Intel

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

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

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…

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,…

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…

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…

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…

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…

Inside This Article: A California landlord faces lawsuits from the city of Oakland and seven tenants after both elevators at a six-story apartment building were out of service for 52 consecutive days. The lawsuits also allege pest issues and other safety hazards that affected elderly and disabled residents. Lawsuit-related expenses could be covered by Commercial General Liability (CGL) Insurance, Excess Liability…

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,…

Inside This Article: Claude AI models recently gained unauthorized access to three outside organizations’ systems during cybersecurity evaluations, according to Anthropic. Anthropic uncovered the incidents during a review of 141,006 evaluation runs and said two affected organizations had not detected the breach before being notified. Cyber & Privacy Liability Insurance and Technology Errors & Omissions (E&O) Insurance may respond to losses involving…

Scenario 1: An office building had a clogged drain, and a staff member used chemicals to unclog the drain, sending noxious fumes through the HVAC system. RELATED STATS: Companies within the building may need to close for the day, losing out on a day’s worth of business. There may also be costs associated with hiring professionals to unclog the drain…