Intel

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…

Inside This Article: Adidas confirmed a cyber incident earlier this year that involved the release of personal consumer data. The breach reportedly occurred after hackers gained access through an external vendor that performed customer service operations. Experts say cyber criminals are exploiting the security gaps of smaller third-party vendors, posing growing risks for the companies that rely on them. …

Key Takeaways Cyber risk is expanding across all sectors, with healthcare, manufacturing, retail education, and public utilities at heighten risk. The average cost of a U.S. data breach reached $10.2 million in 2025, a 9% increase from 2024. Baseline cybersecurity controls are now prerequisites for insurability. Carrier-provided pre-breach services are a key differentiator. Cyber claims involve multiple parallel processes…

From phishing simulations to active monitoring and pre-binding IT advisory calls, Joey Franiak, Broker, Professional Liability, Burns & Wilcox, San Diego, CA, highlights the proactive services carriers offer to help prevent Cyber claims before they happen. https://vimeo.com/1117840350/08841b0b74?ts=0&share=copy

Artificial Intelligence is transforming cyber risk—for better and worse. In this clip from our Cyber Insurance webinar, Benjamin Buchanan, Vice President, Specialty Liability Claims, HSB, explains how threat actors are using AI and quantum computing to expand their reach, while insurers use the same tools to mitigate risk and identify emerging threats. https://vimeo.com/1117837930/2154c1b9e5

Business interruption claims are not paid out immediately; they often require forensic audits and negotiations. Discussing this aspect with clients upfront helps prevent surprises and emphasizes the importance of reputational harm coverage and pre-breach services. In the clip below from our recent Cyber Insurance webinar, Kyle Bell-Colfer, Broker, Professional Liability, Burns & Wilcox, Chicago, IL, shares other key components of…

The Cyber Insurance market is evolving rapidly, driven by rising claim severity, emerging exposures, and shifting client expectations. In our latest on-demand webinar, experts share insights to help brokers and agents better protect their clients. Watch the recording to learn: The life of a Cyber claim—from first notice to class action lawsuits How AI is reshaping Cyber and Media Liability…

The Professional Liability market is softening, with expanded capacity and new entrants across Cyber, D&O, and E&O. However, as exclusions become more common, brokers need to stay vigilant. Explore how Burns & Wilcox helps secure the right coverage in a shifting landscape.

Key Takeaways: Property & Casualty (P&C) market conditions are stabilizing, with increased competition and moderating rates—though CAT-prone regions remain volatile. Excess & Surplus (E&S) carriers remain vital for distressed sectors like Habitational, Hospitality, and Liquor Liability, even as admitted carriers return to select segments. Severe weather is reshaping risk, as seen in recent Texas flooding and California wildfires earlier…

Inside This Article: Subcontractor defaults are rising as labor shortages, material costs and economic pressures strain smaller firms. Many contractors wrongly assume that Commercial General Liability (CGL) Insurance covers all risks tied to subcontractor performance. Professional Liability Insurance, such as Errors & Omissions (E&O) coverage, addresses gaps left by CGL, in design-build projects. Subcontractor Default Insurance (SDI) can help…

Inside This Article: Crave Better Foods, parent company of the Chipwich ice cream sandwich brand, is suing its insurance broker for failing to secure Product Recall Insurance, which the company claims could have offset $4.5 million in losses tied to a 2024 listeria-related recall. The lawsuit alleges professional negligence and misrepresentation, claiming the insurance broker did not reassess insurance…

Inside This Article: Moderna is suing a construction firm for $10 million because of alleged defective work resulting in extensive water leaks, mold and structural damage. The lawsuit claims construction firm The Gutierrez Co. failed in the “design and construction” of the building’s core and shell, causing multiple issues. Non-weather-related water damage is a common issue for commercial properties,…