NU Property & Casualty 360

NY Dept. of Financial Services proposes AI guidance for insurers

In a proposed circular letter, the DFS recommended actions for insurers to prevent discrimination when using AI and ECDIS.

Posted: Jan 17, 2024

Insurance coverage Q&A: Window cleaner scratches glass

When a window cleaner scratches the glass he is working on, is there coverage under a CGL policy?

Posted: Jan 17, 2024

How to break down insurance customer data

Insurance agents can break down data and its opportunities with this easy framework...

Posted: Jan 17, 2024

Techniques for commercial real estate pros to manage insurance costs

Rising insurance costs have created a burden for everyone in the CRE value chain, but some existing tools can help.

Posted: Jan 16, 2024

Around the P&C insurance industry: January 17, 2024

Insurance industry news from Verisk, Ryan Specialty, InsurTech NY and more.

Posted: Jan 16, 2024

Soaring insurance costs add to Red Sea trade chaos

Underwriters are now charging between 0.75% and 1% of the value of the ship to sail through the region.

Posted: Jan 16, 2024

5 AI trends in insurance underwriting for 2024

Data transparency will take center stage.

Posted: Jan 16, 2024

Mitigating mental health-related EPLI claims

Discover why these types of claims are growing and ways employers can recognize accommodation requests.

Posted: Jan 16, 2024

'Pig butchering' and other cybercrimes preying on human psychology rising fast

Internet crime complaints have surged, according to the FBI, with reported financial losses from 2018 through 2022 totaling $27.6 billion.

Posted: Jan 15, 2024

Common issues, tips to navigate related-claims insurance issues

Understanding the scope of related-claim provisions and how they work can minimize surprises should a claim arise.

Posted: Jan 15, 2024

'Out Front Ideas': Issues to watch in 2024 (part 2)

In the second part of this series, review the final 10 issues that could impact workers’ comp and risk management in 2024.

Posted: Jan 15, 2024

Gridlock with D&O insurers is stalling settlements with automaker Nikola's shareholders

Nikola claims it is prepared to resolve claims against its directors and officers, but its insurers refuse to approve to proposals.

Posted: Jan 15, 2024

'Increasingly Difficult': In Davis Polk Retaliation Trial Ex-M&A Leader Talks About Guiding Plaintif...

During the first week of testimony in the trial, which began Jan. 8, a series of current and former Davis Polk professional development employees introduced jurors to the concept of a “time to go” conversation, in which associates are told they need...

Posted: Jan 15, 2024

'Out Front Ideas': Issues to watch in 2024

Examine the prominent obstacles and emerging advancements anticipated to influence workers' compensation and the wider P&C market in the year ahead.

Posted: Jan 14, 2024

Who's using what in P&C insurance: January 15, 2024

Insurance technology news from Aspen Insurance and more.

Posted: Jan 14, 2024

Insurance coverage Q&A: An abundance of water, but from where?

When the insured's away and the water leaks, is there coverage?

Posted: Jan 14, 2024

USAA asks Texas Supreme Court to nix class certification

The suit arises from an insured's objection to USAA's decision to declare her nearly restored 1983 Mercedes-Benz 300SD was a salvage vehicle after a collision

Posted: Jan 11, 2024

People on the move in the P&C insurance industry: January 12, 2024

The latest insurance industry personnel news from NFP, McGuireWoods, Verisk and more.

Posted: Jan 11, 2024

The big freeze: 5 signs your pipes are frozen and how to thaw them

Extremely cold temperatures are affecting unprotected pipes across the country, causing thousands of dollars in damage.

Posted: Jan 11, 2024

How to select a claims partner for public entity pools

A "pool" is a cooperative insurance and risk management arrangement. They require particular claims expertise.

Posted: Jan 11, 2024

5 predictions for the insurance industry in 2024

Examine the challenges and opportunities 2024 might hold for the P&C insurance sector.

Posted: Jan 11, 2024

Auto premiums could increase another 12% in 2024

These rate increases will be driven by more frequent severe weather events and elevated repair costs.

Posted: Jan 10, 2024

The worst U.S. cities to own a vehicle

According to Forbes Advisor, 91.7% of households in the United States had at least one vehicle in 2021.

Posted: Jan 10, 2024

Growing pains: How insurers can better navigate acquisitions

Review the key steps to ensure a smooth integration of a newly acquired company.

Posted: Jan 10, 2024

New Jersey law gives new teeth to plaintiffs' insurance claims

Previously, only the state Department of Banking and Insurance had authority to enforce unfair claims settlement practices in New Jersey.

Posted: Jan 10, 2024