Intel

A man in Twin Falls, Idaho, suffered debilitating injuries from a terrible accident earlier this year after jumping and attempting tricks on a trampoline with his son at a friend\'s backyard barbecue, KMVT reported in November. “The incident is a heartbreaking story,” said Jeremy Bright, Underwriter, Personal Insurance, Burns & Wilcox, Atlanta, Georgia. “In the insurance…

A pair of ruby slippers worn by Judy Garland in The Wizard of Oz recently became the most valuable movie memorabilia ever sold at auction, fetching $32.5 million in the Heritage Auctions sale that closed Dec. 7. The iconic shoes were sold alongside the hat worn by the Wicked Witch in the 1939 film; the hat sold for $2.9 million,…

The E&S market is transforming, and Residential Property risks are finding a new home in the non-admitted space. Watch the recording of “The E&S Evolution: Solutions for Residential Properties” to gain expert insights into the trends reshaping the industry. Learn strategies to: Secure tailored solutions Navigate challenges Elevate your client service Panelists: Heather Posner, Vice President, National Product Leader, Private…

The owner of an Airbnb in Ithaca, New York, is suing Cornell University and the vacation rental platform in a lawsuit that claims a group of international students who rented her home caused $200,000 in severe and \"bizarre\" damages during their eight-day stay. In the lawsuit, the owner alleges that the exchange students — reportedly “hand-picked” for a summer program…

Last quarter, we indicated the Property & Casualty (P&C) market had reached a relative level of equilibrium not seen in several years. We defined this as an environment where rates and capacity were relatively stable, and carriers could be profitable. The gradual and consistent shift in business from the admitted to the Excess & Surplus (E&S) market is a transformation…

In our latest P&C webinar, Pamela Alphabet, Associate Vice President, Regional Practice Group Leader, Personal Insurance, Burns & Wilcox, Scottsdale, Arizona, discussed what is driving the hard market and ways to secure coverage. https://vimeo.com/1020710933/6d578c97e7?share=copy Want more information? You can watch the entire webinar here.

While we are experiencing more stabilization, some hard sectors remain as carriers continue to revise their appetites. Watch our P&C webinar for insights into the current state of the market, what is expected for the rest of the year and what 2025 may hold. Highlights include: The increasing role of dynamic pricing in Personal Insurance Why some admitted carriers are…

A homeowner in Nebraska whose roof was damaged during a July windstorm said he is grateful no one was hurt but is surprised by the more than $7,000 he had to pay for the repairs. According to KETV Omaha, the man did not realize his Homeowners Insurance would not fully cover roof damage due to wind or hail, leaving him…

Modeling plays a significant role in the E&S Property market. In our latest webinar, Jonathan Mortimer, E&S Distribution Leader, Millennial Specialty Insurance, discusses modifiers that factor into assessing CAT Insurance risks. https://vimeo.com/1006982209/971816ec54?ts=0&share=copy

What does the future hold for the E&S Property Market? Chris Siegel, Associate Vice President, Managing Director, South Florida, Burns & Wilcox, Orlando, Florida, weighs in on anticipated CAT Insurance pricing and capacity changes. https://vimeo.com/1006987858/2678790cae?ts=0&share=copy

The 2024 wildfire season has already seen extreme activity. Nick Lauria, Chief Fire Operations Officer, Vice President of Operations, Wildfire Defense Systems, shares what is expected for the rest of the year. https://vimeo.com/1007062516/c3b1f66635?ts=0&share=copy

A jersey worn by Babe Ruth recently sold for more than $24 million and broke the record for the most expensive piece of sports memorabilia ever sold at auction, according to reports. The baseball legend wore the jersey on Oct. 1, 1923, when he made his famous \"called shot,\" pointing to a flagpole at center right field before hitting a…