NU Property & Casualty 360

Data breaches on decline through first half of 2022

Ransomware showed a quarter-on-quarter decline for the first time since 2018, according to the Identity Theft Resource Center.

Posted: Jul 18, 2022

Europe faces wildfires, drought conditions across region

(Bloomberg) — Thousands of people have been forced to flee their homes across Europe as deadly wildfires sparked by soaring temperatures burn down…

Posted: Jul 17, 2022

Who's using what in P&C insurance: July 18, 2022

Insurance technology news from Aurenity, American Family Insurance, Selective Insurance and more.

Posted: Jul 17, 2022

Social equity in the cannabis industry

This webinar examines the barriers to entering the cannabis industry and why social equity matters for these businesses.

Posted: Jul 17, 2022

Brick-and-mortar 101: 8 Pro tips for negotiating your first retail lease

While each business and location requires unique considerations, fundamental advice holds true. The following are key pointers for anyone seeking their first storefront.

Posted: Jul 17, 2022

Technology: The business risk that's also the solution

New technologies should be part of an active risk management culture driven by a company's C-suite.

Posted: Jul 17, 2022

Men are more likely to be involved in a fatal distracted driving incident

Around 13% of fatal distracted driving accidents can be attributed to mobile phones.

Posted: Jul 17, 2022

Georgia law could result in bigger workers' comp payouts

The change in rate is not likely to have as much of a financial impact on employers and insurers, according to an Atlanta-based attorney.

Posted: Jul 17, 2022

Global premiums to surpass $7 trillion, non-life profits pressured

The U.S. remains the largest insurance market in the world, with 8.1% growth in nominal terms in 2021, Swiss Re reports.

Posted: Jul 14, 2022

People on the move in the P&C insurance industry: July 15, 2022

The latest P&C industry personnel news from NFP, Sentry Insurance, Kinetic and more.

Posted: Jul 14, 2022

Making the most of incentives for insurance brokers

How can you, as an insurance company, help motivate brokers to focus on certain policies?

Posted: Jul 14, 2022

Insurance helps businesses manage their risks

Here's what small business owners need to know about insurance risks and policies.

Posted: Jul 14, 2022

Citizens could hit 1.2 million policies this year

Citizens had 937,835 policies as of last Friday, up from 883,333 at the end of May.

Posted: Jul 14, 2022

2023 hurricane season could see earlier official start

After seven consecutive years of pre- or early season activity, the NHC formed a team to examine whether to move the start of hurricane season to mid-May.

Posted: Jul 14, 2022

3 ways insurers are mastering the art of driving insight from data

Data is universally both an asset and a problem for every P&C insurance organization — whether carrier, broker, MGA or insurtech. Having lots…

Posted: Jul 14, 2022

Why insurers should take note of the rise in DIY security

DIY-installed monitoring devices are proving to be win-win solutions for insureds and insurers.

Posted: Jul 14, 2022

These 7 cybersecurity stats will keep you up at night

With 82% of data breaches caused by social engineering or human error, staff training is imperative.

Posted: Jul 13, 2022

Florida looks to sink insurance law challenge

Saying the property-insurance market “remains in crisis,” the state asked a federal judge to toss out a challenge to a law that places restrictions on roofers.

Posted: Jul 13, 2022

Evolving cyber risk comes with higher premiums, tighter underwriting

If attackers are intent on causing damage beyond stealing information, then cyber insurance claims can spill into property-casualty claims.

Posted: Jul 13, 2022

6 cyber risks facing every business

Learn the six trending cybersecurity issues that could wreak havoc on a business and find out how to prevent them.

Posted: Jul 13, 2022

Digital trends are evolving in P&C insurance

Rapid technology adoption, new business models and the demand for simple digital experiences are accelerating change in insurance.

Posted: Jul 13, 2022

NYC distributing inflatable dams to homes with high flood risk

The city earmarked $2.5 million for the project and already has 25,000 dams on hand.

Posted: Jul 12, 2022

Around the P&C insurance industry: July 13, 2022

News from Ryan Specialty, Rokstone, Cowbell Cyber and more.

Posted: Jul 12, 2022

Best practices for evaluating damages in third-party liability claims

Properly assessing damages is crucial to developing a clear plan for handling a liability claim.

Posted: Jul 12, 2022

Barbecue safety tips for National Grilling Month

According to the U.S. Fire Administration, there are around 5,700 grill fires on residential property each year.

Posted: Jul 12, 2022