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Ask the Expert Q&A: Healthcare Insurance
Healthcare professionals and facilities operate with significant risks, particularly during a pandemic. To learn more about evolving coverage needs and available options in Healthcare/Medical Facilities Insurance, we spoke with Karl Olson, Vice President, Professional & Management Liability Practice Leader, Burns & Wilcox Brokerage, San Francisco, California. What are the greatest risks currently faced by healthcare systems and providers? K.O.: The
Mammoth Sinkhole Forces Hospital to Relocate COVID Patients
A mammoth sinkhole opened up in the visitors’ parking lot at Hospital of the Sea in Naples, Italy on January 8, consuming three cars and forcing the temporary closure of a nearby residence for recovering COVID-19 patients. Though the sinkhole measured a whopping 66 feet deep and 21,527 square feet across, no injuries were reported and six patients were relocated
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Carrier Q&A with Richard Schmitzer from James River Thursday, February 11, 2021 at 1:30 PM ET Please join us for a discussion with Richard Schmitzer, President and CEO, James River Insurance Company. Hosted by Paul Smith, Vice President, Carrier Relations, H.W. Kaufman Group. REGISTER NOW
The Hawaii Department of Health issued a Notice and Finding of Violation and Order on January 7 against a contractor responsible for a sewage spill that sent 28,000 gallons of untreated domestic sewage into Reed’s Bay, just off the coast of the Big Island. The leak occurred on November 30, when workers for Maui-based Goodfellow Bros., LLC, a general contractor…
This webinar includes a high-level overview of market conditions and expert insight on: Personal Insurance Professional Liability Commercial Insurance Casualty Brokerage Property Brokerage Carrier Perspective Featuring: Blaise D’Antoni, Executive Vice President, Burns & Wilcox, David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox, Bill Gatewood, Corporate Senior Vice President, National Personal Insurance Practice Leader, Burns…
At least 45 businesses were damaged in the Christmas Day bombing in Nashville, Tennessee that decimated a block of downtown buildings. Local police and the Federal Bureau of Investigation (FBI) are still investigating why a 63-year-old Nashville area information technology consultant set off the explosion in his RV, killing himself and causing widespread destruction. The bomb was detonated near an…
By Crain’s Content Studio The coronavirus pandemic has rendered 2020 one of the most tumultuous years in modern history. A record-breaking hurricane season, civil unrest, digital insecurities and more have added to the risks faced by businesses and individuals over the past 12 months. Take a look back at some of 2020’s most significant headlines from the U.S. and Canada…
The family of a 70-year-old man who died of COVID-19 complications is suing his employer after he was allegedly prohibited from wearing a face mask at work. Gerardo Gutierrez was employed at a Publix grocery store in Miami Beach, Florida when he was infected with coronavirus in early April. At that time, Publix had mask-wearing restrictions in place for workers…
Other Recent Intel
While 2020 presented its challenges, the Casualty Insurance marketplace was changing long before. In 2021, Marc Adler, Burns & Wilcox Brokerage, expects the market to continue to evolve, with Excess, Habitational and Hospitality industries leading the way with the most radical changes. Watch the full Eye on 2021: Specialty Insurance webinar here. https://vimeo.com/503591536/76d488c20b
In the Personal Insurance marketplace, a key focus in 2021 will be handling catastrophic events like hurricanes and wildfires. In addition, there will be an emphasis on profitability as well as a flight to quality business and underwriting. As Bill Gatewood states, “Organizations focused on quality will thrive in this marketplace.” Watch the full Eye on 2021: Personal Insurance Overview here: https://vimeo.com/500516782/e6be292b4e
Special guest: Michael Kehoe, CEO & President of Kinsale Capital Group Hosted by: Paul Smith, Vice President, Carrier Relations, H.W. Kaufman Group During this webinar, we discussed: An overview of Kinsale Capital Group The market going forward into the new year after this year\'s changes Best practices for a hard market. https://vimeo.com/489590996/f0c16b75c6
Apartment complex owners and property managers are operating in a competitive industry with shrinking profit margins and a hardening Habitational Insurance market. To learn more, we spoke with Barry Whitton, Managing Director, Burns & Wilcox Brokerage, Atlanta, Georgia. What are the greatest risks facing apartment complex owners and property managers? B.W.: Historically, the most common losses faced by this industry…
A brewery in Michigan recently opened several “craft beer shanties” where customers can be served outside while indoor dining is temporarily restricted statewide. The owner of Brass Ring Brewing in Alger Heights reportedly modeled the enclosed wooden structures after ice fishing shanties and said they can be reserved in 90-minute blocks by groups of four, as long as the guests…
By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group The Property & Casualty (P&C) insurance marketplace continued its momentum from the first half of 2020 into the third quarter showing no signs of retreat. The Burns & Wilcox Q2 2020 Property & Casualty Market Overview was packed with information on overall market conditions, new capacity, consolidation,…
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