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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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While 2020 presented its challenges, the Casualty Insurance marketplace was changing long before. In 2021, Marc Adler, Burns & Wilcox Brokerage, expects the market to continue to evolve, with Excess, Habitational and Hospitality industries leading the way with the most radical changes. Watch the full Eye on 2021: Specialty Insurance webinar here. https://vimeo.com/503591536/76d488c20b
A mammoth sinkhole opened up in the visitors’ parking lot at Hospital of the Sea in Naples, Italy on January 8, consuming three cars and forcing the temporary closure of a nearby residence for recovering COVID-19 patients. Though the sinkhole measured a whopping 66 feet deep and 21,527 square feet across, no injuries were reported and six patients were relocated…
In the Personal Insurance marketplace, a key focus in 2021 will be handling catastrophic events like hurricanes and wildfires. In addition, there will be an emphasis on profitability as well as a flight to quality business and underwriting. As Bill Gatewood states, “Organizations focused on quality will thrive in this marketplace.” Watch the full Eye on 2021: Personal Insurance Overview here: https://vimeo.com/500516782/e6be292b4e
This webinar includes a high-level overview of market conditions and expert insight on: Personal Insurance Professional Liability Commercial Insurance Casualty Brokerage Property Brokerage Carrier Perspective Featuring: Blaise D’Antoni, Executive Vice President, Burns & Wilcox, David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox, Bill Gatewood, Corporate Senior Vice President, National Personal Insurance Practice Leader, Burns…
At least 45 businesses were damaged in the Christmas Day bombing in Nashville, Tennessee that decimated a block of downtown buildings. Local police and the Federal Bureau of Investigation (FBI) are still investigating why a 63-year-old Nashville area information technology consultant set off the explosion in his RV, killing himself and causing widespread destruction. The bomb was detonated near an…
Design errors, technology failures and pandemic-related project delays are just some of the potential liability exposures faced by architects, engineers and contractors. To learn more about Architects & Engineers Insurance, we spoke with Michael Muglia, National Underwriting Director, Professional Liability, Burns & Wilcox, Detroit/Farmington Hills, Michigan. What are some of the greatest risks currently faced by architects and engineers? M.M.:…
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