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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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Inside This Article: Nearly 1 million bottles of Kirkland Signature prosecco were recently recalled due to bottles breaking or shattering, including one reported injury. The large-scale beverage recall follows other recent food and drink recalls involving metal contamination and allergen risks. Product Recall Insurance and Product Liability Insurance can help companies pay for costly recall logistics and injury-related expenses. Additional safeguards such as Business Interruption…
Inside This Article: A Superman #1 comic book discovered in an attic recently sold for more than $9 million. Fine art sales have also broken new records in recent weeks, including a Gustav Klimt painting and a Frida Kahlo self-portrait. High-value collectibles require special insurance coverage under a Personal Articles Floater, as Homeowners Insurance policies would not typically have…
The Transportation market is shifting rapidly — rising loss severity, repair-cost inflation, and tighter underwriting are creating both challenges and opportunity. Watch the webinar recording featuring Transportation & Garage Insurance experts from Burns & Wilcox to learn how to navigate evolving Liability and Physical Damage exposures, strengthen Garage solutions, and use safety technology and telematics to help insureds secure more favorable terms. Featured Experts:…
Key Takeaways The Property market is softening: rates are down, terms are broader, deductibles are lower, and capacity is expanding. The Casualty market remains firm, with rising rates and tighter terms driven by social inflation and nuclear verdicts. Catastrophic perils—especially wildfire and wind—continue to drive demand for specialized solutions such as Wrap programs, wind pools, and deductible buy-downs. Ordinance & Law, Equipment Breakdown, and Habitability Insurance are often…
A hailstorm strikes an auto dealership, damaging vehicles on the lot and a customer’s SUV in for service. In this short video, Mandi Bitterlin, Director, Commercial Insurance, Burns & Wilcox, Kansas City, Kansas, shares how the right Garagekeepers coverage could have turned this costly situation into a customer service win. https://vimeo.com/1140168759/bcf4d2e132?share=copy&fl=sv&fe=ci
A fire forces a neighborhood restaurant to close for months. While Property Insurance helps cover repairs to the dining room and kitchen and replace damaged equipment, the owner had no protection for lost revenue, ongoing expenses, or payroll. In this short video, Bonnie Steen, Regional Vice President, Managing Director, Burns & Wilcox, New Orleans, Louisiana, explains how Business Income Insurance can help restaurants…
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