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Stolen Skeleton Unearths Halloween Insurance Risks
Inside This Article: A Halloween lawn decoration depicting a skeleton riding a rooster was recently stolen from a homeowner’s yard in Henderson, Kentucky. Beyond the risk of theft, seasonal decorations can also pose fire hazards, with home fires involving decorations causing about $17 million per year in property damage between 2019 and 2023. Homeowners Insurance can cover theft, fire
$16M Verdict Follows Mechanical Bull Injury at Bar
Inside This Article: A couple was recently awarded $16 million after suing a Kansas City bar where the man allegedly fell from a mechanical bull. Before the trial, the couple sought $8 million to settle the case, while the defendants offered $2.2 million, according to Missouri Lawyers Media. Commercial General Liability (CGL) Insurance can cover customer injury claims; however,
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Two amusement park visitors were taken to the hospital on June 13 after a ride malfunction at Six Flags Great Adventure in Jackson Township, New Jersey. The incident happened on the Saw Mill Log Flume ride when one of its boats nearly tipped over after making a four-story descent into the water. The 18- and 22-year-old riders who were hurt…
Our experts gathered for a discussion on the state of the energy insurance market, trends within the sector and the impact on specific products. During this webinar, we discuss: Specialty areas within the energy industry Market conditions and rate impact Challenges and solutions within the energy market https://vimeo.com/561535323/bc265100b4
The family of a husband and wife who both died after contracting COVID-19 at a nursing home last year is suing the facility, alleging that it lacked proper staffing, infection control policies and personal protective equipment. William and Martha Ames were both in their late 80s when they were diagnosed with the virus at the Villages of Orleans Health and…
The boating industry has boomed during the pandemic, creating opportunities — and also increasing risks — for those who own, operate, sell or repair watercrafts. To learn more about Recreational Marine Insurance, we spoke with Matt Bryant, Broker, Marine, Burns & Wilcox, Orlando, Florida. What are the greatest risks related to Recreational Marine today? M.B.: The term “Recreational Marine” applies to…
A historic home on Michigan’s famed Mackinac Island caught fire on May 30, leaving more than $1 million in damages to the 120-year-old cottage. No one was injured in the blaze, which was reportedly caused by a chimney failure that occurred about two hours after a fireplace was lit on the home’s first floor. Fire officials described the roof and…
Two workers narrowly avoided serious injuries after being thrown from horizontal metal beams at a construction site on the Boston University campus May 14. The accident happened when a steel column fell to the side, causing the adjacent beams to topple “like dominoes” and partially collapse the steel frame of what is slated to become a 13-story data sciences building…
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