Homeowners can get into trouble by assuming an existing policy covers property being used as a short-term rental.

Nearly 1 million bottles of prosecco sold by Costco were pulled from shelves due to reports that bottles may suddenly break or shatter.

Without commercial property insurance that includes coverage for theft, many private businesses could not withstand such a large loss.

Commercial insurance underwriters note a surge in the volume and severity of hospitality-industry claims.

The owner later faced lawsuits and worker complaints, prompting local officials to revoke her entertainment license.

Spurred by changes in weather, learn how excess and surplus lines have filled in some important gaps in property coverage. 

'It is not a matter of if a data breach will occur, but when. No company is too small or too big.'

Insurers are adjusting capacity and, in some cases, turning to AI and litigation analytics tools.