Intel
Featured
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,
In the News
Trending
Other Recent Intel
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.:…
By Crain’s Content Studio The coronavirus pandemic has rendered 2020 one of the most tumultuous years in modern history. A record-breaking hurricane season, civil unrest, digital insecurities and more have added to the risks faced by businesses and individuals over the past 12 months. Take a look back at some of 2020’s most significant…
Powered by 