NU Property & Casualty 360

Bigger ships are causing greater supply chain risks

Cargo owners and shippers are facing trends with the potential to cause more transit delays with more far-reaching effects.

Posted: Oct 18, 2021

Barcos más grandes causando más riesgos en la cadena de suministro

Los propietarios de la carga se enfrentan a una situación en la que los retrasos serán más frecuentes con efectos de mayor alcance.

Posted: Oct 18, 2021

Insurer justified in denying coverage in uninsured motorist case

This case is the latest in a string of ongoing lawsuits challenging uninsured and underinsured motorist provisions.

Posted: Oct 18, 2021

Rates for personal lines increased 6.6% in Q3

States facing more risks from wind and wildfire damage saw rates grow 25% and higher in certain circumstances during the quarter.

Posted: Oct 18, 2021

Schools face increasing online bullying risks

Insurance professionals provide a line of defense to educators facing this serious digital threat. Here's what agents should know.

Posted: Oct 18, 2021

Top 10 writers of private flood insurance in 2020

In total, insurance companies in the private flood market wrote $30.,4 million in premiums last year.

Posted: Oct 18, 2021

Who's using what in P&C insurance: October 18, 2021

Insurance technology news from Strickland General Agency, Safekeep, Columbia Insurance Group and more.

Posted: Oct 17, 2021

One size fits none: The do's & don'ts of partner sourcing

A successful relationship between carriers and vendors must respect the needs of the businesses involved.

Posted: Oct 17, 2021

The majority of homeowners are deploying smart home devices

While consumers have embraced smart home tech, many don’t realize these tools can lower insurance rates.

Posted: Oct 17, 2021

Cyber losses are driven by business interruption, recovery costs

The average cost recovery and downtime following a ransomware attack has more than doubled during the past year.

Posted: Oct 15, 2021

Court overturns Washington's credit ban in insurance quoting

The state commissioner's March 2021 order prohibited insurers from using credit scoring to set personal line insurance rates.

Posted: Oct 15, 2021

La Niña emerging, bringing potential for extreme weather

In addition to exacerbating drought conditions in California, the weather pattern could further strain global energy and food supplies.

Posted: Oct 15, 2021

Lead contamination lessons from the Notre Dame fire

The risk is present even in new construction, as lead-based materials are still imported and used today.

Posted: Oct 14, 2021

People on the move in the P&C insurance industry: October 15, 2021

News from Chubb, RT Specialty, Canopius Group and more.

Posted: Oct 14, 2021

Smarter underwriting with data can improve risk selection & refine pricing

Looking beyond hazards and leveraging vulnerability attributes can enable property insurers to gain a competitive advantage.

Posted: Oct 14, 2021

Cannabis operations are hungry for D&O coverage

Most of the top executive talent in this industry see D&O as an absolute must for a company serious about growing its operations.

Posted: Oct 14, 2021

2021's Best and worst states to work in the U.S.

A report reveals the dramatically different conditions workers experience based on where they live.

Posted: Oct 13, 2021

Construction firms embracing online training, safety data

Nearly 20% of contractors said making better use of the data they currently collect is the top way they can improve their safety program.

Posted: Oct 13, 2021

Disgraced insurance commissioner receives 7-year jail sentence

Georgia's former insurance commissioner, Jim Beck, will spend time in federal prison over a $2.5 million fraud scheme.

Posted: Oct 13, 2021

How insurers can build confidence in their AI

Increased transparency and control allows insurers to become more sophisticated about the manner in which they use artificial intelligence.

Posted: Oct 13, 2021

The case for connected insurance

There are three key benefits insurers can expect when using low-code to deliver a connected insurance experience.

Posted: Oct 13, 2021

Data breaches declined during Q3, still up for year

While the quantity of breaches dropped compared to Q2, 2021 is still on pace to set an all-time high in the number of total events.

Posted: Oct 13, 2021

Travel insurance sales shoot past pre-pandemic levels

Older generations, which previously made up a majority of travel insurance clients, have yet to resume traveling at pre-pandemic levels.

Posted: Oct 13, 2021

5 cybersecurity tips for employers with remote workers

Hackers are seizing new opportunities. Are your business clients prepared for a cyberattack?

Posted: Oct 13, 2021

Around the P&C insurance industry: October 13, 2021

News from PuroClean, Nationwide, Custard Companies and more.

Posted: Oct 12, 2021