Intel

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,…

Key Takeaways: Rates are beginning to stabilize or even decline in some non-CAT areas. Market capacity remains healthy, particularly in non-admitted spaces, although often through layered placements, which are becoming more common. Carriers are increasing reliance on exclusions and higher deductibles to manage risk. Wildfire and convective storm risks are driving significant change in both Personal and Commercial Insurance.…

Inside This Article Architecture firm Cooper Carry is being sued by the owner of a Hilton hotel project for delays that reportedly led to $26 million in additional costs. When facing litigation, architects may incur significant defense costs and rectification expenses, in addition to reputational damage. Lawsuits against design professionals can be covered by Architects & Engineers Professional Liability…

Watch below as Matt Baxter, Director, Professional Liability, Burns & Wilcox Brokerage, Atlanta, GA, explains why exploring E&S options for Professional Liability—even when admitted markets are available—can uncover creative solutions and key coverage enhancements for your clients. https://vimeo.com/1073992292/e09876084f?ts=0&share=copy For more insights, watch the full P&C Market Outlook Q2 2025 webinar recording.