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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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Technology is transforming Transportation Insurance. In this clip from the Burns & Wilcox Transportation Webinar, Monica Cantu, Underwriting Director, Burns & Wilcox, San Antonio, TX, explains how AI, telematics, and evolving trends like driver shortages and claims inflation are reshaping risk assessment and pricing. https://vimeo.com/1027742680/957e53e892?share=copy
A potential La Niña event could soon bring wetter weather to parts of the northern U.S. and Canada, the Associated Press recently reported, which goes hand-in-hand with risks for potentially dangerous and costly slip-and-fall incidents. The National Oceanic and Atmospheric Administration’s Climate Prediction Center indicated that there was a 60% chance that a weak La Niña…
The trucking industry is navigating a complex landscape, from jurisdictional challenges to rising operational costs. In our latest webinar, experts from our Transportation Practice Group explored the most pressing issues facing Transportation Insurance today. Watch now to gain valuable insights into coverage, pricing, and claims, along with practical tips for brokers and agents to stay ahead of industry changes and…
The owner of an Airbnb in Ithaca, New York, is suing Cornell University and the vacation rental platform in a lawsuit that claims a group of international students who rented her home caused $200,000 in severe and \"bizarre\" damages during their eight-day stay. In the lawsuit, the owner alleges that the exchange students — reportedly “hand-picked” for a summer program…
Last quarter, we indicated the Property & Casualty (P&C) market had reached a relative level of equilibrium not seen in several years. We defined this as an environment where rates and capacity were relatively stable, and carriers could be profitable. The gradual and consistent shift in business from the admitted to the Excess & Surplus (E&S) market is a transformation…
A three-generation family in Brooklyn, New York, was recently evacuated from their home after city officials determined the building next door was unstable and would need to be demolished. The homeowner, Yvonne Belardo, was notified by firefighters on Sept. 5 that her three-story Bushwick home was at risk because of a construction error at a building site two doors down,…
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