NU Property & Casualty 360

5 Financial wellness benefits small businesses should consider offering

To stay competitive in today’s market, offering workplace savings programs should be a central element of a businesses’ recruitment and retention strategy.

Posted: Sep 08, 2022

Surplus lines see record-setting premium growth in 2021

U.S. surplus line segment has sustained double-digit premium growth over the past four years, AM Best reports.

Posted: Sep 08, 2022

State supreme court rules policy doesn't cover governments' opioid losses

The case law on this topic is divergent, a trend that will likely continue with different courts applying different interpretations of insurance policies.

Posted: Sep 08, 2022

In early 2022, property crime spiked in these U.S. cities

Victims of property crimes are less likely to know the offender than victims of violent crimes, ValuePenguin reports.

Posted: Sep 08, 2022

The insurance impact of rising construction costs in 2022

To build or not to build: In today’s construction climate, insurers must adopt an actuarial perspective on the potential risks.

Posted: Sep 08, 2022

Top 10 writers of private flood insurance in 2021

Floods are an excluded peril in standard homeowners policies, so those in areas in danger of flooding should consider additional coverage.

Posted: Sep 07, 2022

'Hiring has never been harder' for small business owners

In the current job market, workers are in the driver's seat and finding quality workers is a challenge for small businesses.

Posted: Sep 07, 2022

Florida considers alternatives to help insurers facing downgrade

The ratings issue has come at a turbulent time in Florida’s property-insurance market, as carriers have shed policies and sought large rate increases because of financial losses.

Posted: Sep 07, 2022

A new paradigm for property risk data & analytics

Your P&C business’ future could largely be determined by the choices made today about the application of data.

Posted: Sep 07, 2022

What’s lurking underwater for real estate professional liability?

Today's complex property market translates into potential coverage gaps for real estate professionals.

Posted: Sep 07, 2022

Insurance fraud and megayacht claims

Large vessel fraud is fueled by economic and world events.

Posted: Sep 07, 2022

California bill aims to end the cannabis insurance coverage confusion

The bill would make it clear that providing coverage to legal cannabis-touching businesses is not a criminal activity.

Posted: Sep 07, 2022

Taking the wheel on commercial auto claims

Review the external factors affecting claims and ways to ease some of those pressures.

Posted: Sep 07, 2022

A $48.5M award: Jury finds property insurance covers COVID-19 losses

Although the judgment affects three insurers, only Lloyd's is required to pay for now. Baylor is appealing rulings involving the other companies.

Posted: Sep 06, 2022

AAA: Annual cost of vehicle ownership tops $10K

According to AAA's research, owners of small sedans and electric vehicles spend the least to operate their cars.

Posted: Sep 06, 2022

State Farm buys a 15% stake in ADT with $1.2B investment

State Farm aims to bolster the use of smart home technology in home insurance through the investment.

Posted: Sep 06, 2022

Around the P&C insurance industry: September 7, 2022

News from PCF Insurance Services, RT Specialty, Universal Casualty and more.

Posted: Sep 06, 2022

The threat of deepfakes and their security implications

Advanced editing technology is making it easier for anyone to change online avatars or create synthetic personas.

Posted: Sep 06, 2022

How to Strengthen Digital Objectives and Create “Minimum Lovable Products”

Satyajit Nashikkar of OneShield breaks down the concept in this exclusive podcast episode from the “Top Tech Trends From Insurance Leaders” series.

Posted: Sep 06, 2022

MAPFRE N.A. CEO Tamayo talks company's past, industry's future

In a ranging interview, Jaime Tamayo discusses MAPFRE’s 50th anniversary and the biggest industry changes during his 30-year career.

Posted: Sep 05, 2022

Managing the silent threat of data exfiltration

Here’s what organizations need to know about the latest data exfiltration trends.

Posted: Sep 05, 2022

Citizens Insurance coverage cap eyed

As Florida’s property-insurance market has crumbled and home values have soared, many homeowners have been dropped by private insurers and cannot qualify for Citizens coverage because of the $700,000 cap.

Posted: Sep 05, 2022

Climate change is overwhelming U.S. flood maps, FEMA head says

Complicating the matter is the fact that climate-fueled extreme weather can be hard to predict,

Posted: Sep 05, 2022

The (somewhat) hidden costs of social inflation

Accurate assessment of claim value leads to more accurate pricing, which ultimately means lower costs for policyholders as well.

Posted: Sep 05, 2022

Empowering policyholders to mitigate their own cyber risk

Today's businesses need to address security issues before applying for cyber insurance.

Posted: Sep 05, 2022