NU Property & Casualty 360

7 commercial insurance exposures from the Baltimore bridge collapse

Insurance experts analyze who was involved from a coverage and liability perspective.

Posted: Apr 04, 2024

These states have the most pedestrian traffic fatalities

In the first half of 2023, drivers in the United States struck and killed 3,373 pedestrians, according to data from the GHSA.

Posted: Apr 03, 2024

White House urges responsible, transparent AI use

Federal leaders in the U.S. want AI safeguards akin to those being developed by the insurance industry.

Posted: Apr 03, 2024

Swiss Re taps Andreas Berger as next group CEO

Andreas Berger is succeeding Christian Mumenthaler, who is stepping down on July 1, 2024.

Posted: Apr 03, 2024

D&O insurance market outlook sours

Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.

Posted: Apr 03, 2024

Insurance coverage Q&A: Vacant or unoccupied?

Whether a property is vacant or simply unoccupied makes a difference when coverage is involved.

Posted: Apr 03, 2024

Recent North Carolina quakes highlight importance of earthquake endorsements

Much like flooding, earthquakes are not typically covered by a standard home insurance policy.

Posted: Apr 03, 2024

Baltimore bridge collapse may trigger historic marine loss, says Lloyd's CEO

Barclays estimated that insurers face claims of as much as $3 billion following the accident.

Posted: Apr 02, 2024

What is synthetic data, and how are insurers using it?

Advances in generative AI have enhanced the accuracy of synthetic data, which makes it a valuable tool.

Posted: Apr 02, 2024

Top 10 P&C carriers for all lines in 2023 based on NAIC report

Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.

Posted: Apr 02, 2024

Around the P&C insurance industry: April 3, 2024

Insurance industry news from Arch Insurance, NFP, PCF Insurance Services and more featured in weekly update.

Posted: Apr 02, 2024

Rise in mental health leaves of absence call for proactive measures

ComPsych data shows that within the past six years, mental health-related leaves of absence have increased a shocking 300%.

Posted: Apr 02, 2024

On the road to excellence: Workers' comp insights from the WCI

Andrew Sabolic of the WCI discusses the organization’s work and what makes an excellent workplace safety program.

Posted: Apr 02, 2024

Major earthquake sparks tsunami concerns in Taiwan

The island nation produces more than half of the world's laptops, motherboards and network devices.

Posted: Apr 02, 2024

Mississippi Supreme Court rules worker's fall from scaffolding is 'auto accident'

The worker who fell hit his head and suffered severe damage to his eye socket.

Posted: Apr 01, 2024

Don’t overlook these small business risks

A survey from Pie Insurance highlights the less visible risks keeping business owners up at night.

Posted: Apr 01, 2024

Futureproofing for insurers: The power of AI and hyper-personalization

Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.

Posted: Apr 01, 2024

Are EV sales beginning to slump?

Recent sales statistics indicates the electronic vehicle market is down but not out.

Posted: Apr 01, 2024

Integrating AI with marketing efforts to increase leads

Most auto and homeowners insurers are using AI tools in their marketing efforts to reach new policyholders.

Posted: Apr 01, 2024

Rate of fatal traffic crashes in U.S. continue to decline

The final quarter of 2023 was the seventh consecutive period to see a decline in roadway deaths.

Posted: Apr 01, 2024

How homeowners can increase property resiliency in a catastrophe

Fortifying the property and understanding the nuances of homeowners insurance coverage mitigates losses for insureds and insurers.

Posted: Apr 01, 2024

States with the largest discrepancies in mileage reported to insurers

The average U.S. driver travels around 13,450 miles each year, Insurify reported.

Posted: Mar 31, 2024

Who's using what in P&C insurance: April 1, 2024

Insurance technology news from atNorth, ZestyAI, Ki and more.

Posted: Mar 31, 2024

Florida towing law tackles overbilling, other illegal practices

Unscrupulous towing operators have changed as much as $10,000 for a routine tow, the NICB reports.

Posted: Mar 31, 2024

Solar panel popularity demands better property valuations

Many insureds want to install photovoltaic panels, but experts report inconsistencies in equipment valuations.

Posted: Mar 31, 2024