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Biometric Data Use Expands: How to Protect Consumer Privacy, Prevent Lawsuits

Biometric Data Use Expands: How to Protect Consumer Privacy, Prevent Lawsuits

More companies in the U.S. and Canada are incorporating the use of biometric data into their operations, raising unease for some consumers, and prompting a number of class-action lawsuits over information that may be collected improperly. Airports are among the latest industries to join the trend, with CBC News recently reporting on airlines like Air Canada and various airports implementing…

Ask the Expert Q&A: Errors & Omissions Insurance

Ask the Expert Q&A: Errors & Omissions Insurance

When an error is made by a real estate agent, accountant, consultant or other professional, the financial loss incurred by their client can be substantial. To learn how Errors & Omissions (E&O) Insurance can help protect professionals, we spoke with Erica​​​​ Rangel, Manager, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks today as it…

Engineer Under Fire After 7-Story Building Collapses During Construction Work

Engineer Under Fire After 7-Story Building Collapses During Construction Work

The engineer allegedly responsible for a partial building collapse in the Bronx in December has had their license suspended for two years by the city of New York and faces a $10,000 fine, according to reports. No one was injured but dozens of families lost their homes after the collapse of the seven-story apartment building, part of which was under…

P&C Report: 2024 Forecast

P&C Report: 2024 Forecast

Many of the primary factors that influenced the status of the Property & Casualty (P&C) market in 2023 are likely to remain in 2024. We continue to operate in a comparatively hard environment marked by rising but moderating rates on some lines of business, where it is often necessary to layer available capacity that includes carefully worded terms and conditions…

Holiday Party Risks: Companies Could Face Costly Lawsuits, Claims

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…

Property & Casualty Report: Q3/Q4 2023

Property & Casualty Report: Q3/Q4 2023

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…

Building Owner’s Lawsuit Blames Engineering Firm for Deadly Collapse

Building Owner’s Lawsuit Blames Engineering Firm for Deadly Collapse

The owner of a 116-year-old building that partially collapsed earlier this year is taking legal action against the engineering company that allegedly failed to recognize that the building was unsafe, according to reports. The apartment building in Davenport, Iowa, partially collapsed on May 28, tragically killing three men and injuring several others, including one woman who needed a leg amputation…

Ask the Expert Q&A: Management Liability

Ask the Expert Q&A: Management Liability

Running a company can result in a number of liability exposures, from employment matters to financial decisions. To learn more about management liability and the types of insurance that can address it, we spoke with Melissa​​​​ Martin, Broker, Professional Liability, Burns & Wilcox, Los Angeles, California. What are some of the greatest risks today when it comes to management liability?…

Costly Omissions: Dog Bite Claim Denied After Agent Fails to Disclose Pet

Costly Omissions: Dog Bite Claim Denied After Agent Fails to Disclose Pet

A homeowner in Connecticut is facing a dog bite claim that will not be covered by insurance after his agent allegedly failed to disclose the dog on his Homeowners Insurance application. Antonio Laires, who is being sued over an incident in which his dog reportedly bit a woman on her face, claims he did not realize that his pet was…

Property & Casualty Report: Q2/Q3 2023

Property & Casualty Report: Q2/Q3 2023

The title of this quarter’s overview and forecast could easily be: “Profitability Matters.” That is especially true in the Property space for both Personal and Commercial policies. The industry faces daily challenges from CAT storms and events, making every state subject to immediate loss from hurricanes, wildfires, and convective storms—defined as severe local storms associated with wind, thunder, lightning, heavy…

High-Profile Personal Injury Attorney Sues Accountant Over Alleged Tax Error

High-Profile Personal Injury Attorney Sues Accountant Over Alleged Tax Error

A well-known personal injury attorney in Colorado recently filed a malpractice lawsuit against his former accountant, claiming that tax preparation errors on a 2017 return led to severe underpayment to the IRS. The attorney, Frank Azar, is accusing Louisiana accountant Timothy McKey of mistakes that led to Azar underpaying his federal taxes by $716,000 and incurring $170,000 in legal expenses…

Ask the Expert Q&A: Architects & Engineers Insurance

Ask the Expert Q&A: Architects & Engineers Insurance

In an increasingly litigious society, architects and engineers are among the professionals who face a consistent risk of being sued over alleged errors and other claims. To learn more about the importance of Architects & Engineers Insurance, Crain’s Content Studio spoke with Matt Baxter, Vice President, Broker, Professional Liability, Burns & Wilcox Brokerage. What are the greatest risks facing architects…

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