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In-Store Theft is Rising for Many Retailers, with More Expected Over the Holidays, Survey Says


Theft is a growing concern for many small business owners, according to recent data from the U.S. Chamber of Commerce. In a survey of small retailers, 56% reported experiencing theft from their stores in the past year, and half of the respondents said the issue is getting worse, the association reported. About 53% of small […]


Neighbors Sue in New York, Claiming Construction Work ‘Compromised Integrity of Their Apartments


Residents of a New York City apartment building are claiming in a lawsuit that construction on a neighboring office building caused their property to sink almost an inch into the ground, leading to cracks and separation in multiple apartment units and forcing some residents to move out, Commercial Observer recently reported. Filed in New York […]


Burns & Wilcox Adds Brandon McCarty as New Regional Personal Insurance Practice Group Leader


Farmington Hills, Mich. (November 16, 2022) Burns & Wilcox, a globally recognized leader inwholesaleinsurance brokerageand underwriting, announced today the addition of Brandon McCarty as Regional Personal Insurance Practice Group Leader. In his new role, McCarty is responsible for developing and expanding the companys portfolio of personal insurance products throughout the Midwest and Canada. His […]


Employees Sue Twitter, Saying Mass Layoff Came Without Enough Notice


A class-action lawsuit recently filed against Twitter Inc. alleges the company did not give employees the legally required notice before laying off 50% of its workforce. The mass layoff affected about 3,700 jobs and came days after Elon Musk acquired the company for $44 billion and began implementing various overhauls. This is not the first […]


H.W. Kaufman Group Promotes 16 Associates Across United States


Farmington Hills, Mich. (November 14, 2022) H.W. Kaufman Group, a privately held global insurance organization, today publicly announced promotions for 16 associates throughout the United States. These promotions come following the companys annual Kaufman Leadership Meeting where managers and leaders from its family of companies gather to celebrate their accomplishments, discuss the past year, […]





Post-Hurricane Assessments Reveal Importance of Florida Building Code Updates


Updated building codes in Florida may have made the difference between damage and total destruction for some properties hit by Hurricane Ian. A post-storm aerial photo of a section of Fort Myers Beach shows one intact home surrounded by 18 homes that were leveled, Insurance Journal reported. The difference, experts say, could be that the […]


Property & Casualty Report: Forward Outlook


The fourth quarter began very different than how the majority of the summer months had transpired from a Natural CAT perspective; as Hurricane Ian used the final few days of Q3 to take aim at Floridas densely populated gulf coast. Despite mandatory evacuations, fairly accurate forecasting of its path and the usual several days to […]


Ask the Expert Q&A: Cyber & Privacy Liability Insurance


Data breaches remain a serious threat for businesses across all sizes and industries. To learn more about how Cyber & Privacy Liability Insurance can help companies address this risk, Crains Content Studio spoke with Ryan Ascenzo, Senior Broker, Professional Liability, Burns & Wilcox Brokerage, New York, New York. What are some of the greatest cybersecurity […]


Carbon Monoxide Leaks Evacuate Apartments, Sicken Daycare and School Children


Dozens of students from Clemson University in South Carolina were evacuated from an off-campus apartment complex on Oct. 25 due to a carbon monoxide leak that left some residents seeking medical attention for headaches and nausea after possible exposure to the gas. The leak, which may have originated in a main floor retail space where […]


Insuring the Upside Down: New Stranger Things Airbnb Will Have Extra Risks


Vecna, take note: The Byers family home will soon have new occupants. A home in Fayetteville, Georgia, that was used in the filming of the hit sci-fi horror series Stranger Things was recently listed for sale for $300,000. It was then taken off the market just one week later after an offer was reportedly accepted […]