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Rising Demand for Apartment Rentals Will Define Habitational Insurance Sector

Rising Demand for Apartment Rentals Will Define Habitational Insurance Sector

The U.S. is faced with an apartment shortage that is expected to get worse before it gets better. This is placing significant stress on the Habitational Insurance market with high demand for rental housing. According to the National Multifamily Housing Council and the National Apartment Association, the U.S. will need an additional 4.3 million apartments between now and 2035 to…

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…

Video: Habitational Insurance Market Outlook

Video: Habitational Insurance Market Outlook

During the Habitational Insurance Market webinar, our own Kevin Cuyler joined us to provide updates on the current state of the marketplace. Watch highlights from the discussion below. https://vimeo.com/915342304/25a6a4edd4?share=copy

Video: Challenges in the Habitational Insurance Market

Video: Challenges in the Habitational Insurance Market

During this webinar, our own Jake Miller joined us to discuss the current state of the Habitational Insurance Market. Watch highlights from the discussion below. https://vimeo.com/915340539/a1a0053495?share=copy

Video: Tips for Facing Habitational Market Challenges

Video: Tips for Facing Habitational Market Challenges

During our Habitational Insurance Market webinar, our own Nicholas Freeman joined us to provide tips for brokers and agents facing challenges in the marketplace. Watch a highlight from the discussion below. https://vimeo.com/915333303/d79c637867?share=copy

Webinar: Habitational Insurance Market

Webinar: Habitational Insurance Market

During this webinar, our experts met for a discussion on the current state of the Habitational insurance market. Watch as they explore current challenges and provide tips for brokers and agents on how to be successful in providing solutions for their clients. https://vimeo.com/914913271/243f209a8e?share=copy

Rooftop Fireworks Spark Apartment Fire, Leading Residents to Sue Owners

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…

70 Million ‘Liquid Roller’ Candy Products Recalled Over Choking Hazards

70 Million ‘Liquid Roller’ Candy Products Recalled Over Choking Hazards

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…

Baby Monitors, Dehumidifiers Recalled Over Burn Risks from Overheating Batteries

Baby Monitors, Dehumidifiers Recalled Over Burn Risks from Overheating Batteries

Philips Avent recently recalled nearly 13,000 baby monitors after receiving reports of the devices overheating, causing seven minor injuries. The affected Digital Video Baby Monitors, which were manufactured between March 2016 and December 2019 and sold for between $120 and $200, could have an issue with their rechargeable lithium-ion batteries. The batteries reportedly could overheat when…

THC-laden Doritos, Oreos, Other Lookalike Snacks Called ‘Reckless and Illegal’

THC-laden Doritos, Oreos, Other Lookalike Snacks Called ‘Reckless and Illegal’

Federal regulators in the U.S. are demanding that several cannabis companies stop making THC-containing products that mimic common children’s snacks like Doritos, Nerds candy, and Oreos. Making cannabis edibles that kids could mistake for normal food items is \"reckless and illegal,\" Samuel Levine, a Federal Trade Commission director, said in a July 5 statement announcing the cease-and-desist letters that were…

Risk of Injuries Forces Recall of 2.2 Million Peloton Bikes

Risk of Injuries Forces Recall of 2.2 Million Peloton Bikes

Peloton is recalling nearly 2.2 million exercise bikes after receiving 35 reports of seat posts unexpectedly breaking during use, the company announced on May 11. The voluntary recall can be remedied with a free updated seat post that users can self-install. Customers are asked to immediately stop using their affected bikes until the update is completed. [lgc_column grid=\"50\" tablet_grid=\"50\" mobile_grid=\"100\"…

U.S. Recalls Reach Record Highs in 2022, Food and Pharma Hit Hardest

U.S. Recalls Reach Record Highs in 2022, Food and Pharma Hit Hardest

A record number of products were recalled in the U.S. in 2022, according to new data from Sedgwick. Of the nearly 1.5 billion units recalled last year across all industries, the food and pharmaceutical sectors were most significantly affected, with both seeing recalls reach 10-year highs. The number of food units recalled in 2022 increased by…

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