NU Property & Casualty 360

SEC climate disclosure rule paused due to legal challenges

The SEC said it will resume implementing the rule depending on the resolution of the legal challenges.

Posted: Apr 09, 2024

The ZIP codes most affected by State Farm's California pullback

State Farm currently holds around 8.7% of all home insurance policies in California.

Posted: Apr 09, 2024

A key U.S. inflation metric doesn't count home insurance

The average cost of insuring a U.S. home last year was $1,905 — 50% higher than 2019.

Posted: Apr 09, 2024

How would a major earthquake impact New York City?

Manhattan island in particular features unique seismic hazards, says Megan Linkin with Swiss Re Corporate Solutions.

Posted: Apr 09, 2024

Around the P&C insurance industry: April 10, 2024

Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.

Posted: Apr 09, 2024

A guide to mastering remote-work risk

Ensuring the safety and well-being of remote employees demands a modern, proactive approach.

Posted: Apr 09, 2024

Cities that saw the most insurance fraud in 2023

Workers’ compensation and auto theft are the most common fraudulent P&C claims, says CAIF.

Posted: Apr 09, 2024

Getting ahead of common springtime home insurance claims

Policyholders can take steps to prevent their policy premiums from climbing due to preventable claims.

Posted: Apr 08, 2024

NAIC targets coverage gaps with national climate strategy

The climate strategy was developed under the coordination of the NAIC's Climate and Resiliency Task Force.

Posted: Apr 08, 2024

Dog bite and injury claims exceeded $1 billion in 2023

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

Seeking workers' comp risk management experts

The nomination deadline is looming for the 2024 Workers’ Comp Risk Management Award for Excellence.

Posted: Apr 08, 2024

3 ways to improve cyber hygiene

A single training session and advanced software are not enough to maintain robust cybersecurity.

Posted: Apr 08, 2024

Outsmarting vishing: Balancing emotions and logic for protection

Cybercriminals uses emotional manipulation to overcome vishing victims' common sense and cybersecurity training.

Posted: Apr 08, 2024

Nations with the highest resilience to physical risks in 2024

FM Global reports that countries that rank among the top 50 most resilient recover from property losses 30% faster than other locations.

Posted: Apr 07, 2024

Florida's property insurance market is showing some promise

Eight property and casualty insurers have recently been approved to enter the Florida market.

Posted: Apr 07, 2024

Risk engineer insights: Navigating commercial property risks in 2024

Scott Ewing of AXA XL Risk Consulting discusses modern loss prevention measures for commercial properties.

Posted: Apr 07, 2024

Feds double-down on financial services cybersecurity warnings

Cyberthreat actors are increasingly using AI to perpetuate fraud, the U.S. Treasury Department reports.

Posted: Apr 07, 2024

Who's using what in P&C insurance: April 8, 2024

Insurance technology news from The Black Car Fund with CLARA Analytics technology.

Posted: Apr 07, 2024

The last total eclipse coincided with a big increase in car crashes

Travelers Insurance’s auto expert offers tips to help drivers stay safe during this year’s celestial event.

Posted: Apr 07, 2024

Early forecast calls for 'well above-average' 2024 hurricane season

There is a 62% chance that a major hurricane will make landfall along the U.S. coastline.

Posted: Apr 04, 2024

People on the move in the P&C insurance industry: April 5, 2024

The latest insurance industry personnel news from Safety National, Novidea, USQRisk and more.

Posted: Apr 04, 2024

Can AI improve the predict and prevent paradigm?

AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.

Posted: Apr 04, 2024

Pregnant mom hit by toddler driving Model X sues Tesla

The 2018 incident caused several pelvic fractures and premature birth of the infant. The lawsuit alleges defective design, negligence and consumer fraud.

Posted: Apr 04, 2024

Are dog-related distracted driving laws needed?

Americans are divided evenly on the necessity of requiring dog restraints in cars, according to Erie Insurance.

Posted: Apr 04, 2024

As 'Social Inflation' Helps Fuel 'Nuclear' Verdicts, Insurers Address 'Legal System Abuse'

In this week's Legal Speak episode, James Whittle with the American Property Casualty Insurance Association dives into the impact of what the organization has dubbed "legal system abuse" as social inflation—the belief that large corporations are "bad...

Posted: Apr 04, 2024