NU Property & Casualty 360

Now is the time to work on your agency business

Agency operations will eventually return to normal. Here are ideas on where to focus energy today as an investment for the future.

Posted: Oct 21, 2020

Amid growing ransomware attacks, OFAC pushes private sector, FBI cooperation

While a recent advisory from OFAC is hoping to push companies impacted by ransomware into the arms of the FBI and other law enforcement agencies, businesses that are fearful of losing control over the subsequent investigation may be reluctant to comp...

Posted: Oct 21, 2020

In business interruption claims, minutia could mean millions

Several approaches can be used to determine losses related to a business interruption claim.

Posted: Oct 21, 2020

Advisory pushes companies to seek FBI guidance with cyberattacks

Businesses may be reluctant to approach federal agencies in the wake of an attack over fears of losing control over the investigation.

Posted: Oct 21, 2020

Unlicensed agency employee charged with fraud in Calif.

The accused allegedly followed the orders of a licensed agent, who also faces charges for putting clients' coverage and information at risk.

Posted: Oct 21, 2020

The state of the P&C insurance marketplace

COVID-19 and other trends have accelerated changes in an already rapidly evolving insurance market.

Posted: Oct 21, 2020

Unexpected risks car insurance covers

Car insurance policies include damage sustained from falling objects – and yes, that includes meteors.

Posted: Oct 21, 2020

Assessing these emerging risks will help insureds prepare for the future

Identifying the threats that matter to insureds today will hopefully stimulate a debate about how they can be mitigated for tomorrow.

Posted: Oct 21, 2020

The state of the global P&C insurance marketplace

COVID-19 and other trends have accelerated changes in an already rapidly evolving insurance market.

Posted: Oct 21, 2020

Prepararnos para el futuro requiere una evaluación de los riesgos emergentes

Identificar las amenazas que importan a los asegurados hoy ayudará a mitigar esos riesgos en el futuro.

Posted: Oct 20, 2020

3 ways open ecosystems help P&C insurers thrive

Insurers are awash in data but only benefit from it with improved access and analytics.

Posted: Oct 20, 2020

Deciding occurrence when DIY repair causes loss years later

Coverage Q&A: The insured repaired power lines that were damaged when installing underground fiber-optic cables.

Posted: Oct 20, 2020

The 10 Powers of brand-building (Part 4)

In the final episode of a four-part series, marketing expert Peter van Aartrijk breaks down the greatest component in building a successful brand.

Posted: Oct 20, 2020

Around the P&C insurance industry: October 21, 2020

News from Patra, CFC, Mercury Insurance and more.

Posted: Oct 20, 2020

The 10 'Powers' of brand-building — Part 4

In the final episode of a four-part series, marketing expert Peter van Aartrijk breaks down the greatest component in building a successful brand.

Posted: Oct 20, 2020

Trump denies, then approves, California's request for wildfire relief aid

In an appeal for federal aid, Calif. Gov. Newsom asserted infrastructure damage estimates for 2020 fires exceeded $229 million.

Posted: Oct 20, 2020

Court: Broker not liable for COVID-19 business interruption claim denial

The case is one of the first to consider insurance producer liability in COVID-19 lawsuits.

Posted: Oct 20, 2020

The 10 highest-paying college majors in 2020

For its bachelor's degree study, PayScale collected compensation data on 835 majors at 1,736 colleges and universities across the U.S.

Posted: Oct 20, 2020

Lawsuits seeking refunds for COVID-canceled flights hit turbulence

Federal judges dismissed cases against Norwegian Air Shuttle and Deutsche Lufthansa, concluding they did not breach passenger contracts.

Posted: Oct 19, 2020

5 steps to recovering from a ransomware attack

Ransomware attacks have grown in frequency and severity this year with an average cost of $4.4 million.

Posted: Oct 19, 2020

Ensuring data accuracy to avoid costly errors and delays

Proper software testing avoids delays and errors. It also allows firms to harness the power of big data in a cost-effective manner.

Posted: Oct 19, 2020

Trump denies, then approves, California's aid request for wildfire relief

In an appeal for federal aid, California Gov. Newsom asserted infrastructure damage estimates for 2020 fires exceeded $229 million.

Posted: Oct 19, 2020

Liberty Mutual faces backlash for 'fueling the climate crisis'

Despite the insurer's move to restrict coal coverage, its policies fail to achieve 'meaningful action to address climate change," say activists.

Posted: Oct 19, 2020

Are you missing the evolution in contractors’ professional liability insurance?

Today's contractors must thoroughly understand all of their exposures.

Posted: Oct 19, 2020

Insurance underwriters may face more tax liabilities under Biden plan

Among other provisions, the Democratic presidential nominee's tax plan calls for raising the corporate tax rate.

Posted: Oct 19, 2020