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Residential Property Insurance Outlook: Navigating Flood & Wind Risks
Key Takeaways: Homeowners are increasingly seeking coverage from the Excess & Surplus (E&S) Residential Property Insurance market. According to the 2025 midyear report from the Wholesale & Specialty Insurance Association (WSIA), this market has grown by 25% year-over-year, highlighting its importance in a changing environment. Catastrophic (CAT) weather events are driving the demand for E&S solutions. The National Oceanic…

$37K Worth of Labubu Dolls Stolen: Viral Craze Becomes Insurance Concern
Inside This Article: A Southern California store and warehouse were recently targeted by thieves in separate incidents that involved $37,000 worth of Labubu dolls. Businesses that hold high-value or collectible inventory may be at higher risk for theft. The incidents highlight the importance of theft coverage under Commercial Property Insurance — a protection that is not included in all policies. …

Commercial Insurance Updates | Q3 2025
Capacity may be improving, but many Commercial risks remain hard to place. Whether it’s CAT-prone Property or Liquor Liability, Burns & Wilcox delivers E&S strategies that help brokers place complex accounts. Explore this quarter’s Commercial Insurance outlook now.

P&C Updates | Q3 2025
The P&C market is showing signs of stabilization—however, one major CAT event could shift everything. From flood and wildfire trends to capacity swings and E&S market solutions, click below to see what’s shaping Property & Casualty in Q3 2025.

$2.5M Jordan Rookie Card Breaks Record, Spotlights Need for Specialty Coverage
Inside This Article: A signed 1986-87 Fleer Michael Jordan rookie card sold at auction for $2.5 million, setting a new record for a Jordan rookie card. The card was one of only nine signed by Jordan in 2024 and marked the first sports collectible offered by Pharrell Williams’ auction house Joopiter. Interest in sports collectibles remains high in the…

P&C Report: 2025 Q3 Outlook
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…

Video: Commercial Garage Insights
In our latest webinar, Lana Dennis discussed how increased exposures, especially in the commercial garage, are driving small dealers and repair shops into the E&S space. Watch highlights from the discussion below. https://vimeo.com/1100691885/e055da5eb7

Teen Party at Airbnb Causes $7K in Damages, Exposes Rental Risks
Inside This Article: A group of teens threw an unauthorized party at a Palm Beach County Airbnb, causing an estimated $7,000 in damage. The damage included a broken front gate, missing blinds, and a burnt electrical outlet, in addition to lost income from a canceled future booking. Coverage under standard Homeowners Insurance policies may not apply to short-term rentals,…

Cheesecake Factory Fire Spreads Through Vents, 100+ Firefighters Respond
Inside This Article: A fire erupted in the kitchen of a Cheesecake Factory in Seattle, Washington, on April 19, quickly spreading to the building’s ventilation system. More than 100 firefighters responded to the fire, which investigators said was caused by a fryer. Structure fires are a serious risk for restaurants, causing an average of $165 million in damages per…

Mysterious Object Falls from Sky, Damaging Roof of Small Business
Inside This Article: A mysterious object crashed through the roof of an auto shop in New Jersey on April 9, causing substantial damage. The incident was captured on surveillance cameras and described by witnesses as a “giant fireball” followed by a loud boom, fueling concerns about the dangers of falling objects after previous drone sightings around the state. A…

Hurricane Season 2025 Outlook: What Property Owners Need to Know
Inside This Article: Researchers are anticipating above-average Atlantic hurricane activity in 2025. Hurricanes have caused more than $1.5 trillion in total damages since 1980, with an average cost of $23 billion per event. Property owners may overlook aspects of their Homeowners Insurance and Commercial Property Insurance that determine how hurricane damage would be covered, leaving them at risk for…

P&C Updates: Q2 2025
The E&S market surged to $81 billion in 2024 as demand grows amid ongoing CAT events, inflation concerns, and evolving underwriting strategies. From rate shifts and capacity trends to London market insights and tech-driven risk solutions, explore what is shaping Property & Casualty in Q2 2025 below.
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