Intel
Featured
Company Fined Over $234,000 After Worker’s ‘Preventable’ Injury in Water Test Pit
Xylem Inc. was recently fined $234,054 by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) after a 2020 incident in which a worker was hurt while lowering himself into a water test pit. The injury reportedly took place at the water technology company’s location in Pewaukee, Wisconsin when a guardrail loosened as the worker entered the almost
Trucking Industry Imperiled by Spike in ‘Nuclear Verdicts’
Jury awards that exceed $10 million, also known as “nuclear verdicts,” are on the rise in the trucking industry and could make it more difficult for transportation companies to stay in business, CNBC recently reported. According to a 2020 report from the American Transportation Research Institute, the average U.S. trucking industry lawsuit verdict increased 967% between 2010 to 2018, soaring
In the News
Trending
Carrier Q&A with Accredited America Tuesday, May 11, 2021 at 1:30 PM ET Please join us for a discussion with Patrick Rastiello, President and CEO, Accredited America. Hosted by Paul Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group. REGISTER NOW Changing Conditions Impacting the Specialty Healthcare Insurance Market Thursday, May 20, 2021 at 1:30 PM ET Join our…
By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group Following the release of our Burns & Wilcox Property & Casualty Market Overview and Forecast: Eye on 2021 report last quarter the already challenged Commercial and Personal insurance marketplace was greeted with yet another extraordinary event—Winter Storm Uri (February 13-17). The widespread impact resulted in over 170…
Wastewater disposal, site cleanup and complete closure of a former phosphate mining facility in Manatee County, Florida could cost up to $200 million, said Florida state officials this week as they debated the allocation of funding to begin the cleanup process. Piney Point, which opened as a fertilizer plant in 1966 and was abandoned in 2001, has been a source…
The U.S. cannabis industry could exceed $45 billion in annual sales by 2025, according to a recent projection published in the 2021 Marijuana Business Factbook. That could mean double the sales of $22 to $26.4 billion projected for recreational and medical cannabis this year. Marijuana markets are growing rapidly in the U.S. and Canada, with the Factbook reporting 100 percent…
One of the White House’s two canine residents was involved in a biting incident on March 29: the Bidens’ German Shepherd, Major, reportedly nipped at a National Park Service employee during a walk on the White House South Lawn. The employee was assessed by the White House medical unit and returned to work without injury. The incident has dominated national…
The MV Ever Given, a massive cargo ship that gained notoriety for running aground amid high winds on March 23 and completely blocking the Suez Canal, was finally freed on March 29. Salvage and dredging crews labored for days before successfully re-floating the vessel, aided by a full moon and high tide. The nearly quarter-mile-long ship was reportedly carrying 20,000…
Other Recent Intel
https://vimeo.com/540831013/68bf089ea1
Watch as our experts as they explore the challenges within the Transportation market and what’s driving current market conditions. During this webinar, we discuss: The pandemic’s impact and how the industry is recovering The use of data and technology solutions Changing risk appetites https://vimeo.com/540672001/1c3eb82e39
After being hit with large Catastrophic Property losses at the beginning of 2021, and an active storm season approaching, Commercial Insurance expert Bonnie Steen provides insight on what to expect in Q2. Watch the full Eye on Q2: Commercial Property Insurance Overview below. https://vimeo.com/540349151/8672ca514d
Looking ahead into 2021, the Flood Insurance Market should anticipate multiple changes. According to Brad Turner, “The Private Flood market should have the opportunity to compete across a lot of segments it wasn’t able to before, under the new NFIP Rating 2.0, because the market will have a greater understanding of pricing and awareness of exposure.” Watch the full Eye on Q2:…
Construction-related risks and Construction Insurance solutions were among the topics addressed in a webinar hosted by Burns & Wilcox and Burns & Wilcox Brokerage. As construction activity picks up across the U.S. and Canada after a challenging 2020, general contractors and other professionals in the industry are navigating changes in the Construction Insurance marketplace. In fact, construction is one of…
Watch as our experts provide an outlook into the second quarter of 2021. We also review the year so far and how the biggest news stories impacted the insurance industry. During this webinar, we discuss: Flood Cyber Healthcare Commercial Property https://vimeo.com/534601820/0a594f3e59
Powered by 