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6 Ways to Avoid Holiday Hosting Accidents, Other Seasonal Perils

6 Ways to Avoid Holiday Hosting Accidents, Other Seasonal Perils

Holiday festivities are expected to be back in full swing for many families this year, with about 80% of American consumers and 66% of Canadian consumers planning to spend the 2021 holiday season normally, according to a recent Numerator survey. Over 46% of American adults plan to eat Thanksgiving dinner at a friend or relative’s house, a new survey by…

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

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

Climate-related extreme weather events are expected to impact more individuals in the U.S. each year. To learn more about severe weather and other property risks to homeowners on the Atlantic Coast, we spoke with Anella Niewenhous, Associate Vice President, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Morehead City, North Carolina. What are some of the greatest risks facing…

High-Value Insurance Solutions Market Overview

High-Value Insurance Solutions Market Overview

Today’s high-net-worth clients have continued to gather assets during the pandemic — in some cases, at an even faster pace than usual. Rising home values, a rebounding art and collections market, and “red hot” auto sales all demonstrate this trend, according to Heather Posner, Managing Director, Associate Vice President, Director, Private Client, Burns & Wilcox, Cleveland, Ohio. This has increased…

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…

Michael Jordan’s Rookie Sneakers Estimated to Sell for $1 Million or More

Michael Jordan’s Rookie Sneakers Estimated to Sell for $1 Million or More

One of the first pairs of sneakers Michael Jordan wore as a professional basketball player could become the most valuable pair ever sold at auction, CNBC recently reported. The red-and-white Nike Air Ships, which Jordan wore in 1984 during his rookie season, are being offered by Sotheby’s and opened for advanced bidding on Oct. 8. The signed sneakers are estimated…

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…

High-Value Insurance Solutions

High-Value Insurance Solutions

Watch as our experts discuss High-Net-Worth Solutions, including the state of the market, challenges, and specialty solutions. https://vimeo.com/589542376/a596860b5c

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.…

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