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Commercial Insurance: 2027 Market Outlook
New market entrants and increased capacity are fueling competition in Commercial Insurance, but will it last? In an excerpt from our Q4 P&C webinar, Tim Pasik, Senior Vice President, Commercial Products, Burns & Wilcox, New York, NY, shares his outlook on market conditions, the factors influencing competition and where challenges could emerge in the year ahead. https://vimeo.com/1238897126/53f5170058?share=copy&fl=sv&fe=ci
Professional Liability: 2027 Market Outlook
From rising Healthcare rates to competitive Cyber pricing, the Professional Liability market is seeing varied conditions across key sectors. In an excerpt from our Q4 P&C webinar, Rahmad Bauldrick, Vice President, Regional Practice Group Leader, Professional, Burns & Wilcox, Chicago, IL, shares the trends driving pricing, underwriting decisions and risk management priorities. https://vimeo.com/1238929871/3adb37d615?fl=ip&fe=ec&share=copy
P&C Market Outlook Webinar: Q4 2026
Shifting market conditions are creating new opportunities and challenges for insurance brokers and agents as they navigate the remainder of 2026. Drawing on insights from the CIAB Insurance Leadership Forum and WSIA Annual Marketplace, Burns & Wilcox experts discuss key developments across Commercial, Personal, and Professional Liability Insurance, including: Where market conditions are softening and which risks remain challenging How…
$16M Verdict Follows Mechanical Bull Injury at Bar
Inside This Article: A couple was recently awarded $16 million after suing a Kansas City bar where the man allegedly fell from a mechanical bull. Before the trial, the couple sought $8 million to settle the case, while the defendants offered $2.2 million, according to Missouri Lawyers Media. Commercial General Liability (CGL) Insurance can cover customer injury claims; however,…
Med Spa Hit With $25,000 Penalty Over Unauthorized Drugs
Inside This Article: An Ohio med spa was fined $25,000 after investigators found unauthorized prescription drug orders and other violations. A patient lost consciousness after using a drug provided by one of the med spa’s owners, according to the state investigation. Medical Malpractice Insurance and Commercial General Liability (CGL) Insurance can address different aspects of med spa risks. As…
Century-Old Clubhouse Destroyed by Fire Faces Complex Rebuild
Inside This Article: A fire recently destroyed the historic Lochmoor Country Club clubhouse in Grosse Pointe Woods, Michigan. Historic properties may require specialized Commercial Property Insurance with Historical Replacement Cost to reproduce original materials, designs, and craftsmanship after a loss. Business Interruption Coverage and Extra Expense Coverage can help companies recoup lost revenue and maintain payroll during restoration. Updates…
$25.6 Billion in Nuclear Verdicts Raises Stakes for Businesses
Inside This Article: “Nuclear” verdicts increased 40.7% in 2025, reaching their highest annual total since 2009, according to Marathon Strategies. The nearly 200 verdicts of at least $10 million in 2025 totaled approximately $25.6 billion. Claims that have previously stayed within primary insurance limits are increasingly reaching Excess Liability Insurance layers. Business owners are encouraged to closely review policy…
Cyber Insurance Market Overview: Emerging AI Risks and Coverage Considerations
Key Takeaways: The Cyber Insurance market remains highly competitive, with stable pricing and abundant capacity, though underwriting scrutiny is increasing for certain industries and higher-risk accounts. AI is making cyberattacks more scalable and difficult to detect while creating new liability and coverage considerations across multiple lines of business. Privacy litigation is increasing as AI makes it easier to identify…
$2.75M Dump Truck Settlement Puts Excess Liability Limits in Focus
Inside This Article: The city of Troy, New York, recently approved a $2.75 million settlement for a former physician who was struck by a city-operated dump truck. The city will reportedly pay $1 million of the settlement, and its insurer will cover the remaining $1.75 million, according to reports. Accident-related liability claims can be covered by Transportation Insurance policies…
Cyber Insurance: AI-Driven Threats
AI can help organizations detect threats faster, but it is also helping cybercriminals operate at scale. In this clip from our recent Cyber Insurance webinar, Michael Spinks, Head of SME Cyber, US at CFC, explores both sides of AI\'s growing impact on the cyber insurance market. https://vimeo.com/1225974037/ae22a48498?fl=ip&fe=ec&share=copy
Cyber Insurance: Addressing AI in Policies
AI is creating new opportunities for businesses, but it is also raising important coverage questions. In this excerpt from our Cyber Insurance webinar, Erica Rangel, Associate Managing Director, Broker, Professional Liability, Burns & Wilcox, Chicago, IL, explains how insurers are addressing AI-related risks and what brokers and insureds should look for when reviewing coverage. https://vimeo.com/1225986506/84692fd970?fl=ip&fe=ec&share=copy
Cyber Insurance: Risk Management
Businesses have access to more cybersecurity tools than ever before. So, what separates those that are better prepared for cyber incidents? In this clip from our recent Cyber Insurance webinar, Joey Franiak, Broker, Professional Liability, Burns & Wilcox, San Diego, CA shares his perspective. https://vimeo.com/1225985599/a3bcd8affa?fl=ip&fe=ec&share=copy
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