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Hurricane-Force Winds Flip 45 Semi-Trucks in 20 Minutes
In a span of just 20 minutes on September 8, wind gusts of nearly 100 miles per hour flipped 45 semi-trucks on some Northern Utah highways. Four drivers were hospitalized with injuries and one semi-truck driver suffered a fatal head injury when the wind blew open his cargo door during a delivery and knocked him to the ground. Authorities said
Management Liability Market Overview
The Management Liability market continues to undergo significant transformations as products within the Directors and Officers Liability (D&O), Employment Practice Liabilities (EPL) and Fiduciary Liability (FL) areas are experiencing changes in coverage, limits and premiums that are impacting the broader market. The ongoing growth in settlements for many claims, particularly in such areas as harassment, discrimination, corporate mismanagement and regulatory
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In a lawsuit filed on August 11, the Barefoot Resort Residential Owners Association claimed experts found 13 construction defects in its $1.5 million beach cabana project. The North Myrtle Beach community’s homeowners association subsequently terminated contracts with the architect and general contractor, citing defects in design and construction that included the use of materials unsuitable for a coastal environment. Five…
Oil and gas production in the Gulf of Mexico was slowed significantly beginning on August 23, as a pair of tropical storms approached U.S. shores and forced the shutdown and evacuation of nearly 300 offshore platforms. Hurricane Laura, one of the most powerful storms to ever hit the U.S., made landfall on August 27, devastating the city of Lake Charles,…
Personal Cyber Protection: Improve Your Clients\' Digital Wellbeing Thursday, September 3, 2020 at 1:30 PM ET Join presenters Bill Gatewood and David Derigiotis for a discussion on the latest cyber threats targeting homeowners and available resources to better secure their personal information online. REGISTER NOW ________________________________________________________________________________________________________________________ Habitational Insurance Thursday, September 17, 2020 at 1:30 PM ET Please join us for a…
As parents across the U.S. and Canada grapple with their children’s return to school amid a pandemic, “learning pods” have emerged as a potential solution to meeting kids’ academic and social needs while minimizing contact with large groups. Two mothers in Delaware County, Ohio recently launched Web Student Services, LLC, a learning pod startup that pairs certified teachers with limited…
This year has brought unprecedented challenges as the world copes with the COVID-19 pandemic; however, 2020 has also been a record-breaking year for extreme weather events: devastating wildfires, an especially active hurricane season, blackout-inducing heatwaves, a historic spate of tornadoes, a “firenado” and a 500-year flood. The U.S. recently hit its 10th billion-dollar weather disaster of the year earlier than ever before and the hurricane season is on pace to…
According to the U.S. Federal Emergency Management Agency (FEMA), a single inch of water in a home can cause $25,000 in flood damage; nevertheless, many homeowners remain uninsured. Brad Turner, National Product Manager, Flood, Burns & Wilcox, Morehead City, North Carolina, explains the widespread need for Flood Insurance and how it helps protect homeowners. What are the biggest flood-related risks…
A Georgia high school that made headlines for its packed hallways and unmasked students announced Aug. 9 that it would close for at least two days after it identified nine cases of COVID-19. Six students and three staff members tested positive for the virus after the first week of in-person instruction at the school, one of the first to reopen…
BY PAUL SMITH, CORPORATE VICE PRESIDENT, CARRIER RELATIONS, H.W. KAUFMAN GROUP The Property & Casualty (P&C) Insurance marketplace in Q2 2020 will find its way into the history books as having been the most rapid changing in a generation. Leading up to April 1, 2020 was an unprecedented global event that was unravelling by the minute having commenced only a…
https://vimeo.com/445334728/c5ceac2a96 Thursday, August 6, 2020 at 1:30 PM ET Join presenter Heather Schaaf, Underwriting Director, Burns & Wilcox, and host David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox, for a discussion on how to succeed in the hardening market of D&O and EPLI. REGISTER NOW
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