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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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Key Takeaways: Commercial Auto remains challenging, with combined ratios above 100% and 55 consecutive quarters of rate increases keeping underwriting tight. Capacity is available but selective. Complete submissions, strong safety culture, and telematics can meaningfully improve pricing and options. Loss severity continues to rise due to inflation, nuclear verdicts, repair costs, supply-chain delays, and growing EV exposures. Enforcement of English-language proficiency rules intensified in 2025, worsening…
Gene’ Cain, Broker, Transportation, Burns & Wilcox, Brokerage Division, Atlanta, Georgia, breaks down why Commercial Auto rates continue climbing after 55 consecutive quarters, highlighting severity trends, supply chain delays, and emerging risks tied to electric vehicles. This insight from our recent Transportation webinar offers a clear look at the factors driving Physical Damage and Liability losses. https://vimeo.com/1145667389/a029430501?fl=ip&fe=ec
Renee Jones, Underwriter, Transportation, Burns & Wilcox, Dallas/Ft. Worth, Texas, highlights how proactive loss mitigation—rooted in a strong safety culture—can meaningfully influence premium. In this clip from our recent Transportation webinar, she explains how telematics, driver-facing cameras, and consistent loss control practices help reduce frequency and severity while improving pricing options. https://vimeo.com/1145669562/66ef496443?fl=ip&fe=ec
In this clip from our recent Transportation & Garage Insurance webinar, Liza Zarate, Underwriter, Transportation, Burns & Wilcox, San Antonio, Texas, highlights how stricter enforcement of English proficiency regulations is impacting the trucking industry—and where brokers and agents can still find opportunity. https://vimeo.com/1145736966/afee42d510?fl=ip&fe=ec
Inside This Article: Nearly 1 million bottles of Kirkland Signature prosecco were recently recalled due to bottles breaking or shattering, including one reported injury. The large-scale beverage recall follows other recent food and drink recalls involving metal contamination and allergen risks. Product Recall Insurance and Product Liability Insurance can help companies pay for costly recall logistics and injury-related expenses. Additional safeguards such as Business Interruption…
Inside This Article: A Superman #1 comic book discovered in an attic recently sold for more than $9 million. Fine art sales have also broken new records in recent weeks, including a Gustav Klimt painting and a Frida Kahlo self-portrait. High-value collectibles require special insurance coverage under a Personal Articles Floater, as Homeowners Insurance policies would not typically have…
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