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Eye on 2021: Specialty Insurance Overview

Eye on 2021: Specialty Insurance Overview

This webinar includes a high-level overview of market conditions and expert insight on: Personal Insurance Professional Liability Commercial Insurance Casualty Brokerage Property Brokerage Carrier Perspective Featuring: Blaise D’Antoni, Executive Vice President, Burns & Wilcox, David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox, Bill Gatewood, Corporate Senior Vice President, National Personal Insurance Practice Leader, Burns…

5 Tips for a Safer Holiday Season, Online and At Home

5 Tips for a Safer Holiday Season, Online and At Home

Cybersecurity experts are warning consumers about a new scam that capitalizes on the pandemic forcing many seasonal gift shops and pop-up markets to go virtual this year. In a scam alert issued on November 13, the Better Business Bureau said cybercriminals are using copycat shopping event sites and social media pages to charge admission and steal credit card data. In…

Powerball Winner Keeps Promise to Split $22 Jackpot with Friend

Powerball Winner Keeps Promise to Split $22 Jackpot with Friend

A Wisconsin man who recently won $22 million playing the state’s Powerball lottery has followed through on a decades-old promise to split the jackpot with his friend. Thomas Cook and his friend fishing partner, Joseph Feeney, reportedly made a handshake agreement 28 years ago to split any lottery winnings if either of them ever hit the jackpot. Cook made good…

Property Owner Settles Tenant Lawsuit for $3.5 Million

Property Owner Settles Tenant Lawsuit for $3.5 Million

The former owner and manager of two apartment complexes in Washington, D.C. will pay $3.5 million to settle a tenant lawsuit alleging rat and bed bug infestations, sewage leaks, mold contamination and other hazards. The lawsuit, brought by the district’s attorney general in October 2018, also claimed the buildings’ hundreds of tenants were subjected to persistent violence, including multiple homicides…

From Pools to ‘Pandemic Puppies,’ Backyard Family Fun Brings Risk

From Pools to ‘Pandemic Puppies,’ Backyard Family Fun Brings Risk

Sales of pools, trampolines and other backyard recreational items have surged in recent weeks as families try to salvage a summer marred by camp closures, community pool shutdowns, travel restrictions and continued anxiety over the COVID-19 crisis. Vendors in the U.S. and Canada have sold out of above-ground pools while pool shop owners continue to be inundated with inquiries. Soaring…

Ask the Expert Q&A: Private Client Insurance

Ask the Expert Q&A: Private Client Insurance

High-end homes, big-ticket items like jewelry and fine art, expensive collections and a higher risk of lawsuits make Private Client Insurance essential for affluent individuals. To learn more about the Private Client Insurance market and its particular risk profiles, Crain’s Content Studio sat down with Heather Posner, Associate Vice President, Director, Private Client, Burns & Wilcox, Cleveland, Ohio. What are…

Millions in Jewelry and Cash Stolen After Alleged Burglary Ring Stalks Social Media

Millions in Jewelry and Cash Stolen After Alleged Burglary Ring Stalks Social Media

Suspected members of a highly-organized burglary ring were arrested in Miami, Florida last month for allegedly using social media and other surveillance techniques to target homeowners in upscale neighborhoods and steal millions of dollars’ worth of jewelry and cash. On February 18, 10 suspects were charged with racketeering, conspiracy and burglary, putting an end to an alleged two-year crime spree…

Overturned Tanker Truck Spills 5,000 Gallons of Hazardous Material, Prompts Evacuation

Overturned Tanker Truck Spills 5,000 Gallons of Hazardous Material, Prompts Evacuation

Several homes were evacuated on February 3 after a semi-truck tanker overturned near Williamsburg, Kentucky and leaked 5,000 gallons of highly flammable butyl acrylate onto the railroad tracks below. Several agencies responded to the incident, including a hazmat crew to clean up the strong-smelling irritant. While officials reported the risks of the chemical spill spreading beyond the site were low,…

‘Jeopardy!’ Champion’s $1.8 Million Winnings a Reminder to Safeguard Sudden Wealth

‘Jeopardy!’ Champion’s $1.8 Million Winnings a Reminder to Safeguard Sudden Wealth

On Monday, May 20, 34-year-old professional gambler James Holzhauer won $89,229 on his return to “Jeopardy!” following a two-week hiatus from regular play. He won another $86,905 on Tuesday, May 21 and set a series record for highest per-game winnings average: $77,798. Holzhauer is the biggest single-game cash winner – $131,127 – and second-biggest overall winner in the show’s 40-year…

60 Percent of Art Damage Claims Arise from Transport

60 Percent of Art Damage Claims Arise from Transport

According to the 2019 Art Basel and UBS Global Art Market Report, more artwork is fetching higher sale prices worldwide. Art sales at auctions, art fairs and online reached $67.4 billion in 2018, up 6 percent from the previous year. With the network of dealers and collectors spread across the globe, more art winds up in transit—where matters can become…

Truck Driver’s $298.3 Million Powerball Jackpot Leads to Newfound Wealth, Risk

Truck Driver’s $298.3 Million Powerball Jackpot Leads to Newfound Wealth, Risk

Truck driver David Johnson confirmed last week he is the sole winner of the December 26 New York Powerball drawing. The 56-year-old, who emigrated from Jamaica when he was 16, quit his job at Iberia Foods and plans to live on the estimated $114 million he will collect after taxes. Johnson’s plans also include buying a new family home in…

Turkey Frying Missteps Can Be Disastrous

Turkey Frying Missteps Can Be Disastrous

With Thanksgiving this week, it’s time to talk turkey. Frying a turkey, that is. Colonists and Americans have been celebrating Thanksgiving with a turkey dinner for centuries, but the practice of frying a turkey for dinner is a recent one. “There’s not a juicier, more flavorful turkey anywhere,” said Bill Gatewood, Corporate Vice President and Director, Personal Insurance, Burns &…

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