NU Property & Casualty 360

‘We need clarity’: Ga. House weighs bill to study impact of tort reform

A bill described as “the first part of Gov. Brian Kemp’s multiyear approach to tort reform,” received a favorable Georgia House Insurance Committee reading on February 15.

Posted: Feb 19, 2024

Best practices for hiring the next generation of independent adjusters

Today's hiring managers should emphasize meaningful work, technology-driven solutions and balance/flexibility.

Posted: Feb 19, 2024

Workers’ comp professionals are preparing with purpose

The NCCI’s chief executive shares insights from the organization’s annual survey of workers’ comp carriers.

Posted: Feb 19, 2024

In Southwest Florida, home insurance costs are driving away would-be buyers

A buildup in housing inventory has caused home prices to fall at some of the fastest rates in the nation.

Posted: Feb 19, 2024

Who's using what in P&C insurance: February 19, 2024

Insurance technology news from BMS, American Church Group, VIU by HUB and more.

Posted: Feb 18, 2024

Property & casualty insurance in 2024: The case for optimism

Review five trends signaling fresh beginnings in the P&C sector and brighter futures.

Posted: Feb 18, 2024

Locations with the most wheel, tire theft claims in Q4 2023

Chicago and Seattle saw the biggest year-on-year increases in wheel and tire theft claims, WheelNet reports.

Posted: Feb 18, 2024

People on the move in the P&C insurance industry: February 16, 2024

The latest insurance industry personnel news from Compre, Ardonagh Specialty, Michelman & Robinson and more.

Posted: Feb 15, 2024

Making a difference: February 16, 2024

Philanthropic insurance news from Fathom, Empire Auto Parts and more.

Posted: Feb 15, 2024

The handoff: Making agency life more appealing to upcoming generations

Millennials and Gen Z both show traits and interests that are well aligned with insurance agent careers.

Posted: Feb 15, 2024

Cyber insurance sector to see continued robust growth

Despite some challenging years, cyber insurance is the fastest growing P&C segment, the Triple-I reports.

Posted: Feb 15, 2024

These regulatory changes could impact future property claims

Like the changing of a calendar year, updates to building codes and other property regulations are inevitable.

Posted: Feb 15, 2024

New England insurance company brings subrogation lawsuit against Paccaar

The insurance company argued that the defendants were negligent and are liable for the $170,000 policy paid to the insured for the damages caused by a fire, the complaint said.

Posted: Feb 14, 2024

Debunking common auto policy myths

Misinformation about insurance is rampant, and it can be difficult for customers to separate fact from fiction.

Posted: Feb 14, 2024

The wild world of insurance in 2024: Stiffening competition, AI & generation gaps

Can artificial intelligence replace the insurance industry's reliance on historical data?

Posted: Feb 14, 2024

Insurance fraud fighters are planning to accelerate adoption of AI tools

While AI and ML tools garner interest, their adoption for fraud detection has only increased by around 5% since 2019.

Posted: Feb 14, 2024

How the 'employee voice' can boost insurance operations

Recent employment trends illustrate the value of employee-driven strategies for improving business performance.

Posted: Feb 14, 2024

Generative AI and the transformation of insurance knowledge work

AI won’t replace people, but people who use AI will.

Posted: Feb 13, 2024

Florida's new normal: Rising sea levels, king tides & stormwater flooding

Review how home insurance rates play a role in the push for more flood-resistant communities.

Posted: Feb 13, 2024

Around the P&C insurance industry: February 14, 2024

Insurance industry news from K2 OCONUS, GBN Worldwide, AgencyBloc and more.

Posted: Feb 13, 2024

Georgia auto dealer accused of selling unauthorized insurance product

While deductible benefits aren’t unlawful in Georgia, not filing the products with the state’s insurance regulator is.

Posted: Feb 13, 2024

How runaway verdicts contribute to inflation

Here's why verdicts become 'nuclear,' says Complex Claims & Litigation Forum speaker and longtime attorney Jeff Vernis.

Posted: Feb 13, 2024

8 Signs that a tree could cause property damage

Minimal observation and preventive care can make a major difference in how a tree withstands a storm.

Posted: Feb 13, 2024

7 reasons why insurance claims are denied

If an insured finds themself on the receiving end of a denied claim, there are steps they can take.

Posted: Feb 12, 2024

Safeguarding employee mental health from AI anxiety

Employees are less likely to have anxiety about new procedures or technology advancements when you foster a culture of trust and openness.

Posted: Feb 12, 2024