NU Property & Casualty 360

Florida employers: It’s hurricane season—are you really ready?

As we move through the 2022 hurricane season, there is no better time than now for Florida employers to put emergency action plans in place for dealing with natural disasters and other emergencies.

Posted: Aug 08, 2022

How real estate can boost a small-business owner's financial plan

Real estate can help you hedge against inflation and secure your retirement — and it provides tax benefits.

Posted: Aug 08, 2022

Charter Spectrum on the hook after off-duty employee murdered a customer

Employees further admitted that there was a pattern of thefts by other Spectrum employees against customers and the company failed to take action.

Posted: Aug 07, 2022

States with the most motorcycle thefts

Around 42% of stolen motorcycles are recovered, according to the National Insurance Crime Bureau.

Posted: Aug 07, 2022

Employers rethinking compensation, reward programs as competition for talent continues

There is difficulty attracting and retaining employees with digital skills and professional employees, and more than 60% are having problems hiring and keeping hourly employees.

Posted: Aug 07, 2022

Who's using what in P&C insurance: August 8, 2022

Insurance technology news from Extraordinary Re, Zesty.ai, Cowbell Cyber and more.

Posted: Aug 07, 2022

DE&I initiatives belong in the workers' comp world

Here's how diversity, equity and inclusion programs help attract top employees. They also impact worker well-being.

Posted: Aug 07, 2022

Insurance carrier data responsibility in the face of telematics uptick

Insurance carriers have an obligation to safely dispose of policyholder data that no longer serves a legitimate business purpose.

Posted: Aug 07, 2022

Hurricane forecasts trimmed on slow start for Atlantic storm season

Cooler water in the tropical Atlantic will help tamp down the season's ferocity, according to two updated forecasts.

Posted: Aug 05, 2022

People on the move in the P&C insurance industry: August 5, 2022

The latest P&C industry personnel news from Gallagher Re, Agero, Holmes Murphy and more.

Posted: Aug 04, 2022

Policyholder blocked repairs, now can't recover damages from insurer

A Florida Appeals Court upheld that an insured cannot recover damages from an insurance company if they failed to comply with the policy and failed to allow the insurer to make the necessary repairs.

Posted: Aug 04, 2022

The challenge of insuring to value

Insureds need to consider the cost to rebuild a home if it is destroyed when determining its insured value.

Posted: Aug 04, 2022

Can insurers unite with governments against common threats?

The August 2022 issue of NU Property & Casualty magazine honors a proactive approach to mitigating risks.

Posted: Aug 04, 2022

Homeowners aren't taking basic security steps before leaving on vacation

More than 70% of homeowners say they’ll take a vacation sometime before the end of December.

Posted: Aug 04, 2022

Latest TikTok craze: Stealing Kias & Hyundais

The automakers are a facing class action suit alleging the cars are defective because they are so easily stolen.

Posted: Aug 04, 2022

Hundreds reportedly laid off as GEICO closes California offices

This comes after GEICO made the decision in April 2022, to suspend quoting in their call centers across several states — including California.

Posted: Aug 04, 2022

CannGen's Charles Pyfrom discusses insurance coverage for cannabis entities

The explosive growth of cannabis-touching businesses highlights the need for proper coverage and risk management strategies.

Posted: Aug 03, 2022

Advocacy drives the Lumen Technologies workers' comp program

This large telecom company focuses on getting injured workers the best care in order to efficiently resolve claims. (Part 3 of 3)

Posted: Aug 03, 2022

Hundreds reportedly laid-off as GEICO closes California offices

This comes after GEICO made the decision in April 2022, to suspend quoting in their call centers across several states — including California.

Posted: Aug 03, 2022

CA Court finds direct physical loss or damage adequately caused by presence of COVID-19

The California Court of Appeal recognized that its conclusion differed from courts across the country.

Posted: Aug 03, 2022

Florida stopgap program gets first insurer after downgrade

United Property & Casualty Insurance Co. was one of three insurers downgraded by the Demotech ratings agency amid widespread financial troubles in the state’s property-insurance market.

Posted: Aug 03, 2022

Should workers' comp reimburse medical pot costs? Courts are split

A split among four states’ high courts has muddied the waters on if workers' comp should reimburse medical marijuana costs.

Posted: Aug 03, 2022

State courts split on if workers' comp should reimburse medical marijuana costs

A split among four states’ high courts has muddied the waters on if workers' comp should reimburse medical marijuana costs.

Posted: Aug 03, 2022

Know your number: How much business income do you need?

As a business owner, no one is going to determine your salary, so it is up to you to figure out your magic number.

Posted: Aug 02, 2022

Creating a high-performing workforce

Duck Creek’s Courtney Townsend shares insights for creating a diverse and engaged workforce in this podcast.

Posted: Aug 02, 2022