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Cyber Insurance Market Overview: Emerging AI Risks and Coverage Considerations

Cyber Insurance Market Overview: Emerging AI Risks and Coverage Considerations

Key Takeaways: The Cyber Insurance market remains highly competitive, with stable pricing and abundant capacity, though underwriting scrutiny is increasing for certain industries and higher-risk accounts. AI is making cyberattacks more scalable and difficult to detect while creating new liability and coverage considerations across multiple lines of business. Privacy litigation is increasing as AI makes it easier to identify…

Cyber Insurance: Addressing AI in Policies

Cyber Insurance: Addressing AI in Policies

AI is creating new opportunities for businesses, but it is also raising important coverage questions. In this excerpt from our Cyber Insurance webinar, Erica Rangel, Associate Managing Director, Broker, Professional Liability, Burns & Wilcox, Chicago, IL, explains how insurers are addressing AI-related risks and what brokers and insureds should look for when reviewing coverage. https://vimeo.com/1225986506/84692fd970?fl=ip&fe=ec&share=copy

Cyber Insurance in the Age of AI: Threats, Claims, and Coverage Challenges

Cyber Insurance in the Age of AI: Threats, Claims, and Coverage Challenges

AI is making cyberattacks more convincing, more scalable, and potentially more costly. At the same time, insurers are evaluating how coverage should respond. In our recent webinar, Cyber Insurance experts discussed: Market trends, including rates, capacity, and carrier expectations How AI is reshaping cyber, professional liability, and coverage exposures Risk management and coverage strategies to help clients navigate emerging cyber and…

P&C Report: 2025 Q4 Outlook

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

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

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

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

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

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

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

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

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…

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As wildfires continue to affect communities throughout Los Angeles County, we want to express our heartfelt support for the residents, first responders, and all those working tirelessly to combat these devastating fires.

We understand the challenges posed by this crisis. If you need assistance or have questions about your client's coverage during this time, the team at Burns & Wilcox is here to help.