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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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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…
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…
An autographed Tom Brady rookie card was purchased at auction on eBay for $555,988 January 25, one day after the NFL’s Tampa Bay Buccaneers quarterback helped his team secure a spot in Super Bowl LV. The rare 2000 card was rated PSA Gem Mint 10—virtually perfect—condition1 and depicts Brady the year he was drafted by the New England Patriots. It…
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