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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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In this webinar, experts discuss the commercial and residential real estate market and professional liability risks and coverages. Featuring: Casimer Daniewski, Vice President, Real Estate, H.W. Kaufman Group Connor Cahill, Broker, Professional Liability, Burns & Wilcox. Hosted by David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox https://vimeo.com/738731729/a398bfd269
At least 37 individuals were tragically killed and hundreds more remained missing as of Aug. 1 after heavy rains brought devastating floods to multiple communities in eastern Kentucky. At a news conference July 30, officials said the death toll spanned five counties and included at least four children, representing \"unfathomable\" losses in what could reportedly be one of the worst…
Macroeconomic trends, namely inflation and rising interest rates, are having a profound effect on the Property & Casualty (P&C) market as we head into the second half of 2022. Inflation impacts everything—from rapidly changing property values to challenges with mid-year reinsurance renewals. These are truly generational inflationary pressures that most professionals within the industry have never personally experienced. Even with…
Wrongful termination allegations and shareholder lawsuits are among the numerous management liability risks companies may encounter. To learn more about these challenges and the corresponding insurance solutions, Crain’s Content Studio spoke with Marvin Cigarroa, Broker, Professional Liability, Burns & Wilcox, San Diego, California. What are some of the greatest management liability risks companies face today? M.C.: The management liability risks…
An 80-year-old Florida woman tragically died July 15 after falling into a pond and being “grabbed” by two alligators, according to reports. The incident occurred at the Boca Royale Golf and Country Club in Englewood, Florida, where the woman reportedly fell into a pond located along the course and struggled to stay afloat before the alligators attacked. [lgc_column grid=\"50\" tablet_grid=\"50\"…
Below we highlight the top 5 trending intel topics in July 2022. 1. Property & Casualty Overview & Outlook Commercial Property, Cyber Liability and Coastal Properties Watch as our experts discuss the Property & Casualty market as we begin the third quarter of 2022. This panel discussion included insights into…
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