Author Archives: Crain’s Content Studio

Property Owner Settles Tenant Lawsuit for $3.5 Million

The former owner and manager of two apartment complexes in Washington, D.C. will pay $3.5 million to settle a tenant lawsuit alleging rat and bed bug infestations, sewage leaks, mold contamination and other hazards. The lawsuit, brought by the district’s attorney general in October 2018, also claimed the buildings’ hundreds of tenants were subjected to…

Ask the Expert Q&A: Management Liability Insurance

Research has shown one in four companies will at some time face allegations related to wrongful employment practices or other leadership decisions and actions taken within the scope of managing their operations. Heather Schaaf, Underwriting Director, Burns & Wilcox, Chicago, Illinois, shares insight on management liability insurance and what today’s senior executives should know. What…

Lawsuits Allege Accounting Firm Breach Exposed 170,000 Patients’ Data

Two patients are pursuing class-action status for their lawsuits against a Colonie, New York health care company and its accounting firm over a 2019 data breach that reportedly exposed the sensitive information of 170,000 patients. The lawsuits allege BST & Co. CPAs, the accounting firm for Community Care Physicians, experienced a ransomware attack in December…

From Pools to ‘Pandemic Puppies,’ Backyard Family Fun Brings Risk

Sales of pools, trampolines and other backyard recreational items have surged in recent weeks as families try to salvage a summer marred by camp closures, community pool shutdowns, travel restrictions and continued anxiety over the COVID-19 crisis. Vendors in the U.S. and Canada have sold out of above-ground pools while pool shop owners continue to…

Ask the Expert Q&A: Homeowners & Dwelling Insurance

Severe storms, leaking pipes and other unforeseen events pose a looming threat to most individuals’ biggest investment: their home and its contents. To learn more about how Homeowners & Dwelling Insurance can protect the places and items homeowners value most, Crain’s Content Studio spoke with Bill Gatewood, Corporate Senior Vice President, Burns & Wilcox, Detroit/Farmington…

Vandalism, Storms, and Lawsuits Plague Beleaguered Businesses

Businesses around the world are experiencing the effects of the largest economic downturn since the 1940s. Some economists show the U.S. as having exited or nearly recovered from the recession that began in February, and Canada is showing signs of recovering from its deepest recession on record. Nevertheless, businesses continue to face numerous risks while…