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Stolen Skeleton Unearths Halloween Insurance Risks
Inside This Article: A Halloween lawn decoration depicting a skeleton riding a rooster was recently stolen from a homeowner’s yard in Henderson, Kentucky. Beyond the risk of theft, seasonal decorations can also pose fire hazards, with home fires involving decorations causing about $17 million per year in property damage between 2019 and 2023. Homeowners Insurance can cover theft, fire
$16M Verdict Follows Mechanical Bull Injury at Bar
Inside This Article: A couple was recently awarded $16 million after suing a Kansas City bar where the man allegedly fell from a mechanical bull. Before the trial, the couple sought $8 million to settle the case, while the defendants offered $2.2 million, according to Missouri Lawyers Media. Commercial General Liability (CGL) Insurance can cover customer injury claims; however,
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Hotels, resorts and water parks in Michigan could soon be serving guests at “swim-up” pool bars thanks to new bills recently signed into law by Governor Gretchen Whitmer. The legislation, approved June 14, applies to establishments that already have a liquor license and requires them to have lifeguards on duty and adhere to specific guidelines on drink containers, building materials,…
About 15,000 pounds of hot dog filler spilled onto the highway near Pittsburgh, Pennsylvania, May 20 when the driver of a semitractor-trailer lost control of the vehicle and crashed onto the shoulder. The tractor-trailer hit several trees and overturned, leaving the driver and a passenger with minor injuries and a portion of Interstate 70 covered in the pink slime. According…
Design errors & omissions and evolving technology are among the most pressing challenges faced by today’s architects, engineers, general contractors, and other design professionals. To learn more about their need for Architects & Engineers Insurance, we spoke with Tameka Livatino, Underwriting Director, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks facing architects and engineers…
Strict “anti-party” measures were recently rolled out by Airbnb in an effort to reduce unauthorized parties at vacation rental homes during the summer holidays. The efforts include restrictions on one- and two-night reservations and having guests affirm that they understand the party ban and could face legal action if they do not comply, CNN reported. First…
The U.S. Flood insurance market is being completely revamped with the launch of the National Flood Insurance Program’s (NFIP) risk rating 2.0, which applies risk modeling technology to evaluate exposure. Simultaneously the market is challenged by double-digit inflationary percentage increases, and the adverse impact of climate change leading to warmer ocean temperatures and more severe catastrophic storms. Against this backdrop…
Two separate construction accidents in Boston recently caused a stoppage on projects by the region’s largest construction company. According to reports, Suffolk Construction halted work at multiple job sites on May 6 in order to “reinforce safety awareness” after multiple workers were hurt when a former power plant under construction collapsed May 4, followed by an accident at another job…
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