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Cosmetic Treatment Gone Wrong: The Rising Risks in Medspas
Inside This Article: A woman reportedly suffered multiple infections after receiving injections of a filler at a medical spa in Philadelphia. More medical spas in the U.S. and Canada are offering increasingly complex procedures, potentially heightening the risk of a malpractice claim. When a medspa is sued, the facility’s Professional Liability Insurance can cover legal defense and indemnity payments.

Balcony Collapse Underscores Importance of Risk Mitigation
Inside This Article: Heavy rains were likely to blame for a third-floor balcony collapse in Los Angeles involving four individuals and a dog. Balcony collapses are rare but can also happen when structural integrity is compromised due to age, poor construction or overloading. Such incidents at housing complexes can cause catastrophic injuries, potentially leading to lawsuits and significant repair
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INSIDE THIS ARTICLE: A $125,000 Bobcat skid steer was stolen from a plumbing and general construction business in Detroit leaving a “heartbreaking” loss for the small business. Construction thefts are on the rise and may be more likely to occur when equipment is left unattended at jobsites overnight. Insurance policies that can help construction companies recover from theft include…

INSIDE THIS ARTICLE: A couple sued a restaurant chain in Texas, claiming injury and mental anguish after a glass window shattered into their booth. Failure to properly maintain the 50-plus-year-old windows factored into $4 million in damages awarded by jury. Increasing litigiousness highlights risks of inadequate Commercial General Liability (CGL) Insurance for businesses. Ramifications of such suits can include…

Inside This Article: A rare cold snap in Florida caused extensive plumbing damage, with many homeowners facing costly repairs due to frozen pipes and burst water lines. Each year, around 250,000 homes in the U.S. experience damage from frozen pipes, and a single burst pipe can lead to over $5,000 in repair costs. Due to Florida’s challenging insurance market,…

Inside This Article: Cargo theft surged 27% between 2023 and 2024—which regions were hit hardest. The high-value and everyday goods criminals are targeting in record numbers. The rise of strategic cargo theft—how criminals use fake identities and deception to steal entire shipments. Why Motor Truck Cargo Insurance is more critical than ever for shippers and carriers. Smarter security strategies…

An assisted living facility in Shrewsbury, Massachusetts, is facing a lawsuit from the estate of a resident over concerns about the quality of care she received before her tragic passing. The wrongful death lawsuit, filed on January 3, alleges that the woman fell in her bedroom at The Residence at Orchard Grove and was left on the floor for at…

Incidents involving vacant homes are on the rise in Terre Haute, Indiana, especially amid frigid winter weather, as empty homes in the city are increasingly being used for shelter, drugs or theft, WTWO News reported recently. The trend is mirrored in other parts of North America. For example, an uptick in fires at vacant properties in Albany, New York, is…
Other Recent Intel

The recent wildfires and extreme weather trends are reshaping the Residential Property risk landscape, making it challenging to secure coverage. Understanding today’s evolving market is key to providing the best solutions for your clients. Watch our expert-led webinar, E&S Solutions for Residential Property Risks, now available on demand. Gain valuable insights on: Strategies for securing coverage in high-risk areas How…

Key Takeaways: The U.S. Hospitality Insurance market remains hard, with Liquor Liability coverage tightening across most states. Social media marketing can significantly impact a business\'s insurability. Liquor sales exceeding 50% of revenue make coverage harder to obtain, reinforcing the need for diversified income streams. Liquor Liability insurance is not a one-size-fits-all policy and must be customized to each business\'s…

The E&S market continues to expand, approaching $111 billion in premiums, with changing rates, evolving capacity, and new opportunities for brokers. See below to explore key trends for 2025, including CAT pricing adjustments and strategies for the London market.

The Professional Liability Insurance market remains stable, with some soft spots and abundant capacity. See below to learn how the rise in Cyber risks, growth in Architects & Engineers, and increasing claims in Healthcare are shaping 2025.

The Personal Insurance market continues to face challenges as wildfire risks lead to tightening capacity, increasing premiums, and stricter underwriting practices. See below to learn how legislative changes, risk mitigation efforts, and advancements in technology are shaping the future in 2025.

The Commercial Insurance market is facing evolving challenges as wildfire losses, tightening capacity, and rising claims costs drive firming conditions. See below to explore key trends in Property, Casualty, and more, and discover what’s shaping the market in 2025.
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