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High-Value Homes at Risk: E&S Coverage Steps Up Amid Wildfire Threats
Inside This Article: Major insurers are withdrawing from parts of Nevada and other regions due to growing wildfire risks, leaving many homeowners without coverage. State-backed “last-resort” insurance programs like California’s FAIR Plan offer limited protection for high-value homes. A new Atain-backed High-Value Homeowners Insurance program offered exclusively by Burns & Wilcox is designed specifically for catastrophe-exposed areas. Experts urge
Severe Storm Tears Through Warehouse Roof, Disrupts Operations
Inside This Article: Severe thunderstorms swept through the Dallas-Fort Worth Metroplex late last month, killing one individual and causing significant property damage. A Walmart distribution center in Sanger, Texas, sustained a partial roof collapse, and semitrucks and RVs were flipped during the storms. Storm-related damage to commercial properties such as warehouses can be covered by Commercial Property Insurance. Business
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The Property & Casualty (P&C) insurance landscape is evolving, shaped by shifting market conditions, emerging risks, and changing carrier appetites. Watch the Burns & Wilcox P&C Market Outlook Q2 2025 webinar replay to gain valuable insights from industry leaders on the latest trends across the Commercial, Personal, and Professional Liability Insurance markets, including: Strategies for brokers and agents to succeed…
Inside This Article: Recently released government emails show the massive scale of a December leak from a gas station’s underground storage tank, with an estimated 100,000 liters of diesel fuel released into the environment. Groundwater contamination impacted surrounding properties including a Tim Hortons cafe, where customers said they could smell fuel in the bathrooms and even taste it in…
Inside This Article: Hailstorms are a growing threat in the U.S. and Canada, causing more frequent and severe losses for homeowners. One record-breaking hailstorm in Calgary generated 130,000 claims and nearly $2.8 billion in losses. Property damage caused by hail can be covered by Homeowners Insurance, but separate wind and hail deductibles typically apply. Percentage-based deductibles and roof settlement…
Discover key insights into California\'s challenging Homeowners Insurance market. In this clip from the Burns & Wilcox Residential Property Webinar, Ian Hanson, Associate Vice President, Underwriting Director, Personal Insurance, Burns & Wilcox, San Francisco, CA, breaks down market shifts, wildfire impacts, and how brokers can navigate the growing need for E&S solutions. Watch now > https://vimeo.com/1069249409/5487ba7d09?ts=0&share=copy What more Residential Property…
Convective storms are causing major shifts in the homeowners insurance market. In this clip from the Burns & Wilcox Residential Property Webinar, Kate Wright, Associate Vice President, Senior Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Indianapolis, IN, discusses the increasing impact of severe weather, rising insurance costs, and the movement toward E&S solutions for hard-to-place risks. Watch now…
The more details shared, the better the solution. In this clip from the Burns & Wilcox Residential Property Webinar, Berri Willis, Associate Vice President, Managing Director, Burns & Wilcox, Morehead City, NC, explains how providing key client information—such as price sensitivity and priorities—enables brokers to secure the most competitive coverage for hard-to-place homes. Watch now > https://vimeo.com/1069244579/9f93056f09?ts=0&share=copy Want more insights…
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