Important: As wildfires continue to affect communities throughout Los Angeles County, we are here to help you and your clients. (Read More)
For those clients who own a business of any size, it is important to obtain the necessary coverage to protect against the wide variety of risks associated with commercial operations. From general to specialized coverage, Burns & Wilcox has unparalleled access to the broadest range of Commercial Insurance Coverage available.
We are able to get a quote to propose to the insured, usually within the same day. The commitment to our partnership is key and it shows.
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Modeling plays a significant role in the E&S Property market. In our latest webinar, Jonathan Mortimer, E&S Distribution Leader, Millennial Specialty Insurance, discusses modifiers that factor into assessing CAT Insurance risks. https://vimeo.com/1006982209/971816ec54?share=copy
It has been a devastating wildfire season across the western United States. Fast-moving blazes have forced thousands of people to evacuate, destroyed homes and scorched millions of acres of land. In other parts of the country, catastrophic flooding has ravaged homes, businesses, and infrastructure. Extreme heat, tornadoes and hurricanes also remain serious threats. In our Extreme Weather and CAT Insurance webinar,…
A boat fire spread through a marina on the Mohawk River in Alplaus, New York, after a docked pontoon boat ignited, Authorities are still investigating the cause of the Aug. 13 blaze, which destroyed several boats at the Mohawk Valley marina and damaged other vessels, News10 reported. “It is certainly an unfortunate situation,” said Michael Dearness Associate Manager, Ocean Marine,…
Communities from Florida to the Northeast are recovering from the effects of Hurricane Debby, which brought flooding rain and multiple tornadoes from Florida to the Northeast. Earlier this year, forecasts predicted an above average, or even record-breaking number of storms in 2024, due in part to unusually high ocean temperatures and the effects of La Niña, NBC News reported. For…
Whatcom County road in Lynden, Washington, was stained bright red the evening of July 10 when about 100 trays of raspberries from Enfield Farms spilled from a truck. An entire lane was blocked for nearly two hours while locals jumped in to help with the cleanup. Not only did state troopers cite the truck driver for…
The Construction industry has functioned in a tight market for the last several years, although rates have recently stabilized. Flat to modest rate increases are common outside of a consistent group of challenging sectors that offer tight capacity and double-digit rate increases. Despite this relatively tight environment, demand for Construction Insurance remains high. Money is being pumped into Midwestern U.S.…
The term “equilibrium” is increasingly being used within insurance circles to describe certain sectors moving toward a state of balance in terms of rates versus supply, terms and conditions. It suggests a growing opinion among industry leaders that Property and Casualty (P&C) is largely in a healthy place. This is true even after a decade-long period characterized by costly CAT…
Some businesses in Houston, Texas, were still struggling to get back up and running as of mid-July after Hurricane Beryl left many with prolonged power and internet outages, in addition to wind- and water-related property damage. Data from CoreLogic indicates that insured properties and businesses in Harris County could face between $210 million and $600 million in damages from the…