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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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Special guest: Michael Kehoe, CEO & President of Kinsale Capital Group Hosted by: Paul Smith, Vice President, Carrier Relations, H.W. Kaufman Group During this webinar, we discussed: An overview of Kinsale Capital Group The market going forward into the new year after this year\'s changes Best practices for a hard market. https://vimeo.com/489590996/f0c16b75c6
Apartment complex owners and property managers are operating in a competitive industry with shrinking profit margins and a hardening Habitational Insurance market. To learn more, we spoke with Barry Whitton, Managing Director, Burns & Wilcox Brokerage, Atlanta, Georgia. What are the greatest risks facing apartment complex owners and property managers? B.W.: Historically, the most common losses faced by this industry…
The family of a 70-year-old man who died of COVID-19 complications is suing his employer after he was allegedly prohibited from wearing a face mask at work. Gerardo Gutierrez was employed at a Publix grocery store in Miami Beach, Florida when he was infected with coronavirus in early April. At that time, Publix had mask-wearing restrictions in place for workers…
A brewery in Michigan recently opened several “craft beer shanties” where customers can be served outside while indoor dining is temporarily restricted statewide. The owner of Brass Ring Brewing in Alger Heights reportedly modeled the enclosed wooden structures after ice fishing shanties and said they can be reserved in 90-minute blocks by groups of four, as long as the guests…
By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group The Property & Casualty (P&C) insurance marketplace continued its momentum from the first half of 2020 into the third quarter showing no signs of retreat. The Burns & Wilcox Q2 2020 Property & Casualty Market Overview was packed with information on overall market conditions, new capacity, consolidation,…
Cybersecurity experts are warning consumers about a new scam that capitalizes on the pandemic forcing many seasonal gift shops and pop-up markets to go virtual this year. In a scam alert issued on November 13, the Better Business Bureau said cybercriminals are using copycat shopping event sites and social media pages to charge admission and steal credit card data. In…
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