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Self-Serve and Swim-Up Pool Bars Make a Splash this Summer
Hotels, resorts and water parks in Michigan could soon be serving guests at “swim-up” pool bars thanks to new bills recently signed into law by Governor Gretchen Whitmer. The legislation, approved June 14, applies to establishments that already have a liquor license and requires them to have lifeguards on duty and adhere to specific guidelines on drink containers, building materials,
Hot Dog Filler, ‘Mysterious’ Red Liquid Spill Onto Highway in Recent Trucking Accidents
About 15,000 pounds of hot dog filler spilled onto the highway near Pittsburgh, Pennsylvania, May 20 when the driver of a semitractor-trailer lost control of the vehicle and crashed onto the shoulder. The tractor-trailer hit several trees and overturned, leaving the driver and a passenger with minor injuries and a portion of Interstate 70 covered in the pink slime. According
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Two separate construction accidents in Boston recently caused a stoppage on projects by the region’s largest construction company. According to reports, Suffolk Construction halted work at multiple job sites on May 6 in order to “reinforce safety awareness” after multiple workers were hurt when a former power plant under construction collapsed May 4, followed by an accident at another job…
Strict “anti-party” measures were recently rolled out by Airbnb in an effort to reduce unauthorized parties at vacation rental homes during the summer holidays. The efforts include restrictions on one- and two-night reservations and having guests affirm that they understand the party ban and could face legal action if they do not comply, CNN reported. [lgc_column grid=\"50\" tablet_grid=\"50\" mobile_grid=\"100\" last=\"false\"]First…
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…
Two unoccupied homes in the Outer Banks collapsed into the ocean on May 10, with dramatic video footage showing one of the houses get rapidly swept away after the wooden stilts holding it up broke apart. The other home collapsed only hours earlier, spreading debris across a wide path and leading officials to close area beaches due to the risk…
Millions of honeybees tragically died on a hot airport tarmac in Atlanta after a series of mistakes that occurred while the bees were being shipped from California to Alaska. According to reports, the 800-pound shipment of bees could not be accommodated on its original Delta Air Lines flight due to an aircraft change that rerouted the bees to Atlanta, where…
Other Recent Intel
Below we highlight the top 5 trending intel topics in June 2022. 1. Flood Insurance Flood Modeling & Insurance Perspectives The U.S. Flood insurance market is being completely revamped with the launch of the National Flood Insurance Program’s (NFIP) risk rating 2.0, which applies risk modeling technology to evaluate exposure. Simultaneously the market is challenged by double-digit inflationary percentage…
Design errors & omissions and evolving technology are among the most pressing challenges faced by today’s architects, engineers, general contractors, and other design professionals. To learn more about their need for Architects & Engineers Insurance, we spoke with Tameka Livatino, Underwriting Director, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks facing architects and engineers…
The U.S. Flood insurance market is being completely revamped with the launch of the National Flood Insurance Program’s (NFIP) risk rating 2.0, which applies risk modeling technology to evaluate exposure. Simultaneously the market is challenged by double-digit inflationary percentage increases, and the adverse impact of climate change leading to warmer ocean temperatures and more severe catastrophic storms. Against this backdrop…
During this webinar, Burns & Wilcox Brokerage experts met for a discussion on the state of the construction market, including commentary on primary, excess and NY construction markets. We also discussed current challenges and available specialty solutions, as well as what is needed for a quality submission. https://vimeo.com/714499485/39061997cf
In this webinar, Guy Morrow joined Mathew Stollery from Argo Syndicate 1200, Lloyd’s, and Burns & Wilcox experts Brad Turner and Sarah Chandonnet to discuss the current and future state of the Flood Insurance Market. Morrow’s firm, KatRisk, is a leader in global catastrophe modeling. Together the panelists discussed flood risk modeling and predictions, NFIP’s Risk Rating 2.0, private flood solutions and tips for brokers and…
As more businesses begin investing in cryptocurrency and accept it as a form of payment, a rapidly growing insurance market has emerged to address the myriad of risks associated with the digital currency. To learn more about cryptocurrency-related risks and insurance coverages, Crain’s Content Studio spoke with David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns &…
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