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Massive Warehouse Fire Sends Debris Flying Leaving Clean-up Catastrophe

Massive Warehouse Fire Sends Debris Flying Leaving Clean-up Catastrophe

Authorities are continuing to investigate a massive warehouse fire March 4 in Clinton Township, Michigan, that caused “hundreds, if not thousands\" of explosions and sent debris flying more than a mile from the site. Metal debris that projected from the burning warehouse — which reportedly stored combustible materials associated with vaping — lead to one tragic death of a bystander…

Popular Chain Restaurant Facing Liquor Violations After Serving Customer 18 Shots Before Crash

Popular Chain Restaurant Facing Liquor Violations After Serving Customer 18 Shots Before Crash

The liquor license of a Kelseys Original Roadhouse franchise in Huntsville, Ontario, was recently suspended over allegations that staff overserved alcohol to a customer before a fatal car crash. On Feb. 14, the Alcohol and Gaming Commission of Ontario announced the 60-day suspension based on alleged liquor license violations stemming from a Nov. 4, 2022, incident in which a customer…

Stanley Cup Maker Sued for Failing to Disclose Lead in Tumblers

Stanley Cup Maker Sued for Failing to Disclose Lead in Tumblers

A lawsuit filed Feb. 1 against the makers of the highly sought-after Stanley insulated cup accuses the company of failing to disclose the presence of lead in its popular tumbler. The lawsuit, brought by consumers in California and filed as a potential class-action case, claims Stanley parent company Pacific Market International concealed their use of lead in the tumblers until…

Ask the Expert Q&A: Commercial Casualty Insurance

Ask the Expert Q&A: Commercial Casualty Insurance

In an increasingly litigious society, commercial business owners must be prepared for the possibility of a lawsuit at any time. To learn more about how Commercial Casualty Insurance can help protect companies against losses, Crain’s Content Studio spoke with Jordan​​​​ Muckway, Manager, Commercial Insurance, Burns & Wilcox, Dallas/Ft. Worth, Texas. How would you describe the Commercial Casualty Insurance market today?…

Alligator Attack Leads to Lawsuit Against Housing Complex

Alligator Attack Leads to Lawsuit Against Housing Complex

The family of an 85-year-old woman who was fatally attacked by an alligator while walking her dog in her Florida backyard has filed a lawsuit against the housing complex\'s owners. According to the Associated Press, the suit filed January 25 against Wynne Building Corp. alleges its employees were aware of the alligator at the Spanish Lakes senior housing complex and…

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…

Video: 2024 Commercial Insurance Highlight

Video: 2024 Commercial Insurance Highlight

During the P&C Market Outlook: Eye on 2024 Webinar on January 4, 2024, our own Blaise D\'Antoni joined us to provide an update on the Commercial Insurance market. Watch a highlight from the discussion below. https://vimeo.com/901640168/9d169dd209?share=copy

Trucking Job Growth May Signal Recovery; Long Road Ahead for Full Rebound

Trucking Job Growth May Signal Recovery; Long Road Ahead for Full Rebound

Jobs in truck transportation may be showing signs of a slow comeback, according to new data from the Bureau of Labor Statistics. The latest numbers, released Jan. 5, indicate that seasonally adjusted truck transportation jobs grew by 3,300 in December to a total of 1,586,300 jobs, FreightWaves recently reported. It is the second consecutive month of growth for trucking jobs.…

Video: 2024 Commercial Insurance Outlook

Video: 2024 Commercial Insurance Outlook

During the P&C Market Outlook: Eye on 2024 Webinar on January 4, 2024, our own Rebecca Roberts joined us to provide an update on the Commercial Insurance market. Watch a highlight from the discussion below. https://vimeo.com/901179484/c456917325?share=copy

Webinar: Property & Casualty Market Outlook – Eye on 2024

Webinar: Property & Casualty Market Outlook – Eye on 2024

During this webinar, our experts Blaise D’Antoni, Bill Gatewood, and Rebecca Roberts met to discuss the factors that will shape the 2024 Property and Casualty market. Paul Smith hosted. Key Takeaways: There is an overall broader sense of optimism in the 2024 commercial property market. It has improved but still has to overcome the significant CAT losses from previous years…

Ask the Expert Q&A: Excess Liability Insurance

Ask the Expert Q&A: Excess Liability Insurance

Not having enough insurance in the event of a lawsuit is a serious risk for any business. To learn more about the importance of Excess Liability Insurance, Crain’s Content Studio recently spoke with Joe Suda, Senior Director, Excess Casualty, Burns & Wilcox Excess Liability Facility, Detroit/Farmington Hills, Michigan. What are some of the greatest Excess Liability risks companies face today?…

Builders, Homeowners Strained as Construction Costs Continue to Rise

Builders, Homeowners Strained as Construction Costs Continue to Rise

Home building costs are continuing to rise in the U.S. and Canada. In San Jose, California, construction costs have reached record highs as builders deal with increased costs and high interest rates, Newsweek recently reported. Many would-be homeowners are priced out of the market, while some home builders have turned to designing smaller houses so more buyers can afford them.…

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