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Holiday Party Risks: Companies Could Face Costly Lawsuits, Claims
As companies prepare to host gatherings for their employees this holiday season, there have been no shortage of reminders that these events can be fraught with unintended risks. Some of the greatest holiday party risks revolve around the possibility of harassment or discrimination against employees, especially when alcohol is involved. This can make company holiday parties
Rooftop Fireworks Spark Apartment Fire, Leading Residents to Sue Owners
Residents of an apartment complex in Atlanta, Georgia, that was severely damaged in a three-alarm fire on Nov. 10 have filed a class-action lawsuit against the building owners, claiming the owners failed to maintain the property’s fire suppression system and allowed access to the roof, where the fire began. The devastating blaze that destroyed most of the Reserve at LaVista
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Eye on 2024: P&C Market Outlook Thursday, January 4 at 1:30 PM ET Please join us for an outlook into the new year, including high-level market overviews and insights. Hosted by Paul Smith, Corporate Senior Vice President, H.W. Kaufman Group. Special Guests: Blaise D’Antoni, Executive Vice President, Eastern United States, Burns & Wilcox, New Orleans, LA Bill Gatewood, Corporate Senior…
A woman who fell off her bike and was injured while leaving her workplace at the University of California will be eligible for Workers Compensation but cannot sue her employer for negligence, an appeals court ruled. Based on the \"premises line\" rule, the employee was still engaged in the course of her employment when the accident occurred, as she was…
A bottle of the “world’s most valuable” whisky sold for $2.7 million at Sotheby’s on November 18. The Macallan Valerio Adami 1926 is one of just 40 bottles filled in 1986 after the liquor aged for six decades in sherry casks, making it the oldest Macallan vintage ever made, Forbes reported. Another version of the single-malt whisky, which Sotheby\'s classified…
The U.S. Coast Guard rescued four crew members after a 60-foot luxury yacht flooded and overturned off the North Carolina coast recently, forcing them to abandon ship in a life raft, according to reports. The captain of the vessel later sent his thanks to the Coast Guard and locals, who he said were “absolutely amazing” in the Oct. 21 helicopter…
Pharmacies in the state of Georgia can now legally sell certain cannabis products at their counters under a new law that went into effect Oct. 27. It is the first state in the U.S. to permit pharmacy sales of medical marijuana, which will be limited in Georgia to low-dose THC products like THC oil and capsules, CNN reported. [lgc_column grid=\"50\"…
Despite the continued “flight toward profitability” for most carriers, moderation in both rate and capacity is occurring in many insurance sectors. Most rates are rising, but the level of increases is slowing. Capacity is generally available but often requires creativity. On the Casualty side, some classes remain stressed while carriers are competing for business in others. These and other trends…
Other Recent Intel
During this webinar, our panel of experts explored the current Environmental industry challenges and provided tips for brokers and agents on how to be successful in providing solutions for their clients. Featured Experts: Gina Jones, Vice President, Director, Environmental Programs, Burns & Wilcox, Denver, CO Beth Linton, Vice President, Environmental Brokerage, Environmental Underwriting Solutions, A division of Burns & Wilcox,…
Increasing demand for aging services and a boom in medispas are among the changes currently happening in the ever-evolving healthcare industry. To learn more about industry risks and Healthcare Insurance solutions, we spoke with Lily Chetosky, Broker, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks in healthcare today? L.C.: There are a lot of…
The marketplace for private Flood Insurance has continued to grow in the months since a new flood-risk rating system went into effect for National Flood Insurance Program (NFIP) policies. A recent report from AM Best shows that 11 new private Flood Insurance carriers entered the market between 2021 and 2022, and a total of 151 new providers have started offering…
More than 70 million candy products that contain rolling liquid dispensers were recently recalled due to the risk of choking. The two products separately recalled — 145,800 Cocco Candy Rolling Candy dispensers and 70 million of the Candy Dynamics Slime Licker Sour Rolling Liquid Candy — contain a roller ball mechanism that dispenses liquid. According to the U.S. Consumer Product…
During this webinar, our experts gathered for an outlook into Q4, including high-level market overviews and insights. https://vimeo.com/873830823/a60f420cfa?share=copy
Medication errors, theft from residents, failure to treat pressure sores and other hazards are among the claims being made against a nursing home in Mount Pleasant, Iowa, as it faces $49,000 in possible fines for 20 state and federal violations. According to reports, the 62-bed Arbor Court nursing home has had repeated violations over the past 21 months, including 66…
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