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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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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…
The recent wildfires and extreme weather trends are reshaping the Residential Property risk landscape, making it challenging to secure coverage. Understanding today’s evolving market is key to providing the best solutions for your clients. Watch our expert-led webinar, E&S Solutions for Residential Property Risks, now available on demand. Gain valuable insights on: Strategies for securing coverage in high-risk areas How…
Inside This Article: A woman reportedly suffered multiple infections after receiving injections of a filler at a medical spa in Philadelphia. More medical spas in the U.S. and Canada are offering increasingly complex procedures, potentially heightening the risk of a malpractice claim. When a medspa is sued, the facility’s Professional Liability Insurance can cover legal defense and indemnity payments.…
Inside This Article: Heavy rains were likely to blame for a third-floor balcony collapse in Los Angeles involving four individuals and a dog.  Balcony collapses are rare but can also happen when structural integrity is compromised due to age, poor construction or overloading. Such incidents at housing complexes can cause catastrophic injuries, potentially leading to lawsuits and significant repair…
Key Takeaways: The U.S. Hospitality Insurance market remains hard, with Liquor Liability coverage tightening across most states. Social media marketing can significantly impact a business\'s insurability. Liquor sales exceeding 50% of revenue make coverage harder to obtain, reinforcing the need for diversified income streams. Liquor Liability insurance is not a one-size-fits-all policy and must be customized to each business\'s…
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