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Toy Stores Under Pressure as Supply Chain Concerns Dominate Holiday Shopping Season

Toy Stores Under Pressure as Supply Chain Concerns Dominate Holiday Shopping Season

Supply chain shortages linked to seaport backlogs, a lack of truck drivers and other constraints could mean toy stores are unable to keep up with holiday shopping demands this year, setting up business owners and consumers for a season that some say will be “unlike any other.” Although President Joe Biden told retailers Nov. 29 that the White House would…

Upcoming Webinars

Upcoming Webinars

Labor & Staffing: Management Liability and E&O Thursday, December 9, 2021 at 1:30 PM EST Join our experts for a discussion on E&O as it relates to the risks associated with remote operations, labor shortages, and staffing companies. We will discuss the key coverage considerations and exclusions. Featured Experts: Rahmad Bauldrick, Director, Professional Liability, Regional Practice Group Leader, Burns &…

Sustained Labor Shortages Increase Liability Risks to Businesses

Sustained Labor Shortages Increase Liability Risks to Businesses

As labor shortages continue across the U.S., multiple industries are feeling the impact. Recent news reports describe hospitals in Virginia cross-training employees amid a shortage of nurses and other staff, hotel workers in Idaho switching between front desk work and housekeeping duties, and Texas schools starting the new term without enough teachers or bus drivers. The ongoing lack of workers…

Property & Casualty 2021 Q2 Market Overview & Q3 Forecast

Property & Casualty 2021 Q2 Market Overview & Q3 Forecast

By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group As the world begins to emerge from the COVID-19 pandemic, it is abundantly clear, the “new normal” will reshape all of our organizations. One of our many goals is to keep you updated on the rapidly evolving insurance marketplace where adjustments have arguably never been more fluid.…

Dozens of Lawsuits Filed After Condo Collapse in Florida

Dozens of Lawsuits Filed After Condo Collapse in Florida

The sudden collapse of the Champlain Towers South condo building in Surfside, Florida on June 24, which tragically caused at least 95 deaths and left 14 residents still missing, has prompted multiple lawsuits against those involved in the beachside residence’s construction and maintenance. As of July 10, at least a dozen suits had been filed on behalf of victims and…

Robinhood Faces Over 30 Class-Action Suits for Pausing ‘Meme Stock’ Buys

Robinhood Faces Over 30 Class-Action Suits for Pausing ‘Meme Stock’ Buys

The online and app-based stock trading broker Robinhood is facing at least 34 class-action lawsuits over its decision to prevent purchases of shares in GameStop and several other so-called “meme stocks” like AMC Entertainment and BlackBerry at the end of last month. The temporary halt on purchasing certain stocks came after amateur traders stunned Wall Street with a coordinated effort…

Family Sues Publix Over Deli Worker’s Death from COVID-19

Family Sues Publix Over Deli Worker’s Death from COVID-19

The family of a 70-year-old man who died of COVID-19 complications is suing his employer after he was allegedly prohibited from wearing a face mask at work. Gerardo Gutierrez was employed at a Publix grocery store in Miami Beach, Florida when he was infected with coronavirus in early April. At that time, Publix had mask-wearing restrictions in place for workers…

Google Parent Company Pledges $310 Million to Settle Shareholder Lawsuits

Google Parent Company Pledges $310 Million to Settle Shareholder Lawsuits

Google parent company Alphabet Inc. recently agreed to a $310 million settlement of shareholder lawsuits accusing the internet search giant of mishandling sexual misconduct allegations lodged against executives. In the settlement, Alphabet pledged to invest $310 million in diversity, equity and inclusion programs at Google over a 10-year period. It also agreed to more than 80 updates and revisions to…

Management Liability Market Overview

Management Liability Market Overview

The Management Liability market continues to undergo significant transformations as products within the Directors and Officers Liability (D&O), Employment Practice Liabilities (EPL) and Fiduciary Liability (FL) areas are experiencing changes in coverage, limits and premiums that are impacting the broader market. The ongoing growth in settlements for many claims, particularly in such areas as harassment, discrimination, corporate mismanagement and regulatory…

90% Spike in Pediatric COVID-19 Cases as Schools Begin to Reopen

90% Spike in Pediatric COVID-19 Cases as Schools Begin to Reopen

A Georgia high school that made headlines for its packed hallways and unmasked students announced Aug. 9 that it would close for at least two days after it identified nine cases of COVID-19. Six students and three staff members tested positive for the virus after the first week of in-person instruction at the school, one of the first to reopen…

Management Liability: Conquering a Challenging Market

Management Liability: Conquering a Challenging Market

Presented by: Heather Schaaf, Underwriting Director, Burns & Wilcox Hosted by: David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox During this webinar, we explored: State of Management Liability Risks Current events and their very real effect on market conditions, pricing capacity and various classes of business The biggest risks related to management liability https://vimeo.com/445334728/c5ceac2a96…

As Healthcare Industry Evolves, Michigan’s Largest System Reports Second Breach in 12 Months

As Healthcare Industry Evolves, Michigan’s Largest System Reports Second Breach in 12 Months

Michigan’s largest healthcare system recently announced a data breach that may have compromised 6,000 patients’ protected health information. The breach reportedly occurred after six employee email accounts were exposed in a phishing scam in January. The eight-hospital network with 167 outpatient locations, notified patients on July 28 of a “data security incident” that could have exposed patient names, dates of…

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