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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
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
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
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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