NU Property & Casualty 360

Updating NY statute and restoring liability protection for vehicle owners

VTL §388 ensures that victims of accidents involving a vehicle owned by a person but driven by a non-owner could seek financial redress for their injuries.

Posted: Jul 21, 2022

Does a water damage sublimit really limit water damages? It depends...

The courts are interpreting damage removal exclusions in insurance policies in different ways.

Posted: Jul 21, 2022

Employee benefits make the difference in recruiting and retaining talent

While it's difficult for smaller employers to compete with large organizations when it comes to recruiting and retaining employees, offering the right employee benefits can level the playing field.

Posted: Jul 21, 2022

People on the move in the P&C insurance industry: July 22, 2022

The latest P&C industry personnel news from Nationwide, NFP, Brush Country Claims and more.

Posted: Jul 21, 2022

What sports analytics & insurance have in common

Uncover three reasons why a digital revolution is coming to commercial insurance, which is primed for a 'Moneyball' era.

Posted: Jul 21, 2022

N.J. condo association may pursue insurer in construction defect case

The state’s supreme court ruled the association can assert direct claims against the insurer, but must arbitrate the case.

Posted: Jul 20, 2022

The importance of loss control & field representatives

While technology can offer error-free assessments, it lacks critical thinking and intuition.

Posted: Jul 20, 2022

U.S. sees rise in trench-related fatalities in 2022's first half

The number of trench-related deaths so far this year has already surpassed the total seen in 2021.

Posted: Jul 20, 2022

N.Y. Grieving Families Act could impact auto & general liability

Governor Hochul is now considering the legislation, which could have a significant impact on the cost of liability insurance in the state.

Posted: Jul 20, 2022

USDA announces double crop insurance expansion

This crop insurance expansion is an attempt by the Biden administration to increase supply and lower food costs.

Posted: Jul 20, 2022

The problem with third-party litigation financing

TPLF is a money-making scheme that turns our civil justice system into 'a casino.'

Posted: Jul 20, 2022

Hippo proposing reverse stock split following NYSE non-compliance notice

The insurtech is proposing a ratio in the range of 1-for-20 to 1-for-30.

Posted: Jul 20, 2022

The coming financial storm: What independent agents need to know

A recession may be in the cards – but for agencies, a defensive position is not an option.

Posted: Jul 19, 2022

Credit cards with the best travel insurance coverage

According to research from WalletHub, these credit cards offer the best insurance coverage for travelers.

Posted: Jul 19, 2022

Around the P&C insurance industry: July 20, 2022

News from DeNexus, PCF Insurance Services, Allianz and more.

Posted: Jul 19, 2022

New cyber risk targets small businesses

Companies with weak or non-existent cybersecurity are easy targets for hackers.

Posted: Jul 19, 2022

Understanding inflation's effect on commercial property risks and valuations

QBE's Charles Greer highlights what factors risk managers need to consider given today’s rapidly changing economic environment.

Posted: Jul 19, 2022

Water damage: As disruptive as major fires, explosions

Every minute of delay in responding to a water-damage event can increase damage. Here's what you need to know.

Posted: Jul 19, 2022

The costly & complex nature of food processing and agri losses

Ageing equipment and lack of proper maintenance are just a few factors driving large losses in this space.

Posted: Jul 19, 2022

Allianz report identifies the top causes of claims worldwide

The company analyzed over 530,000 claims from 207 countries to identify the leading drivers of corporate losses.

Posted: Jul 19, 2022

Guard awarded workers' comp for PTSD after witnessing shooting

A workers' compensation judge's decision may indicate an opening for hard-to-prove claims based on psychological injury.

Posted: Jul 18, 2022

Allianz report identifies the top claims factors around the globe

The company analyzed over 530,000 claims from 207 countries to identify the leading drivers of corporate losses.

Posted: Jul 18, 2022

The worst states for summer road trips in 2022

One way to cut down on the risks associated with road trips is to travel to and through states with abundant amenities.

Posted: Jul 18, 2022

A post-pandemic company handbook: How small business owners can guard against lawsuits

Work-from-home options mean businesses should update their handbooks with remote work guidelines for employees.

Posted: Jul 18, 2022

Taiwan insurance market GWP could grow to $31B by 2026

A recent report from GlobalData predicts the Taiwan general insurance market could see a CAGR of 5.4% through 2026.

Posted: Jul 18, 2022