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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,…

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…

Residential Property Insurance Outlook: Trends, Risks & E&S Solutions

Residential Property Insurance Outlook: Trends, Risks & E&S Solutions

Key Takeaways: Catastrophic (CAT) losses in 2024 are estimated at $113 billion, driving increased demand for flexible insurance solutions. California, coastal communities, and other regions at high risk for CAT events continue shifting to the Excess & Surplus (E&S) market, where customized solutions are more readily available. Roof depreciation schedules, exclusions, and buyback options are some of the creative…

Webinar: E&S Solutions for Residential Property Risks

Webinar: E&S Solutions for Residential Property Risks

The recent wildfires and extreme weather trends are reshaping the Residential Property risk landscape, making it challenging to secure coverage. Understanding today’s evolving market is key to providing the best solutions for your clients. Watch our expert-led webinar, E&S Solutions for Residential Property Risks, now available on demand. Gain valuable insights on: Strategies for securing coverage in high-risk areas How…

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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.