NU Property & Casualty 360

Construction constrained: Market dynamics under U.S. infrastructure plan

Potential government spending of $1.2T would be a massive boon for the construction sector but with serious impact on risk and insurance.

Posted: Jul 29, 2021

OSHA levies nearly $1M in fines after six deaths at poultry plant

Nitrogen leaking from a malfunctioning freezer caused five employees to die immediately.

Posted: Jul 29, 2021

Cyber experts warn of ransomware risks during Tokyo Olympics

Should the Summer Games face a cyberattack, the losses would be significant.

Posted: Jul 29, 2021

Top-rated life insurance for young adults in 2021

These companies offer competitive rates, an array of policies and helpful customer service, according to Investopedia.

Posted: Jul 29, 2021

Lessons from Hurricane Maria's devastation in Puerto Rico

A catastrophic event like a hurricane can be devastating for the people who live in areas prone to extreme weather. It can also be one of the most…

Posted: Jul 28, 2021

More states impose cannabis potency laws

In addition to THC limits, some states are likely to adopt potency-related taxes.

Posted: Jul 28, 2021

P&C insurers' net income increased in Q1 2021

However, their combined ratio worsened during the same period.

Posted: Jul 28, 2021

Personal cyber risks: Working smart in a hybrid environment

Chubb's Christie Alderman discusses the cyber risks involved with remote work and how to prevent some of these hazards in a hybrid environment.

Posted: Jul 28, 2021

Aviation insurance trends to watch as 2021 unfolds

From new aircraft to ‘air rage,’ discover the challenges hitting the aviation sector.

Posted: Jul 28, 2021

Smaller companies, remote work reveal cyber vulnerabilities

Ransomware demands increased nearly threefold during the past 12 months, while less sophisticated intrusion techniques were deployed.

Posted: Jul 27, 2021

Insurance coverage when a pool collapses

Coverage Q&A: A neighbor's pool collapsed, causing damage to the insured's property.

Posted: Jul 27, 2021

Calif. couple faces manslaughter charges for allegedly igniting fire

A smoke bomb used at the couple's gender reveal party sparked the El Dorado Fire that caused the death of one firefighter.

Posted: Jul 27, 2021

Around the P&C insurance industry: July 28, 2021

News from Aite Group, Tractable, Hippo and more.

Posted: Jul 27, 2021

How to shift social media marketing from branding to sales

Here are three ways to make insurance social-media marketing more performance driven.

Posted: Jul 27, 2021

M&A boom is under threat in Washington as Aon-WTW deal dies

The Aon-WTW deal was the first valued greater than $10B that has died for regulatory reasons from Biden's tougher stance on consolidation.

Posted: Jul 27, 2021

Former Ga. insurance official convicted on fraud, money laundering charges

Jim Beck was found guilty on 37 charges related to a five-year scheme that siphoned more than $2M from the Georgia Underwriting Association.

Posted: Jul 27, 2021

Novarica: RPA leads 2021 P&C insurer technology deployments

Despite the buzz among insurance-industry leaders and technologists around the potential impact of such tools such as smart devices, wearables and…

Posted: Jul 27, 2021

Growth in SPACs increases demand for D&O insurance coverage

Moves by the SEC regarding proper accounting of warrants are also driving premiums up for D&O coverage.

Posted: Jul 26, 2021

How Can Data Sophistication Help Triage Claims?

PropertyCasualty360 recently spoke with Frank Cesario, Director, with the Auto Claims vertical at LexisNexis Risk Solutions to understand how insurance companies are introducing data sophistication into their processes.

Posted: Jul 26, 2021

$11M settlement sparks $13.1B suit against American Family Insurance

A new lawsuit seeking billions of dollars in punitive damages claims AmFam and other parties illegally surveilled the plaintiff and her family.

Posted: Jul 26, 2021

Seniors are more susceptible to overpaying for home insurance

Across cohorts, policyholders with low credit scores were disproportionately impacted by rising home insurance rates.

Posted: Jul 26, 2021

M&A boom is under threat in D.C. as Aon-WTW deal dissolves

The Aon-WTW deal was the first $10 billion-plus proposal to die for regulatory reasons from Biden's tougher stance on consolidation.

Posted: Jul 26, 2021

Climate crisis now a major concern for global organizations

Businesses now face new exposures from climate change, including harsher regulations, mounting legal liabilities and reputational damage.

Posted: Jul 26, 2021

Aon, WTW deal crumbles

Aon will pay Willis Towers Watson a $1 billion termination fee, per their business combination agreement.

Posted: Jul 26, 2021

Critical insurance lessons from the Surfside tragedy

The tragedy provides a lesson on the importance of transparency and honesty when completing insurance applications.

Posted: Jul 26, 2021