Intel Search | Burns & Wilcox
Home / Intel / Intel Search

Intel

Powered by    

Please type in your search term to see articles.

Property & Casualty 2021 Q3 Market Overview & Q4 Forecast

Property & Casualty 2021 Q3 Market Overview & Q4 Forecast

By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group We are pleased to share our third quarter Property & Casualty Market Overview and Forecast, prepared immediately following industry conferences and meetings that are clear bellwethers of what to anticipate. September, as we know, is Reinsurance Month which sets the stage for pivotal year-end negotiations of January 1…

Ask the Expert Q&A: Homeowners Insurance, Gulf Coast

Ask the Expert Q&A: Homeowners Insurance, Gulf Coast

In the wake of Hurricane Ida and an alarming number of other severe weather events in the U.S., Homeowners Insurance has been in the spotlight — particularly for those living in the Gulf Coast. To learn more, Crain’s Content Studio spoke with Rachel Salter, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, New Orleans, Louisiana. What are some of the…

Catastrophic Flooding Claims Lives, Washes Away Homes in Middle Tennessee

Catastrophic Flooding Claims Lives, Washes Away Homes in Middle Tennessee

At least 22 individuals were killed and many more remained missing after a flash flood ravaged the rural town of Waverly, Tennessee on Aug. 21. The sudden torrent of rain — estimated at 17 inches, likely setting a state record — swept away vehicles, tore homes off their foundations and crumbled roads and bridges. By Aug. 23, officials were reportedly…

108 Wildfires Rage Across U.S. as Fires Leave More Homeowners Vulnerable

108 Wildfires Rage Across U.S. as Fires Leave More Homeowners Vulnerable

At least 108 active wildfires were burning in the U.S. as of Aug. 10, involving over 2.4 million acres of land in 15 states. The Bootleg Fire in Southern Oregon has burned more than 400,000 acres since it was ignited by lightning on July 6 and although it was 98% contained as of Aug. 10, officials said it was nowhere…

Ask the Expert Q&A: Homeowners Insurance & Wildfire Defense

Ask the Expert Q&A: Homeowners Insurance & Wildfire Defense

Wildfires are a growing risk for homeowners in many areas. To learn more about how homeowners can protect themselves and their property, Crain’s Content Studio spoke with Pamela Alphabet, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Scottsdale, Arizona. How serious is the wildfire threat for homeowners today? P.A.: Each year, the risk continues to increase. By far, the…

‘Airbnb for Backyard Pools’ Trend Raises Liability Flags for Homeowners

‘Airbnb for Backyard Pools’ Trend Raises Liability Flags for Homeowners

An increasing number of homeowners are renting out their backyard pools to earn extra cash, the Wall Street Journal recently reported. At least 13,000 pool owners in the U.S. have signed up to rent out their pools by the hour through Swimply, an online platform that launched in 2020, while others are offering their swimming pools for rent on a…

Property & Casualty 2021 Q2 Market Overview & Q3 Forecast

Property & Casualty 2021 Q2 Market Overview & Q3 Forecast

By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group As the world begins to emerge from the COVID-19 pandemic, it is abundantly clear, the “new normal” will reshape all of our organizations. One of our many goals is to keep you updated on the rapidly evolving insurance marketplace where adjustments have arguably never been more fluid.…

Eye on Q3: Personal Insurance Overview

Eye on Q3: Personal Insurance Overview

https://vimeo.com/577195682/ad4d54f73c

Wildfire Defense

Wildfire Defense

Wildfire Defense Systems (WDS)—a specialist in wildfire education, loss prevention and wildfire response services—joined our panel of experts as they detailed insights into the 2021 wildfire season. During this webinar, we: Forecast the 2021 wildfire season Discuss learnings from past wildfire activity Review the Wildfire Defense Systems partnership with Burns & Wilcox Provide updates on current marketplace conditions in California…

Fire at Historic Mackinac Island Home Causes $1 Million in Damages

Fire at Historic Mackinac Island Home Causes $1 Million in Damages

A historic home on Michigan’s famed Mackinac Island caught fire on May 30, leaving more than $1 million in damages to the 120-year-old cottage. No one was injured in the blaze, which was reportedly caused by a chimney failure that occurred about two hours after a fireplace was lit on the home’s first floor. Fire officials described the roof and…

Billion-Dollar Hail Loss Underscores Risk of ‘Unpredictable’ Severe Weather

Billion-Dollar Hail Loss Underscores Risk of ‘Unpredictable’ Severe Weather

Parts of Texas and Oklahoma are still assessing the toll of destruction after hail reportedly as large as softballs left swaths of damages to homes, cars and other property on April 28. The day was expected to be declared a \"billion-dollar hail loss day\" in the U.S.: according to the federal Storm Prediction Center, there were 38 reports of severe…

Eye on Q2: Flood Insurance Overview

Eye on Q2: Flood Insurance Overview

Looking ahead into 2021, the Flood Insurance Market should anticipate multiple changes. According to Brad Turner, “The Private Flood market should have the opportunity to compete across a lot of segments it wasn’t able to before, under the new NFIP Rating 2.0, because the market will have a greater understanding of pricing and awareness of exposure.” Watch the full Eye on Q2:…

Powered by