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2 Cranes Fall from Building, Raising Insurance Concerns
Inside This Article: Two “spyder” cranes came crashing down onto a scaffolding outside a 12-story building that was under construction. No injuries were reported related to the incident, which occurred just a day after a partial stop-work order at the site was rescinded. This type of incident could lead to reputational damage as well as costly lawsuits, which can

$26M Lawsuit Highlights the Steep Risk of Design Delays for Architects
Inside This Article Architecture firm Cooper Carry is being sued by the owner of a Hilton hotel project for delays that reportedly led to $26 million in additional costs. When facing litigation, architects may incur significant defense costs and rectification expenses, in addition to reputational damage. Lawsuits against design professionals can be covered by Architects & Engineers Professional Liability
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Inside This Article: Recently released government emails show the massive scale of a December leak from a gas station’s underground storage tank, with an estimated 100,000 liters of diesel fuel released into the environment. Groundwater contamination impacted surrounding properties including a Tim Hortons cafe, where customers said they could smell fuel in the bathrooms and even taste it in…

Inside This Article: Hailstorms are a growing threat in the U.S. and Canada, causing more frequent and severe losses for homeowners. One record-breaking hailstorm in Calgary generated 130,000 claims and nearly $2.8 billion in losses. Property damage caused by hail can be covered by Homeowners Insurance, but separate wind and hail deductibles typically apply. Percentage-based deductibles and roof settlement…

Inside This Article: A woman reportedly suffered multiple infections after receiving injections of a filler at a medical spa in Philadelphia. More medical spas in the U.S. and Canada are offering increasingly complex procedures, potentially heightening the risk of a malpractice claim. When a medspa is sued, the facility’s Professional Liability Insurance can cover legal defense and indemnity payments.…

Inside This Article: Heavy rains were likely to blame for a third-floor balcony collapse in Los Angeles involving four individuals and a dog. Balcony collapses are rare but can also happen when structural integrity is compromised due to age, poor construction or overloading. Such incidents at housing complexes can cause catastrophic injuries, potentially leading to lawsuits and significant repair…

Inside This Article: A $125,000 Bobcat skid steer was stolen from a plumbing and general construction business in Detroit leaving a “heartbreaking” loss for the small business. Construction thefts are on the rise and may be more likely to occur when equipment is left unattended at jobsites overnight. Insurance policies that can help construction companies recover from theft include…

INSIDE THIS ARTICLE: A couple sued a restaurant chain in Texas, claiming injury and mental anguish after a glass window shattered into their booth. Failure to properly maintain the 50-plus-year-old windows factored into $4 million in damages awarded by jury. Increasing litigiousness highlights risks of inadequate Commercial General Liability (CGL) Insurance for businesses. Ramifications of such suits can include…
Other Recent Intel

A heartbreaking accident in Twin Falls, Idaho, left a father paralyzed after attempting tricks on a backyard trampoline during a friend’s barbecue, KMVT reported. The devastating incident is a reminder of how quickly everyday moments can turn tragic—and the liability risks homeowners may face when someone is seriously injured on their property. “The incident is a…

Key Takeaways Insured losses from severe weather in Canada reached a record $8.5 billion in 2024. As catastrophic (CAT) losses continue to rise, a hardening Homeowners Insurance market is becoming increasingly likely in high-risk areas with stricter underwriting, higher deductibles and rates, and more exclusions. More homeowners are seeking specialty insurance, especially for high-risk properties, those with prior claims,…

The Property & Casualty (P&C) insurance landscape is evolving, shaped by shifting market conditions, emerging risks, and changing carrier appetites. Watch the Burns & Wilcox P&C Market Outlook Q2 2025 webinar replay to gain valuable insights from industry leaders on the latest trends across the Commercial, Personal, and Professional Liability Insurance markets, including: Strategies for brokers and agents to succeed…

Key Takeaways: Canada\'s Hospitality Insurance market is softening, but high-liquor-revenue establishments still face placement challenges. Social media marketing can significantly impact a business\'s insurability. Liquor sales exceeding 50% of revenue make coverage harder to obtain, reinforcing the need for diversified income streams. Liquor Liability insurance is not a one-size-fits-all policy and must be customized to each business\'s unique circumstances,…

Inside This Article Water damage is Canada\'s leading cause of home insurance claims, accounting for about half of all claims. Preventative measures like insulating pipes, maintaining indoor heat, and installing automatic water shutoff devices can help reduce the risk of costly damage. Homeowners should review their insurance policies and consult an experienced broker to understand coverage limitations and avoid…

Lisa Campbell, Associate Manager, Halifax, Atlantic Division, Burns & Wilcox, Halifax, NS, discusses the softening of Canada’s Hospitality Insurance market, leading to increased competition. However, coverage challenges remain in certain high-risk areas. Watch now for expert insights. https://vimeo.com/1056903385/b9710935b6?share=copy For additional intel, watch the full Hospital Insurance webinar recording here.
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