NU Property & Casualty 360

Ryan Specialty Group's IPO raises $1.34 billion in debut

A Bloomberg analysis predicts that RSG's IPO will be the largest on U.S. exchanges this week.

Posted: Jul 22, 2021

New energy-efficient standard affects pool pumps, but not policyholders...yet

The responsibility to comply with the regulation falls primarily on manufacturers and distributors.

Posted: Jul 22, 2021

Reinsurers maintained pricing momentum as rates moderated

A range of factors from Q1 helped moderate global reinsurance rate increases.

Posted: Jul 22, 2021

The WFH impact on the cyber insurance market

Many insurers are focused on ransomware, but the rise of work-from-home culture has created other cybersecurity exposures.

Posted: Jul 22, 2021

States where higher taxes could hit the most small businesses

President Biden's corporate tax proposal could impact more than 1.4M small businesses operating as C-corps if passed.

Posted: Jul 22, 2021

Staged semi-truck accident nets couple 4 years in jail

Lawsuits stemming from the fake crash caused a trucking company and its insurer to pay out $4.7M to cover the fraudulent claims.

Posted: Jul 21, 2021

Agents, here's how to reach business decision-makers

Knowing how to connect with CFOs can be the key to turning a prospect into a client.

Posted: Jul 21, 2021

New Missouri law safeguards insurers from excessive arbitration awards and findings

The legislation provides clarity on the rights of claimants, tortfeasors, and the tortfeasor’s insurers.

Posted: Jul 21, 2021

States with the most small businesses at risk of higher taxes

President Biden's corporate tax proposal could impact more than 1.4M small businesses operating as C-corps if passed.

Posted: Jul 21, 2021

Midyear surplus lines premiums trending to exceed 2020 activity

The 15 U.S. stamping offices reported more than $24 billion in surplus lines premiums for the first half of 2021.

Posted: Jul 21, 2021

Words of Wisdom: James Quiggle

Quiggle monitored the fraudulent activities of countless bad actors, protecting policyholders and insurers around the globe.

Posted: Jul 21, 2021

States with the highest flood insurance costs

While there is a connection to flood risk and Southern states, the five states with the most expensive flood policies are north of the Mason-Dixon Line.

Posted: Jul 21, 2021

Data breach leads to class action lawsuits against hospital

The plaintiffs allege the hospital should have foreseen the breach due to the information it stores and the increasing number of cyberattacks.

Posted: Jul 20, 2021

Insurance coverage for damage caused by a deceased tenant

Coverage Q&A: Body fluids caused damage to the insured's hardwood floors.

Posted: Jul 20, 2021

Around the P&C insurance industry: July 21, 2021

News from Alera Group, Beazley, Beazley and more.

Posted: Jul 20, 2021

Executive Insights: Sedgwick Executive Chairman Dave North

This longtime industry leader believes 'insurance is a noble calling.'

Posted: Jul 20, 2021

EU signals approval for Aon-WTW deal but with conditions

While the deal is moving along in Europe, U.S. regulators could stall its momentum.

Posted: Jul 20, 2021

Nearly 30% of Americans victims of insurance-related ID fraud

Interestingly, a study found that family members were the most likely bad actors behind identity theft crimes.

Posted: Jul 19, 2021

Glassdoor: 2021’s Top P&C insurance CEOs

In total, 150 executives made Glassdoor’s list of 2021’s Top CEOs but only these four are from the P&C insurance sector.

Posted: Jul 19, 2021

Fla. appellate ruling allows policyholders to record insurance appraisals

An expectation of privacy does not apply to insurers going into a policyholder's home to inspect or appraise a property, finds the court.

Posted: Jul 19, 2021

The work-related soft tissue injury risks lurking at home

From ergonomically challenged workspaces to a shift in mind frames, working from home hosts a range of soft-tissue injury risks.

Posted: Jul 19, 2021

Professional liability risk considerations in telemedicine

More patients opting for digital health services increases the potential for medical malpractice, misdiagnosis, and errors & omissions.

Posted: Jul 19, 2021

Restaurants ask N.C. Supreme Court to hear business interruption case

The case is one of the rare instances where the policyholder prevailed in a pandemic-related insurance coverage dispute.

Posted: Jul 19, 2021

German death toll nears 200 after worst floods in decades

Hundreds of people remain missing after floods swept away homes, roads, and bridges, devastating parts of western Germany.

Posted: Jul 19, 2021

How global insurers rank on responsible investment practices

A study found that none of the world's top insurers demonstrated "leading practice" in climate-friendly investing and underwriting.

Posted: Jul 19, 2021