NU Property & Casualty 360

Digital service can be more impactful than ad spending

The customer acquisition journey no longer ends when prospects click the 'Request a Quote' button.

Posted: Aug 14, 2022

Top 5 claims in breweries and wineries & how to prevent them

Review the factors that drive claims in this space and valuable tips to help prevent losses.

Posted: Aug 11, 2022

Insurer not responsible for ticket refunds after COVID-19 cancellation

The popular SXSW music festival in Austin was canceled in 2020, and ticket holders were unhappy with their choices of compensation.

Posted: Aug 11, 2022

People on the move in the P&C insurance industry: August 12, 2022

The latest P&C industry personnel news from Alexander & Schmidt, McGriff , Corvus Insurance and more.

Posted: Aug 11, 2022

Executive Insights: Travelers Insurance's Genus Dalton

Discover how being unafraid of change has led Dalton to her current role.

Posted: Aug 11, 2022

Small Business 101: Preparing for a potential recession

Multiple inflationary forces have combined to impact nearly every business in America. Here's what you can do to get past financial obstacles (and there is some good news).

Posted: Aug 11, 2022

These makes and model years see the most catalytic converter thefts

A wide range of vehicles are commonly targeted, from full-size vans to compact hybrids.

Posted: Aug 11, 2022

Small commercial insurance accounts are surety prospects

There is a world of opportunity for insurance agents to serve the commercial bonds market.

Posted: Aug 11, 2022

Few businesses have ransomware coverage with limits above $600K

A typical data breach costs an average of $2.4M to investigate and recover from, according to Forrester Research.

Posted: Aug 10, 2022

How choosing rating accuracy wins the day in insurance

Companies that learn how to rate their exposures more accurately will succeed in the long term.

Posted: Aug 10, 2022

Food product recalls are growing, but recall insurance rates hold steady

Capacity and more market entrants are keeping rates for product recall coverage competitive.

Posted: Aug 10, 2022

Insurance and liability risks in the emerging e-bike market

In 2021, e-bike imports neared 790K (up from 450K in 2020) and this year may set a new sales record.

Posted: Aug 10, 2022

Survey: Inflation is greatest concern for middle market firms

A survey from Chubb shows increased replacement and material costs have forced many firms to examine how thorough their insurance coverage really is.

Posted: Aug 10, 2022

Reshaping industry: Lessons learned from deadly Surfside collapse

While nothing can replace the lives lost in this historic tragedy, there are valuable lessons to be learned across the construction industry to prevent future structural failures and loss of life in sea-side and coastal buildings across the country.

Posted: Aug 10, 2022

Insurtech funding up in Q2, but lags 2021 levels

Although the amount invested was up, the number of deals fell 7.7% quarter-on-quarter.

Posted: Aug 10, 2022

Rising rates accompany growing demand for active assailant coverage

Demand is up more than 50% and rates for higher-risk businesses are up double-digit in the past 12 months.

Posted: Aug 09, 2022

McKinney Fire destroys 185 structures, 60K acres in Northern California

More than 60,300 acres have been destroyed since the wildfire was sparked on July 29, 2022, according to Cal Fire.

Posted: Aug 09, 2022

Are you aware of these social engineering tactics?

Social engineering attacks rely on humans to succeed and organizations must focus on training that includes simulation exercises to mitigate risks.

Posted: Aug 09, 2022

Around the P&C insurance industry: August 10, 2022

News from Alera Group, Semsee, At-Bay and more.

Posted: Aug 09, 2022

5 insights for independent agencies

A survey from Vertafore showed 20% of insurance professionals changed jobs in 2021.

Posted: Aug 09, 2022

Nat-Cat events are hurting Australian insurers' bottom line

GlobalData predicts premium rates in Australia will continue to rise, leading to underinsurance and non-renewal of policies as customers struggle to afford their coverage.

Posted: Aug 08, 2022

3 Tools to successfully analyze COVID-19 claims

How reporting, benchmarking and decision-support tools can help you accurately measure, prioritize and act decisively on pandemic-related claims.

Posted: Aug 08, 2022

Kentucky flooding to have limited impact on reinsurers, private insurance

Although private flood insurance has grown in recent years, it remains less than 1% of direct premiums written, Fitch Ratings reported.

Posted: Aug 08, 2022

State seeks receivership for insolvent Florida insurer

The filing listed a series of issues, including saying that the insurer's “assets if made immediately available are insufficient to pay all of its liabilities.”

Posted: Aug 08, 2022

Insureon: Top business risks facing retailers

Both physical stores and online retailers can be susceptible to major business losses.

Posted: Aug 08, 2022