NU Property & Casualty 360

Worker's intoxication not the 'proximate cause' of workplace injuries

The Alaska Supreme Court ruled that the worker’s accident would have happened even if he hadn't been drinking before clocking in.

Posted: Nov 07, 2022

Businesses are struggling to understand cyber insurance

Around two-thirds of independent agents said their business clients are at least moderately concerned they could experience a cyberattack.

Posted: Nov 07, 2022

10 signs a phone has been hacked

More than 60% of fraud originates with phones, according to cybersecurity experts.

Posted: Nov 07, 2022

Insurer not permitted to depreciate labor for homeowner claim

The Supreme Court of Arizona recently answered two questions certified by the U.S. District Court for the District of Arizona that both concerned how an insurer may or may not use depreciation in calculating the actual cash value (ACV) of damaged pro...

Posted: Nov 07, 2022

Three key ideas for agency owners: Grow, partner or move on

Now more than ever before is the time to focus on growth, partnership opportunities, or perhaps, moving on.

Posted: Nov 07, 2022

Who's using what in P&C insurance: November 7, 2022

Insurance technology news from Mutual Benefit Group, Silverfort, LineSlip and more.

Posted: Nov 06, 2022

Is a fatal overdose considered an 'accident' for purposes of liability insurance coverage?

The plaintiff, Acceptance Indemnity Insurance Co., moved for summary judgment in U.S. District Court for the District of Connecticut.

Posted: Nov 06, 2022

Safety mitigation measures for wildfire risks could herald a new era in disaster insurance

The California Department of Insurance is passing legislation mandating premium discounts for customers who enact safety measures and technology may help validate those steps.

Posted: Nov 06, 2022

The 10 industries that see the most data breaches

Financial services, which includes insurance, have seen the third most data breaches, according to VPN Overview.

Posted: Nov 06, 2022

Berkshire Hathaway takes a beating on auto insurance

The conglomerate reported a $962M loss on insurance underwriting in the third quarter, its worst quarterly loss in a year.

Posted: Nov 06, 2022

Data: A strategic asset for insurer innovation and differentiation

Many insurance carriers continue to struggle to maximize the full value of data, according to Deloitte.

Posted: Nov 06, 2022

People on the move in the P&C insurance industry: November 4, 2022

The latest insurance industry personnel news from Ryan Specialty, The Hartford, ZestyAI and more.

Posted: Nov 03, 2022

How succession planning can save your independent insurance agency

Here’s how a mindful plan can protect your business from severe financial loss – and preserve your legacy.

Posted: Nov 03, 2022

Closing out 2022 on a high note

Here's a look inside the November/December issue of NU Property & Casualty magazine.

Posted: Nov 03, 2022

Missed deadline means insurer won't have to cover Harvard's litigation costs in admissions challenge

Massachusetts law states "the unambiguous terms of an insurance policy must be strictly enforced and an insured’s failure to comply with the notice provision of a claims made policy bars coverage."

Posted: Nov 03, 2022

Pipe corrosion claims from electric current

A common cause of corrosion-related failure is electric current traveling through a pipe and discharging.

Posted: Nov 03, 2022

Looking for agency growth? Hone your business skills, not just sales skills

Sales skills are the foundation of an agency, but developed business skills comprise the infrastructure of profitable ones.

Posted: Nov 03, 2022

Take me out to the ball game? Only if sureties are there first

Discover how sureties play a game-changing role in building facilities for America’s pastime.

Posted: Nov 03, 2022

3 DEI hiring lessons (from a transgender CEO)

Building a diverse workforce creates an environment that supports innovation, which in turn drives profitability and positions a company as a market leader.

Posted: Nov 02, 2022

Are cyber captives right for your business?

Captives may be a solution to combat cyber insurance difficulties since they can help stabilize insurance costs and enhance coverage, but are they right for everyone?

Posted: Nov 02, 2022

Does insurance coverage continue when a named policyholder dies?

Coverage questions arise for additional insureds when a policyholder passes away and the policy automatically renews.

Posted: Nov 02, 2022

RightSure’s key to success: ‘Famously friendly humans’

Part 3 of 3: This winner of the 2022 NU Agency of the Year Award developed its own insurance sales software.

Posted: Nov 02, 2022

Turn an expense into revenue: Adding incentives to your 2023 budget

More than 70% of working adults are likely to remain with a company if they feel properly recognized for their efforts.

Posted: Nov 02, 2022

The changing cyberthreat landscape

Learn why small and medium-sized companies are now the ‘sweet spot’ for digital crooks.

Posted: Nov 02, 2022

Around the P&C insurance industry: November 2, 2022

Insurance industry news from HoneyQuote, Ahoy, Actuarial Risk Management Ltd. and more.

Posted: Nov 01, 2022