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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…

Upcoming Webinars

Upcoming Webinars

Wildfire Defense with David Torgerson, President of Wildfire Defense Systems Thursday, June 24, 2021 at 1:30 PM ET Get insight into the 2021 Wildfire Season with our special guest David Torgerson, President of Wildfire Defense Systems. Topics include: Forecasting the 2021 Wildfire Season Learnings from past wildfire activity Review of the Wildfire Defense Systems partnership with Burns & Wilcox Update…

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:…

Eye on Q2: Specialty Insurance Overview

Eye on Q2: Specialty Insurance Overview

Watch as our experts provide an outlook into the second quarter of 2021. We also review the year so far and how the biggest news stories impacted the insurance industry. During this webinar, we discuss: Flood Cyber Healthcare Commercial Property https://vimeo.com/534601820/0a594f3e59

President Biden’s Dog ‘Major’ Involved in Second Biting Incident

President Biden’s Dog ‘Major’ Involved in Second Biting Incident

One of the White House’s two canine residents was involved in a biting incident on March 29: the Bidens’ German Shepherd, Major, reportedly nipped at a National Park Service employee during a walk on the White House South Lawn. The employee was assessed by the White House medical unit and returned to work without injury. The incident has dominated national…

Water Damage Mitigation & Support

Water Damage Mitigation & Support

In this webinar, Burns & Wilcox sat down with partner FLO BY MOEN for an in-depth and informative discussion on how homeowners can prevent further water damage through water monitoring, leak detection, and automatic shutoff devices. https://vimeo.com/516862833/819e90fc2b  

Storm Damage Costs Could Be Highest in Texas, U.S. History

Storm Damage Costs Could Be Highest in Texas, U.S. History

The winter storm that knocked out power for millions amid frigid temperatures and spawned a rash of water-related disasters is expected to be the costliest weather event in Texas history. More than a week after the storm began on February 11, a third of Texas residents continued to experience power service disruptions, millions lacked ready access to safe water, and…

Bitter Cold, Heavy Snow Slam Homeowners, Businesses Across U.S.

Bitter Cold, Heavy Snow Slam Homeowners, Businesses Across U.S.

Collapsed roofs, caved-in foundations and broken windows are evidence of the destruction caused by bitterly cold temperatures and powerful winter storms that have hammered the U.S. and parts of Canada1 in recent weeks. As of February 17, 2.7 million Texans are still without power from a severe storm system spanning 25 states that began on February 13. The storm has…

Tom Brady Rookie Card Fetches a Record $555,988 at Auction

Tom Brady Rookie Card Fetches a Record $555,988 at Auction

An autographed Tom Brady rookie card was purchased at auction on eBay for $555,988 January 25, one day after the NFL’s Tampa Bay Buccaneers quarterback helped his team secure a spot in Super Bowl LV. The rare 2000 card was rated PSA Gem Mint 10—virtually perfect—condition1 and depicts Brady the year he was drafted by the New England Patriots. It…

Property & Casualty Market Overview & Forecast: Eye on 2021

Property & Casualty Market Overview & Forecast: Eye on 2021

By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group As reported in our earlier quarterly overviews, 2020 was unparalleled from any vantage point. Beyond the onset of a global pandemic early in the year, rates were already rising, capacity was being deployed much more acutely, and terms & conditions were being underwritten more vigorously as the…

Mammoth Sinkhole Forces Hospital to Relocate COVID Patients

Mammoth Sinkhole Forces Hospital to Relocate COVID Patients

A mammoth sinkhole opened up in the visitors’ parking lot at Hospital of the Sea in Naples, Italy on January 8, consuming three cars and forcing the temporary closure of a nearby residence for recovering COVID-19 patients. Though the sinkhole measured a whopping 66 feet deep and 21,527 square feet across, no injuries were reported and six patients were relocated…

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