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Presented by: Bill Gatewood, Corporate Senior Vice President, National Practice Group Leader, Personal Insurance, Burns & Wilcox, and David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox During this webinar, we explored: The type of consumer information that has been compromised and how it is used for identity theft and fraud The Dark Web and…
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,…
Presented by: Heather Schaaf, Underwriting Director, Burns & Wilcox Hosted by: David Derigiotis, Corporate Senior Vice President, National Professional Liability Practice Leader, Burns & Wilcox During this webinar, we explored: State of Management Liability Risks Current events and their very real effect on market conditions, pricing capacity and various classes of business The biggest risks related to management liability https://vimeo.com/445334728/c5ceac2a96…
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…
Businesses around the world are experiencing the effects of the largest economic downturn since the 1940s. Some economists show the U.S. as having exited or nearly recovered from the recession that began in February, and Canada is showing signs of recovering from its deepest recession on record. Nevertheless, businesses continue to face numerous risks while shut down or operating at…
Close quarters, widespread shortages of protective gear and extremely vulnerable populations have led to high rates of COVID-19 infection at senior living facilities. Long-term care facility leaders face an uphill battle to keep residents safe, comply with new regulations and contend with potential or actual court battles related to COVID-19. Senior living facilities, home to 1.3 million individuals in the…
Cyberattacks have spiked dramatically since the COVID-19 crisis began, leading to what some are calling a “cybercrime pandemic” as hackers capitalize on vulnerabilities inherent in a newly remote workforce. The U.S. Federal Bureau of Investigation is receiving between 3,000 to 4,000 new internet crime complaints each day, compared to an average 1,000 daily before the pandemic. Phishing scams alone have…