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Key Takeaways: Artificial intelligence (AI) tools offer new diagnosis and treatment possibilities, but safeguards must be in place for clinical judgment to override AI systems. Data privacy concerns are growing for healthcare providers and may be amplified by the increased use of AI-powered ambient listening technology. Medspa services carry risks related to licensing, supervision, and sexual misconduct claims. GLP-1…
Inside This Article: Crave Better Foods, parent company of the Chipwich ice cream sandwich brand, is suing its insurance broker for failing to secure Product Recall Insurance, which the company claims could have offset $4.5 million in losses tied to a 2024 listeria-related recall. The lawsuit alleges professional negligence and misrepresentation, claiming the insurance broker did not reassess insurance…
As AI tools become more common in clinical settings, underwriting expectations are evolving. In this short clip from our Healthcare Liability webinar, special guest Deb Goldberg, Head of Allied Healthcare, AXIS Capital, highlights what brokers and agents should look for when clients use AI for clinical decision-making or documentation. https://vimeo.com/1090532165/f42faf8ca9?share=copy
From classrooms to clinics, AI is transforming healthcare. In this short clip from our recent Healthcare Liability webinar, Caileb Newby, Broker, Professional Liability, Burns & Wilcox Brokerage, San Francisco, CA, shares how the technology is enhancing both medical training and clinical decision-making. https://vimeo.com/1087198820/5b13535910?share=copy
The medspa industry is booming—but so are the risks. In this clip from our Healthcare Liability webinar, Chris Valenzuela, Broker, Professional Liability, Burns & Wilcox, Los Angeles, CA, breaks down emerging concerns around injectables, patient expectations, and why informed consent is more critical than ever. https://vimeo.com/1086525183/306f9b93a2?share=copy
From evolving treatments to increased litigation and data privacy concerns, the risks facing healthcare professionals are more complex than ever. Watch the below webinar as our guest experts discuss key trends, challenges, and opportunities in the Healthcare Liability Insurance market. Featured Experts: Caileb Newby, Broker, Professional Liability, Burns & Wilcox Brokerage, San Francisco, CA Chris Valenzuela, Broker, Professional Liability, Burns…
Key Takeaways: Rates are beginning to stabilize or even decline in some non-CAT areas. Market capacity remains healthy, particularly in non-admitted spaces, although often through layered placements, which are becoming more common. Carriers are increasing reliance on exclusions and higher deductibles to manage risk. Wildfire and convective storm risks are driving significant change in both Personal and Commercial Insurance.…
Allied healthcare professionals face unique risks that can lead to costly claims, even when accidents happen unexpectedly. In this short video, Rahmad Bauldrick, Associate Vice President, Regional Practice Group Leader, Professional, Burns & Wilcox, Chicago, IL, unpacks a real-world exposure scenario and explains how the right liability coverage keeps professionals protected. https://vimeo.com/1074770733/ea53757dc4?share=copy