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A faulty window reversal system on certain Tesla models has led to the recall of more than 1 million vehicles. The problem, discovered by the company during production testing in August, could make the power windows react incorrectly to obstructions and cause an individual\'s fingers to be pinched, the Associated Press reported. Affected vehicles include certain Model 3 and Model…
During this webinar, our special guest experts met for a discussion on major catastrophic events across North America, including hurricanes, storms, and wildfires. Featuring: Kate Wright, Associate Vice President, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Gulf Region Dave Torgerson, President, CEO & Founder, Wildfire Defense Systems, Bozeman, MT Brandon Orr, On-Air Meteorologist, WPLG Local 10 News, Miami, FL…
New legislation that goes into effect in Ohio on Sept. 23 will amend the state’s rules on Workers’ Compensation benefits to address injuries that occur while an individual is working from home. Signed into law in June, House Bill 447 adds exclusions and guidelines for injuries sustained by at-home employees, Property Casualty 360 recently reported. In…
A catastrophic claim could put any business at risk — and in today’s environment of social inflation driven by nuclear court verdicts, it is an existential threat to every business that cannot be overlooked. To learn more about Excess Casualty Insurance, Crain’s Content Studio spoke with David Eudy, Associate Vice President, Director, Excess Casualty, Burns & Wilcox, Detroit/Farmington Hills, Michigan.…
Two daughters of the late Paul Newman have filed a lawsuit against their father’s nonprofit organization, claiming that the Newman’s Own Foundation has “lost its way” since their father’s death and is not preserving and honoring his legacy, CNN Business recently reported. Filed in Connecticut by sisters Susan and Nell Newman, the suit alleges breach of fiduciary duty by the…
Owning a home or purchasing a commercial building is no longer as affordable as it once was, which is one of the overriding trends impacting the real estate insurance market. While it has been tight the first half of 2022, rising interest rates may slow the overheated real estate sector a bit, further stabilizing it at a macro level. It…
A new report based on a survey of health care providers found that an alarming number of physicians have used alcohol or controlled substances while on the job. The survey, conducted by All Points North, revealed that 1 in 7 physicians admitted to consuming alcohol or using other controlled substances at work during the last three months, with more than…
A mint-condition Mickey Mantle baseball card from 1952 sold at auction Aug. 28 for $12.6 million, making it the most valuable sports collectible in the world, CNN recently reported. According to a news release from Heritage Auctions, the exceptionally well-preserved card was last purchased in 1991 for $50,000, a price that broke records at the time. The new eight-figure sale…
