NU Property & Casualty 360

China in the midst of record-breaking heat wave, drought

The drought comes alongside a multi-month heatwave – the two elements combining to create the hottest, driest summer in the 61 years the government has recorded such data.

Posted: Aug 24, 2022

Customer satisfaction among small business policyholders rebounds

Small business owners even showed improved satisfaction with pricing, despite 30% seeing a premium increase.

Posted: Aug 24, 2022

Independent contractor vs. employee? Misclassifying employees can be a costly mistake

Small business owners should know the tests used to properly classify employees, the risks of misclassification and best practices to avoid liability.

Posted: Aug 24, 2022

One in three U.S. drivers now struggle to pay for auto insurance

Most auto insurance customers have not shopped around for competitive prices and services in five years or more, says Way.com.

Posted: Aug 24, 2022

Chatbots are revolutionizing the insurance industry

Chatbots are not a plug-and-play type of platform but must target specific needs within the customer-facing application suite.

Posted: Aug 24, 2022

Now is the time to update your insureds' property values

Rising inflation, labor shortages and supply chain issues can wreak havoc with replacement costs and insurance valuations.

Posted: Aug 23, 2022

Around the P&C insurance industry: August 24, 2022

News from PCF Insurance, Openly, Arkansas Municipal League and more.

Posted: Aug 23, 2022

15 of the most dangerous vacation destinations

Time reports motor vehicle and bus accidents claim the most Americans abroad, with other causes of unnatural deaths including drowning, suicide and terrorist actions.

Posted: Aug 23, 2022

How chatbots are revolutionizing the insurance industry

Chatbots are not a plug-and-play type of platform but must target specific needs within the customer-facing application suite.

Posted: Aug 23, 2022

Talent wars: Meeting the challenges of today's workforce

Executives from Walmart, Amazon and Gallagher Bassett discuss how they are recruiting and retaining talent in today’s competitive job market.

Posted: Aug 23, 2022

How insurance agents can best protect contractor clients

Now is the time for insurance agents and brokers to ensure their contractor clients have the right policies in place.

Posted: Aug 23, 2022

Floods & wildfires ravaged areas are fertile ground for insurance fraud

The NICB and Mercury Insurance offer tips to help spot and stop insurance fraudsters looking to strike following a disaster.

Posted: Aug 23, 2022

Dallas-area flooding kills at least one after massive downpour

Meteorologists are describing the flooding as a ‘once-in-200-years’ event.

Posted: Aug 23, 2022

Digital transformation is no longer optional for insurers

Data management is a critical component in unlocking insurance data’s maximum value.

Posted: Aug 22, 2022

Insurance remains industry with the most global digital fraud growth

According to TransUnion's quarterly fraud report, insurance was one of only two industries that saw an increase in digital fraud globally YoY.

Posted: Aug 22, 2022

Summer safety tips to avoid work injuries

When temperatures increase, so do the risks facing employees. Implementing these tips can help reduce seasonal risks.

Posted: Aug 22, 2022

Top places in the U.S. for remote work

Work-life may be forever changed by the pandemic but a recent study says only about one in 20 U.S. workers telecommutes.

Posted: Aug 22, 2022

Empowering injured workers to participate in their recovery

Providing injured employees with quality clinical information better equips them to engage in the medical process.

Posted: Aug 22, 2022

Giving back: A hallmark WCI program returns

Hundreds of insurance professionals continued the tradition of volunteering their time to Give Kids the World.

Posted: Aug 22, 2022

Allstate uses 'loophole' in Georgia law to raise rates by 25%

The 'loophole' allowed the auto insurer, which has raised rates 40% this year, to bypass the state insurance commissioner in implementing rate increases.

Posted: Aug 22, 2022

Live music stages a comeback but new risks challenge the industry

Organizers have a number of emerging perils to watch for as the concert and festival goers return in droves.

Posted: Aug 21, 2022

How much does filing a claim impact home insurance rates?

Filing a second fire claim can increase home insurance rates by more than 40%.

Posted: Aug 21, 2022

An evolving NY court divides in new insurance cases

The Court divided in all four of its notable insurance decisions this past term—and Judge Wilson dissented in two of them, both on the policyholder side.

Posted: Aug 21, 2022

Who's using what in P&C insurance: August 22, 2022

Insurance technology news from XDimensional Technologies, The AC, HowdenCAP and more.

Posted: Aug 21, 2022

Deloitte: Most consumers now open to non-traditional insurance

The rise of alternative channels should prompt insurers to bolster agency force and diversify distribution options.

Posted: Aug 21, 2022