NU Property & Casualty 360

Travelers Championship raises more than $2.5M for charities

Since 2007, the event has raised more than $25 million for more than 800 nonprofits.

Posted: Jun 29, 2022

UK insureds consider dropping policies to fight inflation

More than half of surveyed consumers are likely or somewhat likely to cancel a policy to save money, Guidewire reports.

Posted: Jun 28, 2022

Around the P&C insurance industry: June 29, 2022

News from Acrisure, Brokerslink, Openly and more.

Posted: Jun 28, 2022

U.S. News: 10 best places to live in the U.S.

U.S. News and World Report analyzed the 150 most populous metro areas in the nation to determine their rankings.

Posted: Jun 28, 2022

6 common attacks on insurtech and mobile insurance apps

Unprotected applications can leave policyholder and insurer information vulnerable to hackers.

Posted: Jun 28, 2022

The effects of rising claim payouts after recent hurricanes

Higher insurance settlements can lead to higher insurance premiums, as demonstrated in Florida's property market.

Posted: Jun 28, 2022

Robo advisors could give small-business insurers a competitive edge

Many of the questions policyholders take to their insurer or agent lend themselves to automated self-service.

Posted: Jun 28, 2022

Another appeals court sides with insurer in pandemic BI case

Zurich denied the plaintiffs' claim because they had not suffered "physical loss or damage to" their buildings, the opinion said.

Posted: Jun 27, 2022

Report: Insurance dealmaking slows in first half of 2022

Of the 343 announced deals in the first half of 2022, 91% were brokerage target companies.

Posted: Jun 27, 2022

Insuring semi-autonomous vehicles

Insurers will have to reexamine how to handle claims where they must determine who is at fault — the car or the driver.

Posted: Jun 27, 2022

NAIC: Top inland marine insurers of 2021

Nearly any business with a retail component needs inland marine insurance, which protects against losses when goods are transported over land via truck…

Posted: Jun 27, 2022

Adapting to changing policyholder behaviors & expectations

There is a need to evolve data analytics alongside changing customer behaviors and expectations.

Posted: Jun 27, 2022

Supreme Court sidesteps workers' comp marijuana cases

The Supreme Court complied with recommendations from the Solicitor General in declining to consider the medical marijuana reimbursement case.

Posted: Jun 27, 2022

Tech companies want more eyes in the sky for wildfire season

A cottage industry in fire detection tech has taken root as wildfires have become more frequent and financially ruinous.

Posted: Jun 27, 2022

Florida insurance ruling sets precedent on new assignment-of-benefits law

Tactics used by unscrupulous contractors allegedly trick homeowners into giving up certain rights under their insurance policy.

Posted: Jun 26, 2022

Who's using what in P&C insurance: June 27, 2022

Insurance technology news from MMG Insurance Company, QBE, SEON and more.

Posted: Jun 26, 2022

Citizens Insurance could spend $100 million on lawsuits in 2022

The state-backed Florida insurer has seen a huge uptick in policies the last two years, which has meant an increase in litigation costs, as well.

Posted: Jun 26, 2022

These countries see the most data breaches

A single email has been breached an average of three times, statistically, since 2004, according to Surfshark.

Posted: Jun 26, 2022

The problem with current catastrophe-risk models

Thanks, in part, to emerging technologies, the future should hold many positives in risk understanding and predictability.

Posted: Jun 26, 2022

Fraud & litigation push Florida home premiums to national high

The annual average cost for home insurance in Florida is expected to surpass $4,230 this year, Triple-I reports.

Posted: Jun 23, 2022

Reassessing customers' risk profiles during wildfire season

Insurers must learn from past wildfires to create the most accurate risk assessments for their customers.

Posted: Jun 23, 2022

People on the move in the P&C insurance industry: June 24, 2022

The latest P&C industry personnel news from WTW, Network of Vertafore Users, AmTrust Financial Services and more.

Posted: Jun 23, 2022

Time to first contact weighs heavily on claims satisfaction

A recent Hi Marley study found the highest performing claims adjusters respond to 80% of their cases in under 3.5 hours.

Posted: Jun 23, 2022

10 tips for a successful risk management career

If you’ve been a risk manager for a while, there are probably things you’d do differently if only you could go back in time. Even if not, we…

Posted: Jun 23, 2022

P&C price hikes for developers: Why we're living in a materials world

New insurance challenges are emerging around the construction materials developers need to get their projects off the ground.

Posted: Jun 23, 2022