burns & Wilcox, Chicago, Illinois, discusses how insurance solutions are evolving to meet changing industry needs. https://vimeo.com/1127190041/3d0a54c84c?share=copy
Webinar: P&C Market Outlook – Q4 2025
With shifting carrier appetites, emerging risks, and the expanding role of the Excess & Surplus (E&S) sector, brokers and agents must remain agile and informed. This session will provide timely insights to help you navigate the fourth quarter and prepare for 2026. Topics include: The latest trends and challenges across each line of business How admitted carriers are reentering previously…
Broken Lock, Faulty Smoke Detectors: Renters Claim Negligence Led to Separate Tragic Events
A woman who was assaulted in her apartment after a stranger broke in through the unit\'s back sliding door is suing the housing complex for over $1 million, claiming the attack could have been prevented if the broken back door lock had been fixed when she and her roommate first reported it. The Austin, Texas, woman filed the lawsuit against…
Ask the Expert Q&A: Errors & Omissions Insurance
When an error is made by a real estate agent, accountant, consultant or other professional, the financial loss incurred by their client can be substantial. To learn how Errors & Omissions (E&O) Insurance can help protect professionals, we spoke with Erica Rangel, Manager, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks today as it…
Property & Casualty Report: Q3/Q4 2023
Despite the continued “flight toward profitability” for most carriers, moderation in both rate and capacity is occurring in many insurance sectors. Most rates are rising, but the level of increases is slowing. Capacity is generally available but often requires creativity. On the Casualty side, some classes remain stressed while carriers are competing for business in others. These and other trends…
Contractors Professional Liability Market Overview
The state of the professional liability market for contractors includes both challenges and opportunities. While the market is generally stable, there has been a recent increase in the severity of claims which has increased the costs of settling them. Today claims regularly take one year or longer to finalize. Added pressure is placed on the market in the form of…
The Increasing Professional Liability Exposures of Contractors
From large general contractors to small specialty contractors, the construction landscape is changing. During this webinar, we gathered to discuss how these changes in design-build and specialty areas can increase your clients\' exposures, along with tips on how to mitigate these risks. https://vimeo.com/811031674/e202360f8c
Amazon’s ‘Alexa’ Used Customers’ Voice Data for Targeted Ads, Lawsuit Alleges
The voice assistant “Alexa” featured on Amazon’s Echo Dot and other devices has been collecting data on millions of customers without their knowledge and using it for targeted advertising, a new lawsuit against the company alleges. Filed June 8 in the U.S. District Court in Seattle, Washington, the lawsuit seeks class-action status and claims that Amazon…
Louis Vuitton Virtual ‘Try-On’ Tool Collected Customers’ Facial Scans, Lawsuit Claims
A virtual “try-on” tool for sunglasses offered by Louis Vuitton collected customers’ facial scan data without their consent, violating the Illinois Biometric Privacy Protection Act, a new lawsuit against the luxury brand alleges. The proposed class-action suit, filed April 8, claims the LVMH corporation’s North America unit took biometric data from online shoppers when they used their webcams to try…
Colonial Pipeline Ransomware Attack Exposes Severity of Cyber Threats
The ransomware attack that shut down one of the largest fuel pipelines in the U.S. and set off gas shortages and panic-buying is indicative of the growing cyber risk threatening American infrastructure, experts said in a recent USA Today report. Colonial Pipeline Co., which moves 2.5 million barrels of petroleum each day, was forced to discontinue operations May 7 after…
Lawsuits Allege Accounting Firm Breach Exposed 170,000 Patients’ Data
Two patients are pursuing class-action status for their lawsuits against a Colonie, New York health care company and its accounting firm over a 2019 data breach that reportedly exposed the sensitive information of 170,000 patients. The lawsuits allege BST & Co. CPAs, the accounting firm for Community Care Physicians, experienced a ransomware attack in December 2019 and failed to disclose…
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