NU Property & Casualty 360

Insurers still struggling to execute modernization plans

Pricing and product personalization as the internal process that could benefit the most from modernization.

Posted: Nov 20, 2022

City of London gets long-awaited insurer reform, surcharge cut

The plan would allow insurers to direct more than £100 billion in investment into infrastructure and green energy, according to the Association of British Insurers.

Posted: Nov 17, 2022

Global shipping lanes imperiled by climate change

Coastal inundation and extreme heat and wind events could directly impact key routes as well as operations at ports and terminals.

Posted: Nov 17, 2022

Executive Insights: Argo Surety's Mark Farina looks at the future for sureties

Factors such as the pandemic, a recession and the global economy will affect multiple aspects of the insurance industry in 2023.

Posted: Nov 17, 2022

People on the move in the P&C insurance industry: November 18, 2022

The latest insurance industry personnel news from FloodFlash, Coterie Insurance, IMA Financial Group and more.

Posted: Nov 17, 2022

How does your state define a dangerous dog?

States have moved from statutes governing ownership of certain breeds to using behaviors to define a dog as dangerous.

Posted: Nov 17, 2022

Insurance coverage Q&A: Workers' comp for chef hurt in pool at work event?

This question involves a hotel's chef, who was injured after diving into the shallow end of a pool at his employer's culinary awards celebration.

Posted: Nov 17, 2022

Hurricanes Nicole & Ian's overlapping damage areas could muddy claims

Privately insured wind and storm surge losses from Hurricane Nicole are anticipated to range from $1.2B-$1.8B.

Posted: Nov 16, 2022

Welcome Clarity: The priority of coverage in N.Y. construction-accident cases

Aa decision clarifying the roles of the employers-liability and excess carriers in a case involving a 'grave injury' was overdue.

Posted: Nov 16, 2022

Insurance industry applying most pressure for CRE to reduce emissions

Climate change is a risk, and "companies are becoming concerned that large swaths of the US could be uninsurable in the future."

Posted: Nov 16, 2022

Q3 2022 report: Agency M&A saw year-over-year decline

Commercial lines saw more growth in Q3 2022 than personal lines, however, personal lines still saw its highest quarterly organic growth rate since the survey began.

Posted: Nov 16, 2022

'Tis the season to hire temporary holiday workers

Here are some tips from Amanda Hahn, chief marketing officer at HireVue, to ensure hiring is nothing but an easy check mark on your holiday to-do list.

Posted: Nov 16, 2022

Leveraging location data to maximize efficiency & cut costs

Discover how straight-through processing and accurate location data improve decision-making and the customer experience.

Posted: Nov 16, 2022

Pie Insurance focuses on protecting business owners & their enterprises

Small businesses face numerous challenges to success and Pie Insurance CEO and co-founder John Swigart shares how the company uses tech-enabled insurance to serve this unique market.

Posted: Nov 15, 2022

Citizens Insurance warns of new fraud trends, updates Ian loss estimates

Uncontracted drone vendors are popping up in Florida following two hurricanes and charging high rates for their services, Citizens reports.

Posted: Nov 15, 2022

Cannabis firms face lawsuit for 'overstating' THC content in products

The complaint alleges the companies violated California consumer protection laws, including the state’s unfair competition law and false advertising law.

Posted: Nov 15, 2022

Around the P&C insurance industry: November 16, 2022

Insurance industry news from Blink Parametric, Brownyard Group, Beazley and more.

Posted: Nov 15, 2022

7 insights insurers can use to empower policyholders

A more connected, digital society also comes with increased cyber risk, and consumers are taking the need for cybersecurity protection seriously.

Posted: Nov 15, 2022

How to remain profitable in a hardening insurance market

In a hardening market, it’s more important than ever for insurers to find a path to profitability. Here's how...

Posted: Nov 15, 2022

Washington AG can continue auto insurer racial discrimination investigation

A judge has allowed Washington Attorney General Bob Ferguson’s office to continue an investigation into whether PEMCO and Progressive’s use of credit scores in rating is discriminatory.

Posted: Nov 15, 2022

A good day’s work: The 2022 Claims Salary Survey

Insurance professionals shared their views on benefits, hours worked, industry changes and the viability of claims as a career in this year’s survey.

Posted: Nov 15, 2022

Forbes: Best U.S. home insurers for 2023

This ranking is based on overall customer satisfaction as opposed to the number of active home-insurance policies.

Posted: Nov 15, 2022

Workers' comp rate changes affecting Florida, New Jersey & Oregon

New Jersey also announced an increase in both the maximum and the minimum weekly benefits available to workers' comp claimants.

Posted: Nov 14, 2022

Publix demands insurers honor policies in opioid litigation

Publix said it is facing millions of dollars in legal fees because of its insurance providers' refusal to provide coverage in opioid litigation.

Posted: Nov 14, 2022

Want to know what insurtech 2.0 will look like? Watch the cyber insurance space

For insurtech 2.0, technology is a driving force — a tide lifting all boats — rather than just a sales angle.

Posted: Nov 14, 2022