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Hospitality Insurance Market Overview: Liability Trends, Emerging Exposures, and Placement Strategies

Hospitality Insurance Market Overview: Liability Trends, Emerging Exposures, and Placement Strategies

Key Takeaways: Liquor Liability remains one of the most challenging coverages in the Hospitality market, driven by reduced carrier capacity, tightening limits, and ongoing rate pressure. Jurisdictional differences continue to drive underwriting outcomes, particularly for Liquor Liability risks in areas with strict dram shop laws, such as South Carolina, Alabama, Louisiana, and Washington, D.C. Emerging exposures, including human trafficking, THC/CBD beverages,…

Hospitality Insurance Opportunities: Hotels

Hospitality Insurance Opportunities: Hotels

Opportunities are emerging in the hotel sector. In this clip from our recent Hospitality Insurance webinar, Nicholas Enriquez, Associate Managing Director, Burns & Wilcox Brokerage, Scottsdale, AZ, discusses renewed carrier appetite for hotel risks, key underwriting considerations, and what brokers and agents should watch as market conditions evolve. https://vimeo.com/1219665964/c0bd9c711f?share=copy&fl=sv&fe=ci

Webinar: Hospitality Insurance – Market Conditions, Liquor Liability, and Risk Management Strategies

Webinar: Hospitality Insurance – Market Conditions, Liquor Liability, and Risk Management Strategies

Hospitality risks remain among the most challenging classes to place due to evolving liability exposures, capacity constraints, and varying underwriting requirements across jurisdictions and risk profiles. In this webinar, Burns & Wilcox experts discuss market conditions, Liquor Liability, and emerging exposures such as CBD and THC beverages, virtual reality venues, guest safety risks, and vacation rentals. They also share risk management best practices and submission strategies that…

Lawsuit: Customers ‘Severely’ Injured by Falling Antlers at LongHorn Steakhouse

Lawsuit: Customers ‘Severely’ Injured by Falling Antlers at LongHorn Steakhouse

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…

Market Overview: Despite a Tight Market, Demand for Construction Insurance Remains High

Market Overview: Despite a Tight Market, Demand for Construction Insurance Remains High

The Construction industry has functioned in a tight market for the last several years, although rates have recently stabilized. Flat to modest rate increases are common outside of a consistent group of challenging sectors that offer tight capacity and double-digit rate increases. Despite this relatively tight environment, demand for Construction Insurance remains high. Money is being pumped into Midwestern U.S.…

Video: Challenges in the Construction Insurance Market

Video: Challenges in the Construction Insurance Market

During this webinar, our own Nicholas Enriquez provided insights on challenges in the Construction Insurance Market. Watch a highlight from the discussion below. https://vimeo.com/989142283/1353a90638?share=copy

Webinar: The Construction Insurance Market

Webinar: The Construction Insurance Market

During this webinar, our expert panel reviewed the current state of the construction market along with strategies for success. Watch now below. https://vimeo.com/986654786/b4a5aa663a?share=copy

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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.