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Energy Insurance Market Overview: Insuring Oil, Gas & Renewables
06.29.22
While the Energy insurance industry remains in a hard market, much has changed in the last 12 months. Buoyed by the war in Ukraine, the price of oil has risen from $70 to well over $110 as of June 27, global oil production and consumption has climbed to pre-pandemic levels, and rig activity is up […]
Intel
Energy Update: Insuring Oil, Gas and Renewables
06.24.22
During this webinar, we were joined by industry experts for a discussion on the Energy market in the U.S. and Canada. They provided insights into oil, gas, renewables, and the impacts of current events.
Intel
Self-Serve and Swim-Up Pool Bars Make a Splash this Summer
06.22.22
Hotels, resorts and water parks in Michigan could soon be serving guests at “swim-up” pool bars thanks to new bills recently signed into law by Governor Gretchen Whitmer. The legislation, approved June 14, applies to establishments that already have a liquor license and requires them to have lifeguards on duty and adhere to specific guidelines […]
Intel
Upcoming Webinars
06.20.22
Energy Update: Insuring Oil, Gas and Renewables Thursday, June 23 at 1:30 PM ET Join us for a discussion on the Energy market in the U.S. and Canada. Our experts will provide insights into oil, gas, renewables, and the impacts of current events. Featured Experts: Alex Krcmarik, Senior Broker, Environmental, Burns & Wilcox, Denver, CO […]
Intel
Hot Dog Filler, ‘Mysterious’ Red Liquid Spill Onto Highway in Recent Trucking Accidents
06.15.22
About 15,000 pounds of hot dog filler spilled onto the highway near Pittsburgh, Pennsylvania, May 20 when the driver of a semitractor-trailer lost control of the vehicle and crashed onto the shoulder. The tractor-trailer hit several trees and overturned, leaving the driver and a passenger with minor injuries and a portion of Interstate 70 covered […]
Intel
Airbnb Restarts ‘Anti-Party Crackdown’ Amid Busy Season for Home, Pool Rentals
06.08.22
Strict “anti-party” measures were recently rolled out by Airbnb in an effort to reduce unauthorized parties at vacation rental homes during the summer holidays. The efforts include restrictions on one- and two-night reservations and having guests affirm that they understand the party ban and could face legal action if they do not comply, CNN reported. […]
Intel
Burns & Wilcox Supports Collegiate Golfers Bailey Davis and Austin Greaser for U.S. Women’s Open and U.S. Open
06.02.22
Farmington Hills, Mich. (June 2, 2022) – Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage and underwriting, today announced its Name, Image and Likeness (NIL) sponsorship of two collegiate golfers – University of Tennessee’s Bailey Davis and University of North Carolina’s Austin Greaser. Burns & Wilcox is supporting both amateur athletes as they compete against […]
Newsroom
Multiple Accidents Bring Boston Construction Projects to a Halt
06.01.22
Two separate construction accidents in Boston recently caused a stoppage on projects by the region’s largest construction company. According to reports, Suffolk Construction halted work at multiple job sites on May 6 in order to “reinforce safety awareness” after multiple workers were hurt when a former power plant under construction collapsed May 4, followed by […]
Intel
Burns & Wilcox to Offer Loadsure’s AI-powered Insurance Coverage to Brokers Across Canada
05.26.22
3rd Party News
Warhol Painting Sells for Record-Setting $195M Amid Growing Interest in High-Value Art
05.25.22
A famous portrait of Marilyn Monroe painted in 1964 by Andy Warhol recently sold at auction for over $195 million, setting records for the most expensive piece of 20th century art ever sold and the highest amount paid for a piece of American artwork. The May 9 sale of the vibrant silkscreen, titled “Shot Sage […]
Intel
Two Outer Banks Homes Collapse Into Ocean on Same Day
05.18.22
Two unoccupied homes in the Outer Banks collapsed into the ocean on May 10, with dramatic video footage showing one of the houses get rapidly swept away after the wooden stilts holding it up broke apart. The other home collapsed only hours earlier, spreading debris across a wide path and leading officials to close area […]
Intel
Millions of Honeybees Killed in Delta Shipping Disaster
05.11.22
Millions of honeybees tragically died on a hot airport tarmac in Atlanta after a series of mistakes that occurred while the bees were being shipped from California to Alaska. According to reports, the 800-pound shipment of bees could not be accommodated on its original Delta Air Lines flight due to an aircraft change that rerouted […]
Intel
Burns & Wilcox Brand Ambassador Max Homa Wins Fourth PGA Tour Title at Wells Fargo Championship
05.10.22
Homa secures second win at this tournament and with Team Burns & Wilcox Farmington Hills, Mich. (May 10, 2022) – Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage and underwriting, today is recognizing Max Homa – one of its brand ambassadors – on winning the Wells Fargo Championship this past weekend in Potomac, Maryland. […]
Newsroom
Cannabis Lounges Bring New Risks to Fast-Moving Industry
05.04.22
In a growing number of communities around the U.S., new cannabis lounges are offering a social setting where guests can openly use marijuana products. Colorado and New Mexico both saw their first cannabis lounges open in April, Michigan’s first marijuana lounge is set to open this summer, and officials in Nevada are currently discussing how […]
Intel
Property & Casualty Report: Q1 2022 Market Overview & Q2 Forecast
05.03.22
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 […]
Intel