NU Property & Casualty 360

Small businesses face big challenges in 2022. How are they adapting?

"Competition for talent between large and small firms is really heated, especially in a tight labor market," said ADP's chief economist Nela Richardson.

Posted: Jul 07, 2022

5 hidden hurricane risks for Gulf Coast homeowners

When it comes to protecting against hurricane loss, there may be some areas of your home you've been neglecting.

Posted: Jul 07, 2022

Forbes Advisor: Top-rated travel insurance companies

The sector is anticipated to grow nearly 15% globally, reaching $31.3B by 2027.

Posted: Jul 07, 2022

Tourism, business travel growth to propel travel insurance market

The sector is anticipated to grow nearly 15% globally, reaching $31.3B by 2027.

Posted: Jul 07, 2022

Runaway verdicts: Reversing the trend

Social inflation generally describes verdicts that exceed $10 million but can apply to any unreasonably large award given the facts of a case.

Posted: Jul 06, 2022

Businesses should prepare for increased data surveillance in wake of Roe decision

In response to SCOTUS overturning the federal right to abortion, businesses are advised to reevaluate their employee records.

Posted: Jul 06, 2022

European mutual insurance market share hits all-time high

Mutual/cooperative insurers account for 42.8% of all non-life insurance in Europe.

Posted: Jul 06, 2022

Licensing rules to know before offering embedded insurance

Companies considering an “embedded insurance” model must confront the complicated, confusing world of the U.S.’s state-based insurance regulatory regime.

Posted: Jul 06, 2022

How a 'relatively moderate' earthquake resulted in 1,000 deaths

The magnitude 5.9 quake, which was felt nearly 100 miles away, caused more than 1,600 injuries in Afghanistan.

Posted: Jul 06, 2022

Fine art and artifacts: How to identify and secure precious assets

Standard property insurance may not cover art and artifacts. Initiate the conversation now to help protect such valuables.

Posted: Jul 06, 2022

Around the P&C insurance industry: July 6, 2022

News from Vertafore, Allianz, Europ Assistance and more.

Posted: Jul 05, 2022

Pandemic doesn't excuse construction company from settlement obligations

The case involved allegations of understated payroll and misclassification of workers under New Jersey law.

Posted: Jul 05, 2022

S&P, NAIC: Top fire insurers for 2022

Claims related to fire or lightning tend to be the most costly of all, with each averaging just over $77,000.

Posted: Jul 05, 2022

ALM launches Small Business Adviser resource

3 editors share their insights on ALM’s newest outlet serving the small business community.

Posted: Jul 05, 2022

Alabama Gov. Ivey appoints Fowler acting insurance commissioner

The appointment follows the retirement of state Insurance Commissioner Jim Ridling at the end of June.

Posted: Jul 05, 2022

Indiana court finds insurer has no duty to defend in dram shop suit

The court found that the efficient and predominant cause of the victims' injuries was drunk driving precipitated by the negligent service of alcohol.

Posted: Jul 04, 2022

Professional liability insurance policy covers criminal defense of indicted 'lottery lawyer'

Jason Kurland, who represented the winners of lottery jackpots, had a professional liability insurance policy through Fireman’s Fund Insurance Co.

Posted: Jul 04, 2022

Supply-chain issues drive inflation in the auto industry

Just-in-time manufacturing saved money until the pandemic shut down global manufacturing efforts.

Posted: Jul 04, 2022

Car brands linked to the most speeding tickets in 2022

This dangerous behavior is most often associated with high-end, high-performance vehicles, Insurify reports.

Posted: Jul 04, 2022

Insurance meltdown leaves Louisiana homeowners without policies

Premiums across the state have doubled and in some cases tripled, according to a New Orleans-based agent.

Posted: Jul 04, 2022

How training, change management foster digital inclusion

As personal insurance moves toward self-service, insurers should help customers become digitally aware and self-sufficient.

Posted: Jul 04, 2022

Safety & travel tips for new RV owners

When it comes to traffic accidents, July Fourth is among the year's most dangerous holidays.

Posted: Jul 04, 2022

Who's using what in P&C insurance: July 4, 2022

Insurance technology news from Betterview, Snapsheet, ReSource Pro and more.

Posted: Jul 03, 2022

Tips to keep pets safe on the 4th of July

Here are some recommendations on how to keep your pets safe before, during and after your July 4th celebrations.

Posted: Jul 03, 2022

Can predictive analytics tame runaway verdicts?

Alexia Cruz, the claim general counsel at Travelers, predicts analytics will be 'instrumental in identifying cases that could yield large verdicts.

Posted: Jul 01, 2022