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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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An increasing number of homeowners are renting out their backyard pools to earn extra cash, the Wall Street Journal recently reported. At least 13,000 pool owners in the U.S. have signed up to rent out their pools by the hour through Swimply, an online platform that launched in 2020, while others are offering their swimming pools for rent on a…
A variety of Neutrogena and Aveeno sunscreen sprays are being recalled by Johnson & Johnson after trace amounts of benzene, a known carcinogen, were found in samples of the products. The voluntary recall announced July 14 affects five sunscreens that were distributed nationwide and packaged in aerosol cans. The company and the FDA are now investigating how the chemical might…
By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group As the world begins to emerge from the COVID-19 pandemic, it is abundantly clear, the “new normal” will reshape all of our organizations. One of our many goals is to keep you updated on the rapidly evolving insurance marketplace where adjustments have arguably never been more fluid.…
Our experts met for an outlook into the third quarter of 2021. We also review 2021 so far and how the biggest news stories impacted the insurance industry. https://vimeo.com/575545938/38a245c57f
https://vimeo.com/577221730/408b0fd2b7
https://vimeo.com/577225474/2aec83b85a
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