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Property & Casualty Report: Forward Outlook

Property & Casualty Report: Forward Outlook

The fourth quarter began very different than how the majority of the summer months had transpired from a Natural CAT perspective; as Hurricane Ian used the final few days of Q3 to take aim at Florida’s densely populated gulf coast. Despite mandatory evacuations, fairly accurate forecasting of its path and the usual several days to prepare, its damages were devastating.…

Property & Casualty Market Outlook: Q4 2022

Property & Casualty Market Outlook: Q4 2022

During this webinar, our experts provide an outlook into Q4, including high-level market overviews and insights. Special Guests: Blaise D\'Antoni, Executive Vice President, Burns & Wilcox, New Orleans, LA Rich Gobler, Corporate Senior Vice President, Managing Director, Burns & Wilcox, San Francisco, CA Laura Bates, Corporate Senior Vice President, London Market Practice Leader, Burns & Wilcox, Farmington Hills, MI Hosted…

Hurricane Ian Recovery: Navigating Your Insurance Claim After a Loss

Hurricane Ian Recovery: Navigating Your Insurance Claim After a Loss

Catastrophic flooding and winds decimated areas of southwest Florida when Hurricane Ian made landfall Sept. 28, tragically leaving at least 101 individuals dead in its wake. The Category 4 storm was one of the most powerful to ever hit the state and the U.S. overall, with record-breaking storm surges toppling homes, trapping residents and submerging vehicles…

Tesla Recalls Over 1 Million Vehicles Over Worries Windows Could Cause a Pinch

Tesla Recalls Over 1 Million Vehicles Over Worries Windows Could Cause a Pinch

A faulty window reversal system on certain Tesla models has led to the recall of more than 1 million vehicles. The problem, discovered by the company during production testing in August, could make the power windows react incorrectly to obstructions and cause an individual\'s fingers to be pinched, the Associated Press reported. Affected vehicles include certain Model 3 and Model…

Property & Casualty Report: Q2 2022 Market Overview & Q3 Forecast

Property & Casualty Report: Q2 2022 Market Overview & Q3 Forecast

Macroeconomic trends, namely inflation and rising interest rates, are having a profound effect on the Property & Casualty (P&C) market as we head into the second half of 2022. Inflation impacts everything—from rapidly changing property values to challenges with mid-year reinsurance renewals. These are truly generational inflationary pressures that most professionals within the industry have never personally experienced. Even with…

Trending Intel: July 2022

Trending Intel: July 2022

Below we highlight the top 5 trending intel topics in July 2022.   1. Property & Casualty Overview & Outlook Commercial Property, Cyber Liability and Coastal Properties Watch as our experts discuss the Property & Casualty market as we begin the third quarter of 2022. This panel discussion included insights into…

P&C Market Outlook: Q3 2022

P&C Market Outlook: Q3 2022

In this webinar, our panel of experts provide insights into the following areas: Commercial Property, Cyber Liability, and Coastal Properties. Featuring: Anella Niewenhous, AVP, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Morehead City, NC Ryan Ascenzo, Senior Broker, Professional Liability, Burns & Wilcox Brokerage, New York, NY Jody Oster, Senior Broker, Property, Burns & Wilcox Brokerage, Chicago, IL…

Cannabis Lounges Bring New Risks to Fast-Moving Industry

Cannabis Lounges Bring New Risks to Fast-Moving Industry

In a growing number of communities around the U.S., new cannabis lounges are offering a social setting where guests can openly use marijuana products. Colorado and New Mexico both saw their first cannabis lounges open in April, Michigan’s first marijuana lounge is set to open this summer, and officials in Nevada are currently discussing how the recently-approved class of businesses…

Property & Casualty Report: Q1 2022 Market Overview & Q2 Forecast

Property & Casualty Report: Q1 2022 Market Overview & Q2 Forecast

As we enter the long-awaited season of Spring which conjures up thoughts of new beginnings, I draw parallels to the Excess & Surplus (E&S) Insurance industry. Several years of disciplined underwriting, including increased rates, adjusted limit deployment, and careful tweaking of policy language, coupled with a tamping of COVID-19 restrictions is resulting in this renewed sense of optimism. Carriers are…

Kinder Chocolate, Skippy Peanut Butter Among Latest Food Safety Recalls

Kinder Chocolate, Skippy Peanut Butter Among Latest Food Safety Recalls

Two Kinder chocolate products sold in the U.S. are being recalled after salmonella typhimurium was detected at the Belgian facility where they were made. While no salmonella cases have been identified in the U.S., the facility is linked to a salmonella outbreak in Europe that has sickened at least 142 individuals, most of whom are young children. Ferrero’s voluntary recall,…

Ice Dams, Heavy Snow Cause Problems for Property Owners

Ice Dams, Heavy Snow Cause Problems for Property Owners

Heavy snow, built-up ice and fluctuating temperatures have caused headaches and hardships for homeowners and business owners across the U.S. and Canada this winter. In Texas earlier this month, winter storms led to the collapse of a Waco woman’s living room ceiling at the house she was renting and downed multiple trees in Austin, including one that broke through a…

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