NU Property & Casualty 360

Around the P&C insurance industry: February 24, 2021

News from J.D. Power, Accuity, CORE Group and more.

Posted: Feb 23, 2021

MassMutual hits WallStreetBets' ‘Roaring Kitty’ with class action on securities fraud

The suit alleges Keith Gill, a licensed securities broker, misrepresented himself as an amateur investor and manipulated the market to profit himself.

Posted: Feb 23, 2021

How nonprofits can prevent card-testing fraud

Cybercriminals view nonprofits as easy targets. Here’s what nonprofits clients need to know to protect against a growing threat.

Posted: Feb 23, 2021

Does a PPP loan impact insurance coverage?

Coverage Q&A: A restaurant that was closed during protests last year is seeking business income loss coverage.

Posted: Feb 23, 2021

Reddit user faces securities fraud lawsuit for GameStop stock rise

The suit alleges Keith Gill misrepresented himself as an investor to manipulate the market for his own profit in the Robinhood/GameStop trading frenzy.

Posted: Feb 23, 2021

How some companies use captives to improve the bottom line

Organizations are using captives in new ways to enhance risk management, attract more clients and access other forms of risk transfer.

Posted: Feb 23, 2021

Insured losses from winter freeze could hit $18 billion

Thousands of claims from vehicles, homes and businesses are rolling in from Texas and other states as crippling winter weather continues.

Posted: Feb 23, 2021

Built In: InsurTechs among top large firms to work for

As of May 2019, the median annual wage for an employee working in technology was $88,240.

Posted: Feb 23, 2021

What is parametric insurance, and why should we care?

The policy format allows for coverage of the 'uninsurable' with greater loss predictability and lower costs.

Posted: Feb 22, 2021

Surge of new SMBs spike insurance demand as some look to month-to-month policies

Searches of the phrase "business insurance" were roughly 50% higher in 2020 than in 2019, according to Google Trends.

Posted: Feb 22, 2021

Surge of new SMBs spike demand for insurance, month-to-month policies

Searches of the phrase 'business insurance' were roughly 50% higher in 2020 than in 2019, according to Google Trends.

Posted: Feb 22, 2021

Florida moves closer to repealing no-fault auto laws

In addition to repealing its no-fault auto insurance laws, state lawmakers are also considering changing rules for windshield deductibles.

Posted: Feb 22, 2021

Cómo algunas empresas emplean cautivas para mejorar sus beneficios

Las organizaciones están utilizando cautivas de nuevas formas para mejorar la gestión de riesgos, atraer nuevos clientes y más.

Posted: Feb 22, 2021

Cali. mulls extending group discounts to lower-income drivers

The proposed regulations follow a study finding insurance group discounts skew toward wealthy drivers and those with higher levels of education.

Posted: Feb 22, 2021

PIA National takes on President Biden's insurance commentary

During a recent CNN Town Hall, President Joe Biden linked insurance pricing to racial inequity. It's not that simple, says PIA National.

Posted: Feb 22, 2021

The top risks facing the technology sector in 2021

“If 'data is the new oil,' as the saying goes, might Big Tech be the new Big Oil?"

Posted: Feb 22, 2021

Virtual meeting tips to know before your next Zoom conference

These best practices for insurance professionals will ensure video conferences are both professional and secure.

Posted: Feb 22, 2021

Words of wisdom: Dr. Steven Weisbart

Triple-I’s former chief economist shares the biggest challenges, industry changes and accomplishments from his 50-year career.

Posted: Feb 22, 2021

Insurance-industry success means accessing unwritten rules

In this two-part video, Dr. Leroy Nunery of PlusUltre shares his insights on corporate diversity and belonging and how to be successful.

Posted: Feb 21, 2021

Worker hurt walking dog wins workers' comp claim

The Tasmanian utility worker lived in electric company-owned accommodation, a requirement for the job, and was injured while on-call.

Posted: Feb 21, 2021

Who's using what in P&C insurance: February 22, 2021

Insurance technology news from Aclaimant, Arch Insurance, Patra and more.

Posted: Feb 21, 2021

New Ford partnership will tap driver data for UBI programs

Ford and Arity have teamed up to give drivers greater control over what they pay for auto insurance.

Posted: Feb 21, 2021

Texas ice storm likely to be costlier than Hurricane Harvey

Officials say this event's losses may exceed those seen with a catastrophic hurricane, as the impact touches all 254 counties.

Posted: Feb 19, 2021

Texas ice storm likely to be even costlier than Hurricane Harvey, officials say

As the impact has touched every corner of the state, officials say losses are likely to exceed the $19 billion cost of Hurricane Harvey.

Posted: Feb 19, 2021

How InsurTech can better support agency, carrier culture

By making effective use of InsurTech, industry leaders can maintain their company culture and combat social isolation.

Posted: Feb 19, 2021