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$38B Blizzard: Historic Snowstorm Triggers Property, Liability Risks
Inside This Article: Heavy snowfall, wind, and ice from a major Northeast blizzard in February is expected to cost up to $38 billion, including costly residential damage claims. Ice dams, roof collapse, and slippery walkways are among the risks homeowners face after severe winter storms. Damage related to blizzards is typically covered under Residential Property Insurance, though policies may…
LA Wildfire Losses Changing How High-Value Homes Are Built, Bought, and Insured
Inside This Article: Many homeowners affected by the Los Angeles wildfires last year have been unable to rebuild after realizing their insurance limits are not sufficient for current rebuilding costs. Rising construction expenses and high demand following disasters are increasing the risk of underinsurance nationwide. Inspections, valuation updates, and reviews of limits, endorsements, and home upgrades can help prevent…
Professional Liability Insurance Updates: 2026 Forecast
Evolving cyber risk, emerging A.I. exposures, and increased claim severity are shaping Professional Liability for 2026. See how rising cyber losses, shifting underwriting approaches, and the E&S market’s role in addressing complex risks are influencing coverage and pricing in the Professional Liability 2026 Forecast SlideShare.
Video: 2026 Personal Insurance Outlook
After a year of record-setting wildfires and an unusually quiet wind and hurricane season, Bill Gatewood, Executive Vice President, Personal Insurance, Burns & Wilcox, shares why Personal Insurance may be shifting back to a more “traditional” pattern. Watch this Personal Insurance Outlook from our recent Eye on 2026 P&C webinar. https://vimeo.com/1152984369/3226c59216?share=copy&fl=sv&fe=ci
Webinar: Eye on 2026 – P&C Market Outlook
Kick off the new year with fresh insights into the Property & Casualty insurance market. Watch the Burns & Wilcox Eye on 2026 webinar recording for expert perspectives on how 2025 shaped market conditions—and what’s ahead for Personal, Commercial, and Professional Liability Insurance in 2026. Topics discussed include: Reinsurance trends influencing pricing and capacity Emerging risks and the impact of technology and AI on…
World Cup Sparks Interest in Short-Term Rentals: What Homeowners Need to Know
Inside This Article: Kansas City is considering an ordinance that would allow residents to register their homes as short-term rentals during major events such as the World Cup. The proposal aims to expand lodging options to accommodate the expected influx of fans while giving homeowners a chance to benefit economically. Short-term rentals may not be covered by standard Homeowners…
P&C Updates | Q4 2025
Strict underwriting, CAT-weather volatility, and inflation are shaping a “softening hard market” in Property & Casualty. See how E&S growth, capacity trends, and technology are driving change in Q4 2025 in the SlideShare below.
Fishing Tournament Accident Prompts Lawsuits, Personal Liability Concerns
Inside This Article: A boat crash on Lewis Smith Lake in April during a Major League Fishing tournament resulted in three deaths and injuries to two others. The family of one of the victims recently filed a lawsuit against Major League Fishing, its president, an angler, and a boat guide, claiming negligence and wrongful death. Personal Umbrella Insurance can…
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…
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,…
$4.2 Million Verdict Reflects Rise in Dog Bite Claims
Inside This Article: An 82-year-old woman in Georgia was awarded over $4.2 million in relation to a 2020 incident in which she was attacked by her neighbor’s dog. Settlements for dog bites and other Personal Liability claims are on the rise as medical and legal costs continue to climb. The cost of dog bite-related injury claims increased 18.3% in…
Tragic Trampoline Injury Puts Focus on Homeowner Liability
A heartbreaking accident in Twin Falls, Idaho, left a father paralyzed after attempting tricks on a backyard trampoline during a friend’s barbecue, KMVT reported. The devastating incident is a reminder of how quickly everyday moments can turn tragic—and the liability risks homeowners may face when someone is seriously injured on their property. “The incident is a…
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