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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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Our experts gathered for a discussion on the state of the energy insurance market, trends within the sector and the impact on specific products. During this webinar, we discuss: Specialty areas within the energy industry Market conditions and rate impact Challenges and solutions within the energy market https://vimeo.com/561535323/bc265100b4
The family of a husband and wife who both died after contracting COVID-19 at a nursing home last year is suing the facility, alleging that it lacked proper staffing, infection control policies and personal protective equipment. William and Martha Ames were both in their late 80s when they were diagnosed with the virus at the Villages of Orleans Health and…
The boating industry has boomed during the pandemic, creating opportunities — and also increasing risks — for those who own, operate, sell or repair watercrafts. To learn more about Recreational Marine Insurance, we spoke with Matt Bryant, Broker, Marine, Burns & Wilcox, Orlando, Florida. What are the greatest risks related to Recreational Marine today? M.B.: The term “Recreational Marine” applies to…
A historic home on Michigan’s famed Mackinac Island caught fire on May 30, leaving more than $1 million in damages to the 120-year-old cottage. No one was injured in the blaze, which was reportedly caused by a chimney failure that occurred about two hours after a fireplace was lit on the home’s first floor. Fire officials described the roof and…
Two workers narrowly avoided serious injuries after being thrown from horizontal metal beams at a construction site on the Boston University campus May 14. The accident happened when a steel column fell to the side, causing the adjacent beams to topple “like dominoes” and partially collapse the steel frame of what is slated to become a 13-story data sciences building…
Professional errors are a risk in any industry and can lead to severe financial loss. To learn more about the Errors and Omissions (E&O) Insurance, we spoke with Kenneth Labelle, Broker, Professional Liability, Burns & Wilcox Brokerage, Chicago, Illinois. What are the greatest risks related to Errors & Omissions? K.L.: There are hundreds of different classes of E&O business, from…
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