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140-MPH Tornado Strikes Before Warning, Exposing Costly Coverage Gaps
Inside This Article: An EF3 tornado with estimated 140-mile-per-hour winds reached Wisconsin communities before a tornado warning could be issued and caused extensive damage to buildings and utilities, news outlets reported. Severe storms accounted for eight of the 12 billion-dollar weather and climate disasters recorded in the U.S. during the first half of 2026, according to Climate Central. Today’s Homeowners Insurance policies increasingly
Claude AI Models Breach 3 Organizations During Testing
Inside This Article: Claude AI models recently gained unauthorized access to three outside organizations’ systems during cybersecurity evaluations, according to Anthropic. Anthropic uncovered the incidents during a review of 141,006 evaluation runs and said two affected organizations had not detected the breach before being notified. Cyber & Privacy Liability Insurance and Technology Errors & Omissions (E&O) Insurance may respond to losses involving
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A consulting firm will pay $1.75 million to settle claims of breach of contract and professional negligence related to the design and construction of a large, lined pond that was part of a $13 million water treatment plant. The Community Services District of Cambria, California sued the firm, CDM Smith, in 2018, claiming the pond required repairs, redesign and modifications…
The winter storm that knocked out power for millions amid frigid temperatures and spawned a rash of water-related disasters is expected to be the costliest weather event in Texas history. More than a week after the storm began on February 11, a third of Texas residents continued to experience power service disruptions, millions lacked ready access to safe water, and…
During this webinar, we discuss: The evolution of cyber solutions to address today\'s threat landscape Risk management strategies for improving insurability and cost Future expectations of the cyber market https://vimeo.com/513999844/760f3796ed
Collapsed roofs, caved-in foundations and broken windows are evidence of the destruction caused by bitterly cold temperatures and powerful winter storms that have hammered the U.S. and parts of Canada1 in recent weeks. As of February 17, 2.7 million Texans are still without power from a severe storm system spanning 25 states that began on February 13. The storm has…
Burns & Wilcox met for a discussion with Richard Schmitzer, President & CEO of James River Insurance Company. Hosted by Paul Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group. During this webinar, we discussed: James River Insurance Company\'s journey and vision moving forward Market conditions and industry consolidation How to attract talent to the industry https://vimeo.com/511305885/25477a85eb
The online and app-based stock trading broker Robinhood is facing at least 34 class-action lawsuits over its decision to prevent purchases of shares in GameStop and several other so-called “meme stocks” like AMC Entertainment and BlackBerry at the end of last month. The temporary halt on purchasing certain stocks came after amateur traders stunned Wall Street with a coordinated effort…
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