NU Property & Casualty 360
High winds from these storms reportedly cut power to more than 250,000 customers across the south on Wednesday.
Posted: Apr 11, 2024
One in five ultra-wealthy individuals plan to invest in real estate during 2024, according to Knight Frank.
Posted: Apr 11, 2024
The latest insurance industry personnel news from Swiss Re, RT Specialty, bolt and more.
Posted: Apr 11, 2024
Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.
Posted: Apr 11, 2024
The contractor underreported payroll by nearly $1 million to lower his workers’ comp premium.
Posted: Apr 11, 2024
The contractor underreported payroll by nearly $1 million to lower his workers’ comp premium.
Posted: Apr 11, 2024
The sector’s gross written premiums have been growing by 20%-30% annually since 2020.
Posted: Apr 10, 2024
Insurance companies are in a unique and powerful position to influence behaviors.
Posted: Apr 10, 2024
Labor and employment class actions accounted for 43.4% of legal departments' class action matters in 2023 – an increase of nearly 10 percentage points from a year earlier.
Posted: Apr 10, 2024
Estimates from the NHTSA also showed that traffic deaths of people ages 15 to 24 increased 6% in the first half of 2023 compared to the same period in 2022.
Posted: Apr 10, 2024
As auto thefts rise across the country, lawmakers are considering measures to stem the tides.
Posted: Apr 10, 2024
AI-driven chat bots could streamline recovery efforts and claims payouts based on comprehensive, portfolio-wide insights.
Posted: Apr 10, 2024
The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.
Posted: Apr 10, 2024
The SEC said it will resume implementing the rule depending on the resolution of the legal challenges.
Posted: Apr 09, 2024
State Farm currently holds around 8.7% of all home insurance policies in California.
Posted: Apr 09, 2024
The average cost of insuring a U.S. home last year was $1,905 — 50% higher than 2019.
Posted: Apr 09, 2024
Manhattan island in particular features unique seismic hazards, says Megan Linkin with Swiss Re Corporate Solutions.
Posted: Apr 09, 2024
Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.
Posted: Apr 09, 2024
Ensuring the safety and well-being of remote employees demands a modern, proactive approach.
Posted: Apr 09, 2024
Workers’ compensation and auto theft are the most common fraudulent P&C claims, says CAIF.
Posted: Apr 09, 2024
Policyholders can take steps to prevent their policy premiums from climbing due to preventable claims.
Posted: Apr 08, 2024
The climate strategy was developed under the coordination of the NAIC's Climate and Resiliency Task Force.
Posted: Apr 08, 2024
In 2023, the number of dog bite and injury claims was up 8% compared with the year prior and 110% compared with the past decade.
Posted: Apr 08, 2024
The nomination deadline is looming for the 2024 Workers’ Comp Risk Management Award for Excellence.
Posted: Apr 08, 2024