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QVC, Amazon Warehouse Disasters Underscore Risks at Large Facilities
A massive fire at a QVC warehouse in Rocky Mount, North Carolina, on Dec. 19 destroyed 75% of the 1.5 million-square-foot facility and killed one worker, according to news reports. The five-alarm blaze rendered the site inoperable and has reportedly prompted the company, a major employer in the area, to plan to lay off all of its more than 1,900
2021 Insurance Timeline: Navigating Risks in the New Normal
In 2021, the rollout of COVID-19 vaccines marked a turning point in the pandemic for many North American organizations and individuals. As industries from construction to hospitality resumed operations, the economic rebound also brought its own challenges as businesses navigated a new normal defined by continued COVID-19 surges, supply chain concerns and worker shortages— on top of existing risks like
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Workers\' Compensation Thursday, January 20, 2022 at 1:30 PM EST Please join us for a discussion on the changing dynamics of Workers’ Compensation. Special guests: Mike Muma, Managing Director, Underwriting, Markel Specialty Small Commercial Justin Dorman, National Product Manager, Workers\' Compensation, Burns & Wilcox Hosted by: Chris Zoidis, Executive Vice President, H.W. Kaufman Group REGISTER NOW
The supply chain crisis is overwhelming companies on a global scale, causing industry giants like Amazon to turn to high-risk delivery methods like chartered ships and long-haul planes. And while that gives companies more control over the path of their own deliveries, it also opens them up to new forms of liability in the already volatile transportation industry. A recent…
Supply chain shortages linked to seaport backlogs, a lack of truck drivers and other constraints could mean toy stores are unable to keep up with holiday shopping demands this year, setting up business owners and consumers for a season that some say will be “unlike any other.” Although President Joe Biden told retailers Nov. 29 that the White House would…
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…
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…
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…
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In this webinar, our experts provided a forecast for 2022, including high-level market overviews and insights on Professional Liability, Personal and Commercial Insurance. https://vimeo.com/663112999/5d9974153e
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…
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,…
During this webinar, our experts met for a discussion on Management Liability and E&O as it relates to the risks associated with remote operations, labor shortages, and staffing companies. We discussed key coverage considerations and exclusions.
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…
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