NU Property & Casualty 360

D&O insurance market tightening, SPACs feel squeeze

More than 90% of U.S. public company D&O policyholders experienced rate increases during Q3.

Posted: Nov 23, 2020

How insurance companies can measure digital transformation success

Digitization can't occur in a vacuum. Its success hinges on an insurer's ability to harness an innovative mindset at every level of the organization.

Posted: Nov 23, 2020

Court orders South African insurer to pay pandemic-related business interruption claims

The Court found Santam liable to pay for business interruption losses related to the lockdown, citing similar cases in the U.S. and U.K.

Posted: Nov 23, 2020

South African insurer ordered to pay pandemic-related claims

A court found Santam liable to pay for business interruption losses related to COVID-19, citing similar cases in the U.S. and U.K.

Posted: Nov 23, 2020

How InsurTech will affect operations and claims in 2021

Look for a ‘partner, not build’ mentality when it comes to creating new technology solutions in the insurance space.

Posted: Nov 23, 2020

How location dictates your Thanksgiving COVID-19 exposure risk

Check out this interactive map developed by academics that shows the risk level of attending a Thanksgiving event based on its size and location.

Posted: Nov 23, 2020

10 states with the worst drivers in 2020

Drivers in these states experience more accidents, citations, DUIs — and higher insurance premiums.

Posted: Nov 23, 2020

Five ways technology drives enterprise risk management

Businesses that leverage data in their ERM strategies can experience a more streamlined and simplified analysis of risks.

Posted: Nov 22, 2020

Who's using what in P&C insurance: November 23, 2020

Insurance technology news from Lowers Forensics International, Carpe Data, AXA XL, Charter Financial Group, Argo Group and more.

Posted: Nov 22, 2020

Auto insurance shopping, new business volumes grow in Q3

New business volume for the period was nearly double that seen in 2019 and outpaced the five-year average.

Posted: Nov 22, 2020

The analytical producer: 3 ways to use data to increase sales

Big data not only helps you sell — it can also tell you how to sell.

Posted: Nov 22, 2020

NRA agrees to pay $2.5M fine over 'murder insurance' program

The organization also agreed to a five-year ban from participating in the insurance business in New York state.

Posted: Nov 22, 2020

How Moving to the Cloud Fosters Innovation During Times of Uncertainty

The technology landscape is fast-changing, and as customer demands shift, companies require strategies that help them stay agile.

Posted: Nov 22, 2020

Insurers need to master data security now more than ever

With all the potential for good introduced by cloud migration, there are still security concerns that must be addressed.

Posted: Nov 20, 2020

How telematics can boost fleet safety while lowering costs

It is time for the insurance and transportation industries to take take a more efficient, data-driven operational approach to fleet management.

Posted: Nov 20, 2020

The most (and least) overworked U.S. cities in 2020

Work-life balance has been a top priority for insurance professionals amidst the pandemic. Here are where that's easiest — and hardest — to achieve.

Posted: Nov 20, 2020

People on the move in the P&C insurance industry: November 20, 2020

Recent career moves news from RPS, Swiss Re, Marsh and more.

Posted: Nov 19, 2020

What does successful claims innovation look like?

As insurance technology advances, carriers must focus on customer pain points and allow them to drive efforts to find solutions.

Posted: Nov 19, 2020

Boy Scouts fight over insurance amidst 92,000 claims of abuse

The organization's insurers argue they shouldn’t have to pay claims related to abuse that could have been prevented.

Posted: Nov 19, 2020

COVID-19: How businesses can reduce the risk of EPL claims

Organizations should be proactive and have a plan in place to help minimize exposure to employment practices liability (EPL) claims.

Posted: Nov 19, 2020

Boy Scouts fight over insurance amidst 82,000 claims of abuse

The organization's insurers argue they shouldn’t have to pay claims related to abuse that could have been prevented.

Posted: Nov 19, 2020

The 15 most expensive cities for millennial homebuyers

Most millennials tend to underestimate the costs of owning a home from the down payment to homeowners insurance premiums.

Posted: Nov 19, 2020

Insurance implications of the rapid adoption of telemedicine

Several telemedicine liability exposures are likely to arise in light of the rapid adoption of telemedicine during the COVID-19 pandemic.

Posted: Nov 18, 2020

Insurance fraud rises along with carriers' workload

FRISS’ annual survey found an 8% jump in the assumption of insurance claims with an element of fraud compared with the industry benchmark.

Posted: Nov 18, 2020

Has the insured nailed it?

Self-insured retentions operate differently from standard claims involving an insurer from the outset.

Posted: Nov 18, 2020