NU Property & Casualty 360

Aon, WTW deal crumbles

Aon will pay Willis Towers Watson a $1 billion termination fee, per their business combination agreement.

Posted: Jul 26, 2021

Critical insurance lessons from the Surfside tragedy

The tragedy provides a lesson on the importance of transparency and honesty when completing insurance applications.

Posted: Jul 26, 2021

State Farm lawsuit highlights WFH, discrimination challenges

The complaint alleges that the insurer denied accommodations to an employee with disabilities pre-pandemic.

Posted: Jul 26, 2021

Three visions for the future independent insurance agent

Here's how agents can innovate to serve small businesses better and how insures can support them along the way.

Posted: Jul 26, 2021

N.J. now requires auto insurers to disclose policy limits to attorneys

Disclosure of policy limits under a private automobile insurance policy must be provided to attorneys that request them within 30 days.

Posted: Jul 25, 2021

Who's using what in P&C insurance: July 26, 2021

Insurance technology news from Talage, Roost, Evolve MGA and more.

Posted: Jul 25, 2021

How armed security impacts insurance coverage

With careful consideration, insureds can implement security measures that best meet their needs and facilitate the right insurance coverage.

Posted: Jul 25, 2021

Critical condo insurance lessons from the Surfside tragedy

The tragedy provides a lesson on the importance of transparency and honesty when completing insurance applications.

Posted: Jul 25, 2021

Preparing workers' comp for future pandemics

As it prepares for the future, NCCI is also determining how to account for COVID in the current ratemaking season.

Posted: Jul 23, 2021

Let's make a deal: Personal data for lower premiums

While consumers are willing to reveal personal data for lower rates, their social media details are off the table.

Posted: Jul 23, 2021

Q2 IVANS Index™ shows ongoing insurance market hardening

Most lines of business are experiencing rate increases with the exception of workers' comp insurance.

Posted: Jul 23, 2021

Outdoor fixtures raise home fire risks

Here are the easy ways homeowners can mitigate the risks of patio heaters and fire pits.

Posted: Jul 22, 2021

Ryan Specialty Group's IPO raises $1.34 billion in debut

A Bloomberg analysis predicts that RSG's IPO will be the largest on U.S. exchanges this week.

Posted: Jul 22, 2021

New energy-efficient standard affects pool pumps, but not policyholders...yet

The responsibility to comply with the regulation falls primarily on manufacturers and distributors.

Posted: Jul 22, 2021

People on the move in the P&C insurance industry: July 23, 2021

News from Risk Placement Services, DigitalOwl, Pie Insurance and more.

Posted: Jul 22, 2021

Q2 IVANS Index shows ongoing insurance market hardening

Most lines of business are experiencing rate increases with the exception of workers' comp insurance.

Posted: Jul 22, 2021

Reinsurers maintained pricing momentum as rates moderated

A range of factors from Q1 helped moderate global reinsurance rate increases.

Posted: Jul 22, 2021

The WFH impact on the cyber insurance market

Many insurers are focused on ransomware, but the rise of work-from-home culture has created other cybersecurity exposures.

Posted: Jul 22, 2021

States where higher taxes could hit the most small businesses

President Biden's corporate tax proposal could impact more than 1.4M small businesses operating as C-corps if passed.

Posted: Jul 22, 2021

Staged semi-truck accident nets couple 4 years in jail

Lawsuits stemming from the fake crash caused a trucking company and its insurer to pay out $4.7M to cover the fraudulent claims.

Posted: Jul 21, 2021

Agents, here's how to reach business decision-makers

Knowing how to connect with CFOs can be the key to turning a prospect into a client.

Posted: Jul 21, 2021

New Missouri law safeguards insurers from excessive arbitration awards and findings

The legislation provides clarity on the rights of claimants, tortfeasors, and the tortfeasor’s insurers.

Posted: Jul 21, 2021

States with the most small businesses at risk of higher taxes

President Biden's corporate tax proposal could impact more than 1.4M small businesses operating as C-corps if passed.

Posted: Jul 21, 2021

Midyear surplus lines premiums trending to exceed 2020 activity

The 15 U.S. stamping offices reported more than $24 billion in surplus lines premiums for the first half of 2021.

Posted: Jul 21, 2021

Words of Wisdom: James Quiggle

Quiggle monitored the fraudulent activities of countless bad actors, protecting policyholders and insurers around the globe.

Posted: Jul 21, 2021