NU Property & Casualty 360

House passes 'historic' MORE Act

The MORE Act would remove marijuana from the list of scheduled substances and makes SBA loans and services available to legitimate cannabis businesses.

Posted: Dec 08, 2020

MLB slams insurers with suit over billions in coronavirus losses

Major League Baseball is suing AIG and other insurers for coverage it believes is warranted under the league's all-risks insurance policies.

Posted: Dec 08, 2020

Ransomware: A growing threat to organizations of all sizes

This year's uptick in ransomware attacks is problematic for insurance professionals and policyholders alike. Here's how to respond.

Posted: Dec 07, 2020

Lack of physical loss moves court to reject COVID BI claims

U.S. District Court for the Northern District of Georgia has rejected a bid for business income insurance coverage, joining similar rulings nationwide.

Posted: Dec 07, 2020

Insurance professionals need practical training now more than ever

Here is how employers can develop programs to increase productivity and retention, and guide trainees to more fulfilling insurance careers.

Posted: Dec 07, 2020

Putting 2020 in the rearview mirror — Part 1

Riots, wildfires, cyberattacks, hurricanes and the coronavirus were at the forefront of an active year filled with insurance claims.

Posted: Dec 07, 2020

State of the P&C insurance market in Q3 2020

Burns & Wilcox notes the insurance market continued to harden while capacity remained tight but not scare as carriers deployed resources more strategically.

Posted: Dec 07, 2020

10 cities with the most expensive driver commutes

American drivers who commute 54 minutes five days a week could spend $3,900 a year in fuel and wear and tear costs.

Posted: Dec 07, 2020

Wildfire risk leaves Californians without homeowners insurance

Grappling with a climate emergency, insurance companies say they can't pay for catastrophic losses.

Posted: Dec 06, 2020

Personal lines insurance needs shift as people flee large cities

More than 14 million people have filed a permanent change of address form in 2020.

Posted: Dec 06, 2020

Historic 2020 hurricane season responsible for $60-65B in economic damage

With 30 named storms, 2020 was the most active season in history, but its overall cost underscores its hyperactivity.

Posted: Dec 06, 2020

Three ways auto insurers can exceed customer expectations after the sale

Carriers can strengthen engagement by providing valuable add-on services at critical junctures.

Posted: Dec 06, 2020

Who's using what in P&C insurance: December 7, 2020

Insurance technology news from Zurich Mexico, Buckle, AssuredPartners, Verisk, Ask Kodiak and more.

Posted: Dec 06, 2020

How to plan a fun (and safe) holiday party '2020 style'

COVID-19 safety is just one area employers should focus on to ensure a safe and claims-free holiday celebration.

Posted: Dec 06, 2020

Commercial property owners seeing rates grow across lines

More lawsuits and tightening capacity are just a few issues pushing insurance rates up. And that's without factoring in COVID's impact.

Posted: Dec 04, 2020

The continued impact of COVID-19 on workers’ comp

The COVID-19 pandemic has been with us for over nine months now. Here's how the workers' compensation industry has changed.

Posted: Dec 04, 2020

Fastest-growing small cities to prospect new business

WalletHub ranked 12 U.S. cities where the fastest economic growth has occurred within the past decade.

Posted: Dec 04, 2020

People on the move in the P&C insurance industry: December 4, 2020

Recent career moves news from Marsh, Desjardins Group, Ushur and more.

Posted: Dec 03, 2020

Tips to help small businesses prepare for winter weather

Help small-business clients keep their properties damage-free and employees safe this season with these quick tips.

Posted: Dec 03, 2020

New IVANS CEO Reid Holzworth talks insurance innovation

This insurance-technology executive aims to update the many manual, inefficient processes that he says still plague the industry.

Posted: Dec 03, 2020

Sugar contamination and engine failure insurance claims

In vandalism cases, it’s not unusual for a perpetrator to put sugar in a fuel tank.

Posted: Dec 03, 2020

The 2020 hurricane season: Is it really over?

Given the relentlessness of this year’s hurricane season, insurance pros should remain vigilant of possible off-season threats.

Posted: Dec 03, 2020

All in a day's work: 2020 Claims salary survey results

Claims Magazine looks at how claims professionals view the industry, their salaries and the impact of the coronavirus on their jobs.

Posted: Dec 03, 2020

NICB ranks holidays by frequency of vehicle theft

The NICB ranked 11 holidays based on the volume of vehicles stolen in 2019.

Posted: Dec 03, 2020

Will the next stimulus bill include pandemic risk insurance?

There is growing support to prepare now for the future economic risk associated with crisis-related government shutdowns.

Posted: Dec 02, 2020