Intel

Inside This Article: Many communities throughout the central United States were submerged after historic rainfall led to life-threatening flash floods. The Ohio River reached its highest crest since 1997, flooding storefronts in downtown Louisville, Kentucky. Many homeowners do not have insurance coverage for flood damage because it is excluded under standard Homeowners Insurance policies. Private Flood Insurance policies can…

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: Two “spyder” cranes came crashing down onto a scaffolding outside a 12-story building that was under construction. No injuries were reported related to the incident, which occurred just a day after a partial stop-work order at the site was rescinded. This type of incident could lead to reputational damage as well as costly lawsuits, which can…

Some commercial properties are more difficult to insure than others, creating challenges for property owners. To learn more about Hard-to-Place Commercial Property Insurance, we spoke with Tim​​​​ Wright, Senior Underwriter, Commercial Insurance, Burns & Wilcox, Boston, Massachusetts. What makes a commercial property hard to place? T.W.: Much of what makes a property hard to place for insurance is about location.…

Watch below as Connor Farquharson, Manager, Commercial Insurance, Burns & Wilcox, Dallas/Fort Worth, TX, breaks down today’s evolving Commercial Insurance landscape—where some markets are softening while others, like Transportation and Liquor Liability, continue to harden nationwide. https://vimeo.com/1073993370/1b7518d264?ts=0&share=copy For more insights, watch the full P&C Market Outlook Q2 2025 webinar recording.

The Property & Casualty (P&C) insurance landscape is evolving, shaped by shifting market conditions, emerging risks, and changing carrier appetites. Watch the Burns & Wilcox P&C Market Outlook Q2 2025 webinar replay to gain valuable insights from industry leaders on the latest trends across the Commercial, Personal, and Professional Liability Insurance markets, including: Strategies for brokers and agents to succeed…

Inside This Article: Heavy rains were likely to blame for a third-floor balcony collapse in Los Angeles involving four individuals and a dog. Balcony collapses are rare but can also happen when structural integrity is compromised due to age, poor construction or overloading. Such incidents at housing complexes can cause catastrophic injuries, potentially leading to lawsuits and significant repair…

INSIDE THIS ARTICLE: A $125,000 Bobcat skid steer was stolen from a plumbing and general construction business in Detroit leaving a “heartbreaking” loss for the small business. Construction thefts are on the rise and may be more likely to occur when equipment is left unattended at jobsites overnight. Insurance policies that can help construction companies recover from theft include…

The E&S market continues to expand, approaching $111 billion in premiums, with changing rates, evolving capacity, and new opportunities for brokers. See below to explore key trends for 2025, including CAT pricing adjustments and strategies for the London market.

The Commercial Insurance market is facing evolving challenges as wildfire losses, tightening capacity, and rising claims costs drive firming conditions. See below to explore key trends in Property, Casualty, and more, and discover what’s shaping the market in 2025.  

Unexpected gaps in insurance coverage can leave business owners vulnerable to significant financial risks—especially in the construction industry. Watch as Amber Carver, Vice President, Associate Managing Director, Underwriter, Burns & Wilcox, Salt Lake City, UT, breaks down a common exposure scenario and shares how brokers and agents can guide clients in safeguarding their businesses and livelihoods. https://vimeo.com/1040103742/11d1dd0666?ts=0&share=copy  

Bars, restaurants, and other hospitality businesses are increasingly seeking insurance coverage from Excess and Surplus (E&S) markets, particularly for Liquor Liability. Watch our latest webinar for insights on: Factors prompting admitted carriers to withdraw from the hospitality sector. Common exclusions in policies that can lead to significant coverage issues during claims. The importance of aligning a business\'s social media posts…