NU Property & Casualty 360

People on the move in the P&C insurance industry: December 15, 2023

The latest insurance industry personnel news from Ryan Transactional Risk, XPT Specialty, Markel and more.

Posted: Dec 14, 2023

Insurance coverage Q&A: Mismatched tiles & appraisal

When a mismatched title floor is damaged, should the appraisal include costs to replace the entire floor or just broken portions?

Posted: Dec 14, 2023

Marsh Islands forcible dissolves insurer of oil tanker shadow fleets

The company offered insurance and took on risk, violating rules governing non-resident entities, a spokesperson International Registries, Inc said.

Posted: Dec 14, 2023

Cyber insurance: The most valuable spend for any business

Many insureds don’t have a full understanding of how this coverage works or why it's become essential.

Posted: Dec 14, 2023

Tesla's massive recall, from the perspective of a claims professional

Insurance experts predict this is a sign of things to come as cars become more tech-laden.

Posted: Dec 14, 2023

Fostering diversity, equity and inclusion in the insurance landscape

Diversity is not just a buzzword; it's a strategic imperative for the insurance industry.

Posted: Dec 13, 2023

Staying chill behind the wheel this winter

Winter weather-related crashes cause more than 1,300 fatalities and injure more than 116,800 people each year, according to the FHWA.

Posted: Dec 13, 2023

Anticipating a surge: South Florida braces for rise of floods, lawsuits

Residents are blaming antiquated infrastructure in Miami-Dade and Broward Counties, compounded by rising sea levels, king tide, and stormwater flooding.

Posted: Dec 13, 2023

Insurance marketing trends to deploy in 2024

P&C companies increased paid social spending by nearly 30% during 2023’s second quarter, according to Mintel.

Posted: Dec 13, 2023

Leveraging the growth of the surplus lines market

The U.S. surplus lines market has seen double-digit growth in recent years for a reason: It’s a reliable solution.

Posted: Dec 13, 2023

Around the P&C insurance industry: December 13, 2023

Insurance industry news from Novidea, Mallory Agency, BirdsEyeView and more.

Posted: Dec 12, 2023

December tornadoes devastate middle Tennessee

This storm comes just two years – almost to the day – after an EF-4 tornado swept a 165-mile path through the same region.

Posted: Dec 12, 2023

5 Surprising details that influence home insurance costs

The intricacies and complexities of insurance are a top reason homeowners benefit from consulting an agent or broker.

Posted: Dec 12, 2023

Emojis get thumbs up for business communications, but exclusions apply

More 60% of PropertyCasualty360.com readers say emojis and text abbreviations have a place in business communications.

Posted: Dec 12, 2023

Risk management professionals' salaries up nearly 7% since 2021

Enterprise risk management directors and professionals with long tenures saw pay grow by double digits in the past two years.

Posted: Dec 12, 2023

Connecticut court affirms no duty to indemnify auto crash injuries under home, umbrella policies

The case involves an intoxicated teen driver, who got into an accident and injured a passenger.

Posted: Dec 11, 2023

Pa. governor signs bill stemming flood insurance costs into law

New FEMA maps drawn in 2012 included many more homes in flood zones that required flood insurance than previous maps.

Posted: Dec 11, 2023

How AI technology can help reduce water waste

Water damage caused by leaks is becoming an uninsurable risk, but emerging technology can help.

Posted: Dec 11, 2023

U.S. on track to see fewest wildfires in two decades

California is in the midst of its third consecutive mild wildfire season, Triple-I reports.

Posted: Dec 11, 2023

The best insurers for SR-22 auto coverage

Drivers who engage in reckless behavior behind the wheel may find themselves required to file an SR-22.

Posted: Dec 11, 2023

Senior attorney at string of major insurers joins giant AAA affiliate as CLO

April Savoy has taken the legal reins of AAA Auto Club Enterprises, which has 14,000 employees and serves 17 million AAA members in 21 states.

Posted: Dec 10, 2023

Who's using what in P&C insurance: December 11, 2023

Insurance technology news from Nearmap, Cytora, Synpulse and more.

Posted: Dec 10, 2023

Property insurance rate increases may be softening

Inflation, climate and catastrophic losses, and reinsurance costs could all disrupt this slightly optimistic forecast.

Posted: Dec 10, 2023

Looking back at 2023's aviation claims trends

A rise in ground-handling incidents has been one of the key challenges with post-pandemic recovery and growth.

Posted: Dec 10, 2023

AM Best: Top private flood carriers of 2023

Private carriers now account for slightly more than 32% of the overall flood insurance market.

Posted: Dec 10, 2023