NU Property & Casualty 360

Americans would be $2.5 trillion richer without income inequality

Economic growth since the mid-1970s hasn’t benefited most American workers, says a new RAND study.

Posted: Sep 28, 2020

Insurers likely to weather impact from virus-related D&O claims

Despite the COVID-19 pandemic adding extra strain to a segment facing increasing threats, insurers may be able to offset losses.

Posted: Sep 28, 2020

Using texts & selfies for insurance claims

Insurers are using these simple but powerful innovations in a new way to lower claims times and costs.

Posted: Sep 28, 2020

DOL proposes rule changes to clarify classification of independent contractors

The proposed rule adopts an “economic reality” test for determining which workers qualify as independent contractors.

Posted: Sep 28, 2020

Pandemic should prompt insurers to reexamine cybersecurity

Many companies are accelerating their digitization efforts. These sudden shifts compound cybersecurity issues.

Posted: Sep 28, 2020

DOL proposes rule changes to clarify role of independent contractors

'Employers should carefully monitor this development,' says an attorney on the proposed 'economic reality' test.

Posted: Sep 28, 2020

Top-level diversity dwindles at AIG

AIG has lost four senior Black managers in recent weeks, including two who were tasked with improving the insurer's diversity.

Posted: Sep 28, 2020

The paradox of prospecting insurance clients

Everything works — and nothing works.

Posted: Sep 28, 2020

Win for insurers: Court finds no obligation to pay full PIP expenses

Health care providers claimed an ambiguous PIP policy meant their patients were entitled to full reimbursement for medical treatments.

Posted: Sep 28, 2020

Most common insurance complaints from consumers

What area of insurance do consumers file the most grievances with: claims handling, policyholder services, or underwriting?

Posted: Sep 28, 2020

Insurance coverage options to safeguard volunteers

Nonprofits may incorrectly assume their volunteers are covered under workers' compensation or general liability policies.

Posted: Sep 27, 2020

SEC warns of rise in 'credential stuffing' cyberattacks

Client login credentials that are compromised can result in loss of customer assets and unauthorized disclosure of personal information.

Posted: Sep 27, 2020

Is your agency a victim of oversharing?

As insurance professionals, protection of client data must be a critical consideration when selecting technology solutions.

Posted: Sep 27, 2020

Who's using what in P&C insurance: September 28, 2020

Insurance technology news from Mennonite Mutual, AmTrust Financial, ONE Insurance and more.

Posted: Sep 27, 2020

Getting the truth: What is your insured really saying?

With social distancing and masks, insurance adjusters need to ‘read between the lines’ when it comes to discerning what an insured is or isn’t sharing.

Posted: Sep 25, 2020

Remembering Justice Ruth Bader Ginsburg's career

Justice Ginsburg became a cultural icon of sorts during her career.

Posted: Sep 25, 2020

FDA to verify Intentional Adulteration rule compliance in 2021

Now is the time to help food facility clients prepare for the FDA's impending food defense plan 'quick checks.'

Posted: Sep 24, 2020

Five ways agents can build a strong, competition-ready brand

Insurance agents must be visible in the market to attract new customers and rise above the competition.

Posted: Sep 24, 2020

Captive insurance uptake rises amidst ongoing 2020 pandemic threats

As the global pandemic continues to disrupt economic conditions and create new risks, and even before COVID-19, more organizations are turning to the…

Posted: Sep 24, 2020

Difficult renewals: How to underscore your value

Here are five ways to produce the desired premiums and coverage for clients in spite of challenging market conditions.

Posted: Sep 24, 2020

People on the move in the P&C insurance industry: September 25, 2020

Recent career move news from Beach & Associates, Beazley, KMRD Partners and more.

Posted: Sep 24, 2020

House vote prevents NFIP lapse, pending Senate approval

The House budget bill would grant the NFIP — set to expire Sept. 30 — its 16th short-term extension since 2017.

Posted: Sep 24, 2020

What is the right balance of digitization and human touch?

“There is a time for everything: a time for human guidance and a time for digitization," says this contributor.

Posted: Sep 24, 2020

Worried about COVID-19? Employers can still require you to return to work

Employees may face pay cuts if they refuse to return to the office amidst the pandemic.

Posted: Sep 24, 2020

Best new cars for new drivers in 2020

Safety should remain top of mind when selecting a vehicle for a teenager or any other new driver.

Posted: Sep 24, 2020