NU Property & Casualty 360

Breaking down COVID’s impact on workers’ comp

COVID-19-related workers’ comp claims had an average cost of $7,800 per claim.

Posted: Jan 28, 2022

The number of data breaches reached new highs in 2021

The manufacturing and utility sectors saw the biggest increases in data comprises, increasing 217% compared with 2020.

Posted: Jan 28, 2022

Few employers plan to drop vaccine mandates

Just 4% of companies are following GE’s lead and dropping their vaccine requirements, according to a recent poll.

Posted: Jan 28, 2022

Improving cyber insurance doesn't have to be hard

Cyber policies have become a sort of Frankenstein monster, with coverages pieced together to address a growing set of property and liability risks.

Posted: Jan 28, 2022

Pay for U.S. risk pros has risen more than 12% since 2019

The RIMS 2021 Compensation Survey also revealed Canadian risk professionals saw an average salary increase of 15.9%.

Posted: Jan 27, 2022

OSHA withdraws private company vaccine-or-test ETS

The withdrawal of the mandate becomes effective Jan. 26, but OSHA is not abandoning its efforts to institute a permanent standard.

Posted: Jan 27, 2022

Best states for retiring insurance pros in 2022

WalletHub ranks the retirement desirability of states based on affordability, quality of life and health care.

Posted: Jan 27, 2022

Surplus lines hit records for premiums, transactions in 2021

Data shows double-digital premium growth from each state stamping office.

Posted: Jan 26, 2022

How does the insurance industry view touchless claims?

A survey from Celent and PropertyCasualty360.com examines how carrier executives, adjusters, appraisers and investigators view the use of AI in claims.

Posted: Jan 26, 2022

Least profitable states for P&C insurance

AdvisorSmith examines the U.S. states in which the P&C industry has the hardest time turning a decent profit.

Posted: Jan 26, 2022

Auto insurers brace for tidal wave of lawsuits in New Jersey

Just a few days after the bill was signed, one major insurance company was hit with two suits for alleged bad faith.

Posted: Jan 26, 2022

A look at UK home insurance in 2022 and beyond — Part 1

A recent white paper released by Bdeo explores changes and challenges in the U.K. home insurance market.

Posted: Jan 25, 2022

Hospital argues that the coronavirus causes property damage

A hospital alleged the virus 'physically altered and damaged' its facilities in a fight with the insurer for coverage.

Posted: Jan 25, 2022

The 10 most hazardous roads in the U.S.

Notoriously dangerous roads share certain characteristics. Here's where they are and how drivers can stay safe when navigating them.

Posted: Jan 25, 2022

Consumers split on buying policies from non-insurance companies

A recent survey from Breeze revealed a majority are willing to purchase insurance from auto manufacturers, but more hesitant about companies like Facebook.

Posted: Jan 24, 2022

'But for' test proves negligence, leads to $125K auto settlement

Co-defendants blaming each other made the case more complex, making it harder to determine liability.

Posted: Jan 24, 2022

Top auto insurance companies to start 2022

The rankings are based on the number of complaints, ease of use and discounts offered.

Posted: Jan 24, 2022

The dangers of working long hours

Fatigue can lead to a host of health problems and increases the chance of a workplace injury.

Posted: Jan 24, 2022

Analysis of a domestic water tank failure

Water tank failures can lead to extensive loss and water damage to a structure.

Posted: Jan 21, 2022

U.S. drivers have mixed feelings about speed cameras

According to the National Highway Traffic Safety Administration, speeding is a factor in one-quarter to one-third of traffic deaths in the U.S..

Posted: Jan 21, 2022

'Out Front Ideas': 20 issues to watch in the coming year

Review the biggest challenges and new developments expected to impact workers’ comp and risk management.

Posted: Jan 21, 2022

Pandemic no longer biggest business interruption fear

Business interruption is ranked as the biggest risk by U.S. business leaders.

Posted: Jan 20, 2022

The risks of cannabis-infused candy

Marijuana edibles are creating a new level of risk for customers and manufacturers.

Posted: Jan 20, 2022

22 claims resolutions for 2022

This year is a new book with 365 pages upon which to write the future. Perhaps the best place to start is with improving revenues in a challenging economy.

Posted: Jan 20, 2022

Antitrust laws could fracture insurers' net-zero pledges

Will antitrust regulators around the world bend when environmental benefits outweigh competitive concerns?

Posted: Jan 19, 2022