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Coverage for Senior Living Facilities Thursday, October 8, 2020 at 1:30 PM ET Please join us for a discussion on Senior Living Facility coverage with Margaret Karnick, Senior Underwriter, Professional Liability, Burns & Wilcox, and Karl Olson, Vice President, Professional and Management Liability Practice Leader, Burns & Wilcox Brokerage. Hosted by David Derigiotis, Corporate Senior Vice President, National Professional Liability…
The Management Liability market continues to undergo significant transformations as products within the Directors and Officers Liability (D&O), Employment Practice Liabilities (EPL) and Fiduciary Liability (FL) areas are experiencing changes in coverage, limits and premiums that are impacting the broader market. The ongoing growth in settlements for many claims, particularly in such areas as harassment, discrimination, corporate mismanagement and regulatory…
In a lawsuit filed on August 11, the Barefoot Resort Residential Owners Association claimed experts found 13 construction defects in its $1.5 million beach cabana project. The North Myrtle Beach community’s homeowners association subsequently terminated contracts with the architect and general contractor, citing defects in design and construction that included the use of materials unsuitable for a coastal environment. Five…
Oil and gas production in the Gulf of Mexico was slowed significantly beginning on August 23, as a pair of tropical storms approached U.S. shores and forced the shutdown and evacuation of nearly 300 offshore platforms. Hurricane Laura, one of the most powerful storms to ever hit the U.S., made landfall on August 27, devastating the city of Lake Charles,…
https://vimeo.com/445334728/c5ceac2a96 Thursday, August 6, 2020 at 1:30 PM ET Join presenter Heather Schaaf, Underwriting Director, Burns & Wilcox, and host David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox, for a discussion on how to succeed in the hardening market of D&O and EPLI.
Michigan’s largest healthcare system recently announced a data breach that may have compromised 6,000 patients’ protected health information. The breach reportedly occurred after six employee email accounts were exposed in a phishing scam in January. The eight-hospital network with 167 outpatient locations, notified patients on July 28 of a “data security incident” that could have exposed patient names, dates of…
Nursing homes in some areas would be required to test staff and visitors for COVID-19 on a weekly basis under planned rules from the Trump administration. The testing requirement, announced July 22 as part of a set of initiatives aimed at further protecting nursing home residents from coronavirus, would apply to all nursing homes in states with a 5 percent…
Two patients are pursuing class-action status for their lawsuits against a Colonie, New York health care company and its accounting firm over a 2019 data breach that reportedly exposed the sensitive information of 170,000 patients. The lawsuits allege BST & Co. CPAs, the accounting firm for Community Care Physicians, experienced a ransomware attack in December 2019 and failed to disclose…
