NU Property & Casualty 360

Around the P&C insurance industry: October 7, 2020

News from MyFloodInsurance.com, The Hanover, DeForest Group, and more.

Posted: Oct 06, 2020

Bookworm: Determining replacement values for vintage novels

Coverage Q&A: A house fire damaged several of the insured's decades-old books.

Posted: Oct 06, 2020

InsurTechs provide the COVID-19 perspective carriers need now

InsurTechs' thoughtful mix of technology and strategic partnerships provide a valuable lesson for businesses amidst a crisis.

Posted: Oct 06, 2020

Crime insurance failing to keep up with cybercriminal innovation

Cyber insurers fight computer fraud claims regularly. Understanding how they fight and win these cases can help form stronger insurance policies.

Posted: Oct 06, 2020

The changing landscape of COVID-19 & claims

New data from Ernst & Young highlights six risks and opportunities that insurers face in the wake of the coronavirus.

Posted: Oct 06, 2020

Crime insurance failing to keep up with cyber criminal innovation

Cyber insurers fight computer fraud claims regularly. Examine cases insurers won and why to help get a stronger policy.

Posted: Oct 06, 2020

8 travel insurance coverages insureds don’t know about

It may not cover pandemic losses, but travel insurance can still help travelers who find themselves having to manage unforeseen circumstances.

Posted: Oct 06, 2020

'Everyday injuries' covered under workers' comp in Illinois

The Illinois Supreme Court ruled on whether common activities are covered under WC if those actions are expected during work duties.

Posted: Oct 05, 2020

'USI Gives Back' campaign records 2,100 completed projects and 18,000 volunteer hours

USI says the combined impact of this year's 2,000 volunteer initiatives impacted more than 270,000 lives.

Posted: Oct 05, 2020

A look at auto policy refunds during the first COVID-19 wave

As several auto insurers face lawsuits over 'inadequate' pandemic refunds, here is how various relief programs compare to one another.

Posted: Oct 05, 2020

How to help workers navigate 2020's financial stress

Kevin Crain with Bank of America talks about options employees now have for countering COVID-19 financial hardship.

Posted: Oct 05, 2020

A look at 2020's construction risk, insurance market

Construction is an industry that may experience the delayed impact of pandemic-driven financial hardships.

Posted: Oct 05, 2020

Auto insurers' refund responses during the first COVID-19 wave

As several auto insurers face lawsuits over 'inadequate' pandemic refunds, here is how various relief programs compare to one another.

Posted: Oct 05, 2020

'USI Gives Back' campaign completes 2,100 volunteer projects this summer

USI says the combined impact of this year's 2,000 initiatives and 18,000 volunteer hours impacted more than 270,000 lives.

Posted: Oct 05, 2020

Attracting the next generation of leaders

Gen Z employees are learning the skills and gaining the knowledge to help insurers fill a wide variety of open jobs.

Posted: Oct 05, 2020

Solving the insurance-industry pay gap

Is your insurance business compensating employees fairly? This author has ideas about how to measure that.

Posted: Oct 05, 2020

Top-rated home insurers for customer satisfaction in 2020

Great service and reputation are the keys for insurers to build long-term relationships with homeowners, says a J.D. Power study.

Posted: Oct 05, 2020

What has COVID-19 taught us about cybersecurity?

Hacking and phishing activity increased by 37% in the first two months of the pandemic.

Posted: Oct 04, 2020

Why now is the time to explore insurance claims settlements

Resolving claims before the year's end enables claims handlers to release reserves, close files, and prepare for a new year.

Posted: Oct 04, 2020

Cigna: Less than half of Americans are financially resilient

This study found that workers in diverse workplaces, as well as those in jobs that offer expanded mental health services, are most likely to be resilient.

Posted: Oct 04, 2020

Who's using what in P&C insurance: October 5, 2020

Insurance technology news from Agero, Wawanesa Insurance, Argo Pro and more.

Posted: Oct 04, 2020

InsurTech funding strong in 2020 despite COVID-19 disruptions

As long as InsurTech valuations remain robust, compelling opportunities to acquire traditional insurance companies at lower valuations will continue.

Posted: Oct 04, 2020

Pandemic tops cyber risks as the biggest threat for businesses in 2020

The main risks in the next 5-10 years will relate to pandemics and infectious diseases, climate change and cyber risks, AXA says.

Posted: Oct 02, 2020

COVID-19: Class action lawsuit trends

More than 500 new class-action suits associated with the pandemic and shutdown-related matters have been filed since May.

Posted: Oct 02, 2020

How insurance can help manage an uncontrollable year

When an insurance pro takes time to understand the exact nature of an insured's risk, they can help restore a sense of control to an otherwise unruly event.

Posted: Oct 02, 2020