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Laptop Charging on Bed Ignites Apartment Fire in Northwest Austin
A bedroom fire at an apartment complex in northwest Austin, Texas, on Nov. 4 was reportedly caused by a laptop left charging on a bed. The blaze, which displaced one resident but caused no injuries, was extinguished by a sprinkler system and caused an estimated $8,000 in property damage, CBS Austin reported. Just days later in the same city, a
‘Rust’ Movie Set Shooting Likely to Prompt Major Lawsuits, Experts Say
The accidental shooting that resulted in the tragic death of cinematographer Halyna Hutchins on the set of the film Rust could lead to a “tremendous legal fallout,” Time magazine recently reported. Reports indicate that Hutchins died after producer and actor Alec Baldwin fired a prop gun that contained a live round. Director Joel Souza was also injured in the shooting
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Labor & Staffing: Management Liability and E&O Thursday, December 9, 2021 at 1:30 PM EST Join our experts for a discussion on E&O as it relates to the risks associated with remote operations, labor shortages, and staffing companies. We will discuss the key coverage considerations and exclusions. Featured Experts: Rahmad Bauldrick, Director, Professional Liability, Regional Practice Group Leader, Burns &…
A recent recall of fresh onions has now been linked to at least 808 salmonella infections and includes onions from multiple sources, including HelloFresh and EveryPlate meal kits. According to an Oct. 29 update from the U.S. Food and Drug Administration, the salmonella outbreak has caused illness across 37 states and Puerto Rico and hospitalized 157 individuals. It has so…
A family of four was reportedly vaccinated against COVID-19 by mistake on Oct. 4 when they tried to get their annual flu shots at a Walgreens pharmacy in Evansville, Indiana. The parents claim that shortly after they and their 4- and 5-year-old children received what they thought was the flu vaccine, a pharmacist called to explain that they all had…
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…
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…
A recent video that shows a man stumbling off a Tennessee pedal pub and falling into a moving car has added to growing concerns over the safety of open-air bike bars and other so-called “transportainment” vehicles where alcohol is served. In the video, a man is seen sitting in the backseat of a parked Nashville Pedal Tavern vehicle before falling…
Other Recent Intel
Rising premiums, decreased capacity, an enhanced focus on details and fallout from labor shortages are the main trends facing clients requiring Restaurant & Bar Insurance more than halfway through 2021. A hard market that first began in 2018 accelerated during the first several months of the pandemic, with tens of thousands of restaurants and bars around North America closing either…
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…
In this webinar, we discuss Parametric Insurance in today\'s market. A form of risk transfer, it’s different from traditional property coverage, in that it issues a set payment upon the occurrence of a triggering event, such as a hurricane or wildfire. Daniel Vetter, Head of North America, Descartes Insurance Solutions, and Colin Harper, Senior Business Development Manager, North America, Descartes…
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…
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…
Halloween spending in the U.S. is projected to hit a record high of $10 billion this year, according to the National Retail Federation. The spending surge, an approximately $2 billion jump from 2020, is being attributed in part to pent-up demand after the pandemic kept many kids inside last year, more events being hosted, and a rise in adults celebrating…
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