NU Property & Casualty 360

Court rules 'securities claim' definition covers Verizon's $24M defense costs

The decision could see application nationwide and make it more difficult to reject coverage in cases over corporate transactions.

Posted: Feb 25, 2021

U.S. tech execs, lawmakers suggest hack reporting requirement

Microsoft’s CEO said before Congress that it is time to impose a cyberattack ‘notification obligation on entities in the private sector.’

Posted: Feb 25, 2021

COVID claims development: Workers’ compensation & beyond

Part 1 of 2: A panel of experts analyzed workers' comp claims data to offer a clearer picture of COVID-19’s impact on the market.

Posted: Feb 25, 2021

Nuanced approach critical for construction insurance

Building contractors face the highest average annual cost for general liability coverage due to the inherently riskier nature of their endeavors.

Posted: Feb 25, 2021

Public event risk mitigation in the COVID-19 era

Here's how property owners can protect themselves while renting out their facilities for special events — even during the ongoing public health crisis.

Posted: Feb 25, 2021

Commercial property insurance rates rising

Rates could go up as much as 15%, but the E&S market could see more capacity as it catches investors’ attention.

Posted: Feb 24, 2021

Suspecting an employee of fraud? Here's what to do

Fraud committed by individuals against employers is one of the costliest — and most common — forms of financial crime.

Posted: Feb 24, 2021

Business interruption strife speaks to broader reputation issues

It's time the P&C industry told its good stories, rather than waiting for the next controversy.

Posted: Feb 24, 2021

Today's insurance-consumer habits reveal market opportunities

Insurance providers that adapt to meet customers' evolving needs today will be the ones that will thrive tomorrow.

Posted: Feb 24, 2021

Family sues Texas power providers for $100M after death

At least a dozen deaths have been linked to Winter Storm Uri after power grid failures robbed homes of heat and electricity for days.

Posted: Feb 24, 2021

The insurance industry's role in economic recovery

This is a pivotal moment for our industry.

Posted: Feb 24, 2021

Best states for insurance pros to retire to in 2021

These states offer affordable living, high-quality health care and more for retirees during their twilight years.

Posted: Feb 24, 2021

Auto insurance shopping, new policy volume grew in Q4 2020

LexisNexis Risk Solutions noted fourth-quarter trends suggest a return to normal shopping patterns.

Posted: Feb 23, 2021

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