NU Property & Casualty 360

Investigation: Insurers overcharged Calif. drivers $5.5B in 2020

Consumer Watchdog found that California auto insurers inadequately reduced rates accordingly with decreased claims amidst COVID-19.

Posted: Aug 04, 2021

How Surfside collapse could influence state-regulated insurance

Growing legal fees Fla. insurers face from past hurricanes and reduced faith in building inspections could drive a decline in available coverage.

Posted: Aug 04, 2021

These earthquakes, tsunamis led to the biggest insurance losses

Japan and New Zealand are featured prominently on the list, which includes one U.S. event.

Posted: Aug 04, 2021

Insurer must defend insured for Biometric Information Privacy Act violations

The Illinois Supreme Court ruled on class-action suit alleging that the tanning salon violated BIPA by requiring its customers to provide their fingerprints.

Posted: Aug 03, 2021

Around the P&C insurance industry: August 4, 2021

News from AIR Worldwide, FRISS, Howden and more.

Posted: Aug 03, 2021

Body shop damages a client's car. Is there insurance coverage?

Coverage Q&A: An employee at the insured auto body shop collided with a client's vehicle.

Posted: Aug 03, 2021

Cryptocurrency: D&O and E&O insurance issues

There are emerging risks associated with digital asset storage and transactions that underwriters must be aware of.

Posted: Aug 03, 2021

Does CGL insurance cover cyberattack damages?

A restaurant chain was sued for more than $20M by its merchant bank after hackers stole customers' credit card information.

Posted: Aug 03, 2021

2021’s 10 best states for teen drivers

It's not just a lack of driving experience that can work against teenagers who get behind the wheel.

Posted: Aug 03, 2021

Strict liability standards in consumer protection law may increase litigation

A Penn. court ruling lowered the burden of proof in the state’s consumer protection law, which could result in more litigation for insurers and agents.

Posted: Aug 02, 2021

The 7 things insurance leaders need to know about low-code

Low-code tools can build new applications 10 times faster and substantially cheaper than traditional software development methods.

Posted: Aug 02, 2021

Managing the challenges of civil unrest

The last year has served as a lesson on how businesses can plan and respond to these events to minimize losses and keep people safe.

Posted: Aug 02, 2021

Self-service apps are disrupting the home insurance market

While they can reduce costs and enhance the buying experience, self-serve apps have not eliminated the manual claims process.

Posted: Aug 02, 2021

Meet the 2021 Agency of the Year Award winners

Setting the Pace: The 2021 Agency of the Year Award winners are forging a model for the modern insurance agency.

Posted: Aug 02, 2021

J.D. Power: Insurers that lost and gained customers in Q2 2021

These auto insurance companies observed either highs or lows in the percent of customers shopping last quarter.

Posted: Aug 02, 2021

Romance has nothing on today's insurance careers

Not many occupations reel people in and enchant them for life quite like insurance.

Posted: Aug 01, 2021

Self-service apps are disrupting the home insurance market

While they can reduce costs and enhance the buying experience, self-serve apps have not eliminated the manual claims process.

Posted: Aug 01, 2021

Next level risk modeling for the insurance industry

Developing a predictive model that keeps problems at the center establishes a holistic approach to solving issues.

Posted: Aug 01, 2021

Who's using what in P&C insurance: August 2, 2021

Insurance technology news from Brightway Insurance, Gore Mutual, Openly and more.

Posted: Aug 01, 2021

2021 Cyber insurance market update

Web of Risks: Cyber insurance rates swell and capacity tightens as digital threats and losses become more frequent and severe.

Posted: Jul 29, 2021

People on the move in the P&C insurance industry: July 30, 2021

News from FM Global, BMS, CFC and more.

Posted: Jul 29, 2021

Deloitte: Most U.S. insurers expect faster growth in late 2021

Insurers recognize the need for innovative thinking and decisive action to become part of their core culture and business model.

Posted: Jul 29, 2021

Regulations reduced opioid prescriptions for injured workers

While policies aimed to catch potential abuse, they did not hinder the ability of injured workers to access opioids, a WCRI study found.

Posted: Jul 29, 2021

Amazon’s fight against product liability is in full swing

A lawsuit against Amazon could clarify whether the retailer is responsible when a third-party product hurts or kills someone.

Posted: Jul 29, 2021

More than 30 charged, prosecuted in auto insurance fraud ring

Operation Dealer’s Choice busted up a car ring that had filed nearly $1 million in fraudulent insurance claims.

Posted: Jul 29, 2021