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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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As companies prepare to host gatherings for their employees this holiday season, there have been no shortage of reminders that these events can be fraught with unintended risks. Some of the greatest holiday party risks revolve around the possibility of harassment or discrimination against employees, especially when alcohol is involved. This can make company holiday parties…
During this webinar, our panel of experts explored the current Environmental industry challenges and provided tips for brokers and agents on how to be successful in providing solutions for their clients. Featured Experts: Beth Linton, Vice President, Environmental Brokerage, Environmental Underwriting Solutions, A division of Burns & Wilcox, Atlanta, GA Karim Jaroudi, Manager, Environmental, Burns & Wilcox Canada, Toronto, ON…
Residents of an apartment complex in Atlanta, Georgia, that was severely damaged in a three-alarm fire on Nov. 10 have filed a class-action lawsuit against the building owners, claiming the owners failed to maintain the property’s fire suppression system and allowed access to the roof, where the fire began. The devastating blaze that destroyed most of the Reserve at LaVista…
A woman who fell off her bike and was injured while leaving her workplace at the University of California will be eligible for Workers Compensation but cannot sue her employer for negligence, an appeals court ruled. Based on the \"premises line\" rule, the employee was still engaged in the course of her employment when the accident occurred, as she was…
Increasing demand for aging services and a boom in medispas are among the changes currently happening in the ever-evolving healthcare industry. To learn more about industry risks and Healthcare Insurance solutions, we spoke with Lily Chetosky, Broker, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks in healthcare today? L.C.: There are a lot of…
A bottle of the “world’s most valuable” whisky sold for $2.7 million at Sotheby’s on November 18. The Macallan Valerio Adami 1926 is one of just 40 bottles filled in 1986 after the liquor aged for six decades in sherry casks, making it the oldest Macallan vintage ever made, Forbes reported. Another version of the single-malt whisky, which Sotheby\'s classified…
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