NU Property & Casualty 360

High temps raise worker injury & death risks

From 2011-2019, more than 340 U.S. workers died as a result of heat exposure, according to the Bureau of Labor Statistics.

Posted: Jun 16, 2022

Another Sunshine State insurer falls: Southern Fidelity enters receivership

Southern Fidelity, which has 78,000 policies in the state, had failed to secure reinsurance for the 2022 hurricane season.

Posted: Jun 16, 2022

Exploring split usage-based insurance for autonomous vehicles

How do you insure a vehicle that drives itself? The answer for level four autonomous vehicles may lie in a split UBI policies.

Posted: Jun 15, 2022

Where should small businesses begin with cybersecurity?

A new report from RIMS explains how SMBs can create effective cybersecurity plans.

Posted: Jun 15, 2022

These cyberthreat actors present the most risk to insurance

CyberCube reveals the motivations of the digital ne’er-do-wells most likely to strike Western businesses.

Posted: Jun 15, 2022

Do you know what burnout looks like at work?

Managing longer workdays and more responsibilities are causing burnout in many employees.

Posted: Jun 15, 2022

Mitigating risk in public company M&A deals

Evidence suggests that most public M&A participants do not utilize representations and warranties insurance when dealmaking.

Posted: Jun 15, 2022

How to guide small business clients on D&O liability risks

Many small business owners erroneously think they are ‘too small’ for these risks.

Posted: Jun 15, 2022

Around the P&C insurance industry: June 15, 2022

News from Keystone Agency Partners, MarshBerry, IQUW and more.

Posted: Jun 14, 2022

The most common passwords around the globe

Weak passwords are a world-wide problem. Here are some of the most commonly used ones, along with tips on how to strengthen your own.

Posted: Jun 14, 2022

Human touch is key in claims automation

Success lies in using the technology to augment, not replace, human involvement.

Posted: Jun 14, 2022

$8M auto accident verdict likely to be capped at $100K

The defense contended that the accident caused nothing more than a sprain or strain and any other injury predated the accident.

Posted: Jun 14, 2022

Gender exclusivity: Will the insurance industry be left behind?

Women comprise more than 60% of the insurance industry, and yet, they only hold 19% of board seats.

Posted: Jun 14, 2022

Yellen says EU, UK insurance ban would 'lock in' Russian oil

The U.K. is likely to support a ban, which would lock in a good portion of Russian oil, Yellen says.

Posted: Jun 13, 2022

Resiliency to geopolitical risks is slipping, business leaders indicate

Inflation, war and social unrest are among the issues swirling in the high risk/low resilience geopolitical environment, Beazley reports.

Posted: Jun 13, 2022

Another court rules in favor of insurer in COVID-19 business interruption suit

The U.S. Court of Appeals for the 11th Circuit has joined courts across the country in siding with an insurer against businesses trying to recoup profits lost during the COVID-19 pandemic.

Posted: Jun 13, 2022

J.D. Power: Increased UBI, communication have kept auto satisfaction steady

Customers aren't happy about auto rate increases, but have found value in usage-based technology and transparency from their insurers.

Posted: Jun 13, 2022

Top personal auto insurers of 2021

Consumers largely sought out tried-and-true car insurance brands in 2021. But how long will that last?

Posted: Jun 13, 2022

Shuttle company must pay benefits to widow for driver's COVID death

The widow told the court that her husband was not a smoker and had no significant medical history that could compound the danger of the virus.

Posted: Jun 13, 2022

Two trapped in tank at Mars Wrigley chocolate plant

Local OSHA official says the workers became trapped while performing maintenance inside the tanks.

Posted: Jun 12, 2022

Drought & dry conditions are elevating wildfire risks in these states

The past decade has been the worst on record for wildfire insurance losses, according to Zesty.ai.

Posted: Jun 12, 2022

Insurer prevails on appeal in Florida assignment of benefits case

The insurer argued it couldn’t retroactively apply the assignment to the contractor because the policy was issued before the new statute was passed.

Posted: Jun 12, 2022

Who's using what in P&C insurance: June 13, 2022

Insurance technology news from Praxent, West Bend Mutual Insurance Company and more.

Posted: Jun 12, 2022

How state insurance commissioner primaries are shaping up

The winner could play a major role in whether the U.S. moves toward a non-variable annuity sales standard.

Posted: Jun 12, 2022

Commercial clients short on intangible-asset insurance

Digital assets, proprietary data, brand equity and intellectual property are highly valuable but often have insufficient coverage.

Posted: Jun 12, 2022