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Ask the Expert Q&A: Private Client Insurance
From professional athletes to corporate executives, high-net-worth individuals require a specialized approach to risk management and insurance. To learn more about Private Client Insurance, Crain’s Content Studio spoke with Sarah Chandonnet, Manager, Private Client, Burns & Wilcox, Detroit/Farmington Hills, Michigan. What type of clientele are you seeing in the Private Client Insurance space? S.C.: The type of clientele we are…

Mickey Mantle Baseball Card Hits Home-Run $12.6 Million Auction Sale
A mint-condition Mickey Mantle baseball card from 1952 sold at auction Aug. 28 for $12.6 million, making it the most valuable sports collectible in the world, CNN recently reported. According to a news release from Heritage Auctions, the exceptionally well-preserved card was last purchased in 1991 for $50,000, a price that broke records at the time. The new eight-figure sale…

Warhol Painting Sells for Record-Setting $195M Amid Growing Interest in High-Value Art
A famous portrait of Marilyn Monroe painted in 1964 by Andy Warhol recently sold at auction for over $195 million, setting records for the most expensive piece of 20th century art ever sold and the highest amount paid for a piece of American artwork. The May 9 sale of the vibrant silkscreen, titled \"Shot Sage Blue Marilyn,\" also made history…

Dog Attack, THC-Spiked Cracker Incident Underscore Home Day Care Risks
A 3-year-old girl required 180 stitches to her face and spent days in the hospital after being tragically attacked by a dog April 2 at a home day care in Hemet, California. The attack is one of multiple incidents involving home day care facilities to make headlines in recent weeks. On April 22, police responded to a hospital in Stafford,…

Big Game Party Hosting: 5 Ways to Reduce Liability
The countdown to the big game is on as football fans across the U.S. prepare to watch the Los Angeles Rams take on the Cincinnati Bengals in Super Bowl LVI on Feb. 13. For many enthusiasts, the championship game is best enjoyed by hosting or attending a Super Bowl gathering with family and friends. According to a recent report, 90…

6 New Year’s Resolutions to Reduce Your Risks in 2022
Have you made your New Year’s resolutions? About 44% of adults surveyed in a recent Medifast poll said they planned to set a resolution for 2022, compared to 50% in 2021. Top resolutions for the new year include financial health, holistic health and wellness, and focusing on self-care or body positivity, the survey found. While not everyone will make a…

Ask the Expert Q&A: Personal Umbrella & Excess Liability Insurance
Being held liable for a serious incident such as a boating accident, dog bite or trampoline injury has the potential to cause financial devastation to individuals who are not properly insured. To learn more about how Personal Umbrella & Excess Liability Insurance can help, Crain’s Content Studio spoke with Kate Wright, Associate Vice President, Regional Practice Group Leader, Personal Insurance,…

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…

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…

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

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…

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…
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