NU Property & Casualty 360

Policyholders are decking their halls with hazards

More than 95% of people use at least one fire hazard when decorating their homes interiors for the holidays, Selective Insurance reports.

Posted: Dec 08, 2022

What are the keys to independent insurance agent success in 2023?

Respond today to the sixth-annual Independent Insurance Agent Survey produced in partnership with PIA National.

Posted: Dec 08, 2022

How data-driven insurers are succeeding with advanced analytics

Learn the four keys to establishing a data-driven company culture and unlocking the potential of advanced analytics.

Posted: Dec 07, 2022

Major insurance issues teed up for another legislative special session in Florida

Issues slated to be addressed include boosting the availability of critical reinsurance and bolstering the financial stability of the state's insurer of last resort.

Posted: Dec 07, 2022

Hanover's denial of Fishbowl claim goes belly up

Hanover did not dispute that Fishbowl had been the victim of a data breach, but claimed that the client had been negligent.

Posted: Dec 07, 2022

Only technology can save the tedious, costly insurance industry

Aging insurance companies have a customer experience problem, but hope is on the horizon.

Posted: Dec 07, 2022

Increasing number of small businesses concerned about economy, survey finds

52% of small businesses say their biggest challenge is finding qualified job candidates.

Posted: Dec 07, 2022

Policyholder satisfaction with digital claims falls for second consecutive year

Satisfaction fell 7 points year-on-year, J.D. Power reported, and the estimation process played a big role in the drop.

Posted: Dec 07, 2022

IICF raises nearly $1.3M for charity at northeast benefit event

The event, now in its 16th year, also saw Marsh receive the IICF's Double I award for its philanthropic leadership.

Posted: Dec 06, 2022

3 ways insurers can expedite the claims process

Carriers have access to a variety of tools that will shorten the time needed for claims inspections and reduce the risk of fraud.

Posted: Dec 06, 2022

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

Insurance industry news from Nationwide, EFI Global , Understory Inc. and more.

Posted: Dec 06, 2022

The tiny insurance firm standing between taxpayers & a coal industry bailout

Lawmakers are worried about one company’s outsize role in the coal surety business and its ability to cover reclamation costs should mines start going belly up.

Posted: Dec 06, 2022

Forbes: Best renters insurance companies for 2023

More than 15,000 customers rated their insurance providers in the second annual Forbes/Statista survey of America’s Best Insurance Companies. Each…

Posted: Dec 06, 2022

AXA Climate bulks up global-warming risk training

Climate-related disasters have become the top concern of today’s risk managers.

Posted: Dec 06, 2022

Divided state court ruling sparks uncertainty about workers' comp for mental injuries

An Arizona Court of Appeals concluded the Arizona Constitution never contemplated mental injuries when they used the term 'injury,' and the state's high court agreed.

Posted: Dec 05, 2022

After the storm: Busting 5 more flood insurance myths

Once consumers know the facts about flood coverage, they can make wiser insurance choices.

Posted: Dec 05, 2022

How long do insurers have a duty to defend?

Whether an insurer has a duty to defend arises in almost every liability insurance claim. A less common question is when the duty ends.

Posted: Dec 05, 2022

How European insurers can survive claims inflation

A recent report from McKinsey & Company offers advice for how P&C insurers in Europe can keep up with rising costs.

Posted: Dec 05, 2022

Welcome to the 2022 Hall of Shame - Part 2

Fraudsters steal an estimated $308.6 billion each year from insurers through their damaging crime sprees.

Posted: Dec 05, 2022

Industries with the highest employee loss in 2022

The top reasons that people tend to leave a job are poor management and unhealthy working conditions.

Posted: Dec 05, 2022

Policyholders still confused about what home insurance covers

More than 60% of U.S. policyholders said ‘I have no idea what my home insurance fully covers.’

Posted: Dec 05, 2022

How stability ratings help agents find the right carrier partner

Get a rundown on how ratings agencies work and why ratings are a valuable tool for agents and brokers.

Posted: Dec 04, 2022

Who's using what in P&C insurance: December 5, 2022

Insurance technology news from Got You Covered, Wejo Group Limited, Aviva Canada and more.

Posted: Dec 04, 2022

More than 3 in 4 American workers have been ‘quietly promoted’ with no pay raise

Nearly three-quarters of Americans report having a manager ask them to take on additional work, and when that happened, 57% felt manipulated or taken advantage of.

Posted: Dec 04, 2022

10 Fraudsters enter the 2022 Hall of Shame - Part 1

From a dentist who killed his wife on safari to a doctor who performed unnecessary back surgeries to a homeowner who set his own homes on fire, these fraudsters are shameless.

Posted: Dec 04, 2022