Intel

The Property & Casualty (P&C) market is in a hard market. Typically, the Environmental Insurance sector operates in the reverse of P&C markets—and that is what we are seeing now. Environmental Insurance is in a soft market. Key Takeaways: Environmental Insurance market remains soft, terms expected to tighten. Rates expected to increase by 3-5 percent in 2024. Burns & Wilcox…

During this webinar, our panel of experts explored the current Environmental industry challenges and provided tips for brokers and agents on how to be successful in providing solutions for their clients. Featured Experts: Gina Jones, Vice President, Director, Environmental Programs, Burns & Wilcox, Denver, CO Beth Linton, Vice President, Environmental Brokerage, Environmental Underwriting Solutions, A division of Burns & Wilcox,…

During this webinar, our experts met for a discussion on the state of the Hospitality Insurance market and the residual effects of the COVID-19 pandemic, the resurgence of business, and tips for agents and brokers. Featured Experts: Bonnie Steen, Vice President, Managing Director, Burns & Wilcox, New Orleans, LA Barry Whitton, Managing Director, Broker, Property, Burns & Wilcox Brokerage, Atlanta,…

As we enter the long-awaited season of Spring which conjures up thoughts of new beginnings, I draw parallels to the Excess & Surplus (E&S) Insurance industry. Several years of disciplined underwriting, including increased rates, adjusted limit deployment, and careful tweaking of policy language, coupled with a tamping of COVID-19 restrictions is resulting in this renewed sense of optimism. Carriers are…

Our experts met for a discussion on Commercial Property, including the current trends impacting the property market across the U.S. and Canada. https://vimeo.com/580897816/ad93c6b121

The Commercial Property Insurance market in the U.S. and Canada is continuing to experience tightening of capacity and rising premiums, although rates are not increasing at the rate of Summer/Fall 2020, according to a group of industry experts with Burns & Wilcox. This means brokers need to provide all the documents necessary for renewal or new policies to ensure they…

By Paul G. Smith, Corporate Senior Vice President, Carrier Relations, H.W. Kaufman Group As the world begins to emerge from the COVID-19 pandemic, it is abundantly clear, the “new normal” will reshape all of our organizations. One of our many goals is to keep you updated on the rapidly evolving insurance marketplace where adjustments have arguably never been more fluid.…

Fire, water intrusion, and on-site accidents are among the common perils threatening commercial properties on a regular basis. To learn more about Commercial Property Insurance, Crain’s Content Studio spoke with Tyson Peel, Vice President and Director, Property & Casualty, Burns & Wilcox Canada, Toronto, Ontario. What are the greatest risks for commercial property owners today? T.P.: Fire damage, water damage,…