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Century-Old Clubhouse Destroyed by Fire Faces Complex Rebuild
Inside This Article: A fire recently destroyed the historic Lochmoor Country Club clubhouse in Grosse Pointe Woods, Michigan. Historic properties may require specialized Commercial Property Insurance with Historical Replacement Cost to reproduce original materials, designs, and craftsmanship after a loss. Business Interruption Coverage and Extra Expense Coverage can help companies recoup lost revenue and maintain payroll during restoration. Updates
$25.6 Billion in Nuclear Verdicts Raises Stakes for Businesses
Inside This Article: “Nuclear” verdicts increased 40.7% in 2025, reaching their highest annual total since 2009, according to Marathon Strategies. The nearly 200 verdicts of at least $10 million in 2025 totaled approximately $25.6 billion. Claims that have previously stayed within primary insurance limits are increasingly reaching Excess Liability Insurance layers. Business owners are encouraged to closely review policy
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Personal Insurance solutions for affluent and high-net-worth clients often require evaluating more than the property itself. In this clip from our recent High-Value Solutions webinar, Albert Reed, Manager, Personal Insurance, Senior Underwriter, Personal Insurance, Burns & Wilcox, San Francisco, California, discusses the importance of assessing the individual behind the risk when building comprehensive coverage solutions. https://vimeo.com/1194400162/1191ac75f8?share=copy&fl=sv&fe=ci
Changing market conditions may create new opportunities to strengthen Personal Insurance coverage for affluent and high-net-worth individuals. In this clip from our recent High-Value Solutions webinar, Kris Guasch, Associate Managing Director, Underwriter, Personal Insurance, Burns & Wilcox, Ft. Lauderdale, Florida, discusses how brokers and agents may be able to revisit coverage options and secure broader protection for clients. https://vimeo.com/1194062504/5cde65c71d?share=copy&fl=sv&fe=ci
The Personal Insurance market is transitioning out of a hard market cycle, though underwriting discipline remains. In this clip from our recent High-Value Solutions webinar, Sarah Chandonnet, Director, Private Client, Burns & Wilcox, Detroit/Farmington Hills, Michigan, discusses where brokers and agents may be finding greater market flexibility for affluent and high-net-worth clients. https://vimeo.com/1194061394/581538c48c?share=copy&fl=sv&fe=ci
Scenario 1: A rare Superman comic book is found in an attic and later sells at auction for a record-breaking $9.12 million. RELATED STATS: A high-value item in storage may not be properly insured. In the event of a theft, fire, or severe weather incident that damages or destroys the item, an owner could be left without any coverage for…
Inside This Article: A $19 million Denver Zoo sea lion habitat project is at the center of a lawsuit alleging design and construction failures. The lawsuit alleges multiple defects in the recently opened habitat, including improper water levels, leaks, and cracking. Architects & Engineers (A&E) Professional Liability Insurance plays a key role when claims arise from alleged design errors or failure…
The Professional Liability market remains competitive, with emerging pressures taking shape in select segments. See how rising severity, evolving Cyber risk, and early signs of firming are influencing coverage and underwriting.
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