NU Property & Casualty 360

When the going gets tough, insurers get giving

Pulling back in tough times is not the right approach for our business or our society.

Posted: Nov 27, 2023

NJ Supreme Court clarifies 'authorized vehicle rule' for workers' compensation claims

Review the four rules governing when an employee is ‘in the course of employment’ under New Jersey’s workers’ comp laws.

Posted: Nov 27, 2023

Three keys to a great P&C commercial programs claims team

Challenges specific to P&C commercial programs require a higher degree of understanding and expertise.

Posted: Nov 27, 2023

Novel malware attacks were up 70% during summer 2023

Over the summer, double extortion became the standard operating procedure for ransomware gangs, BlackBerry reports.

Posted: Nov 27, 2023

How insurance technology will enable more humanized experiences

Closing the gap between insurers and consumers is the essence of insurance humanization.

Posted: Nov 27, 2023

Concern for personal, financial data pervades holiday shopping season

More than 80% of consumers said past data breaches play a role when deciding where to shop.

Posted: Nov 26, 2023

Banks more hesitant to lend in areas with inaccurate flood maps

The federal maps are static and only periodically updated by the Federal Emergency Management Agency.

Posted: Nov 26, 2023

Report: Burnout, AI worries top 2024 worker wellness issues

Toxic workplaces, long hours, understaffing and lack of recognition are among trends contributing to employee burnout.

Posted: Nov 26, 2023

Thanksgiving food trends signaled healthier supply chains

But just like food-staple prices varied this Thanksgiving by category, current supply chain stresses vary by industry.

Posted: Nov 26, 2023

Digital office experience critical to attracting, retaining next gen of insurance pros

Nearly 70% of young employees indicated they would consider leaving a company if digital experience expectations were unmet.

Posted: Nov 26, 2023

People on the move in the P&C insurance industry: November 24, 2023

The latest insurance industry personnel news from Gallagher, Everest Insurance, Central Insurance and more.

Posted: Nov 23, 2023

Thanksgiving is the most dangerous holiday for driving

Nearly 50 million Americans will hit the road this Thanksgiving weekend, according to AAA.

Posted: Nov 22, 2023

NY, NJ adopt laws requiring flood risk disclosure for homebuyers, tenants

Both New York and New Jersey have adopted laws requiring the sellers of residential properties to tell buyers, and landlords to tell tenants, about known flood risks.

Posted: Nov 22, 2023

Around the P&C insurance industry: November 22, 2023

Insurance industry news from VIU, Pro MGA Global Solutions, CFC and more.

Posted: Nov 21, 2023

Vendor relationship red flags: What agents should avoid

Finding the right vendor match can be a big task.

Posted: Nov 21, 2023

Louisiana agent suspended for falsifying information, misappropriating premiums

The state insurance commissioner took emergency action to suspend the agent and his business.

Posted: Nov 21, 2023

Most insurers are leveraging the cloud, but few unlock full benefit

More than 80% of insurers use cloud infrastructure today compared with just 29% in 2020.

Posted: Nov 21, 2023

Top 2023 Thanksgiving travel destinations

Thanksgiving travelers in the U.S. tend to prioritize bustling cities with plenty of attractions, Allianz reports.

Posted: Nov 21, 2023

Class action alleges USAA Insurance arbitrarily reduced, denied claims through automated system

This case was first surfaced by Law.com Radar.

Posted: Nov 20, 2023

Keep Thanksgiving cooking fires at bay

Thanksgiving is the day when the most cooking fires occur, according to the National Fire Protection Association.

Posted: Nov 20, 2023

Managing AI risks in the insurance industry

There are real concerns and risks with adopting an AI solution too quickly.

Posted: Nov 20, 2023

New York governor signs Auto Insurance Consumer Relief Act

Insurance industry trade groups herald the new law, which allows insurers to waive pre0insurance inspections, noting it was a long time in the making.

Posted: Nov 20, 2023

Man loses workers' comp benefits after not-so-total disability caught on camera

Video surveillance revealed a man participating in activities that did not square up with his alleged total disability.

Posted: Nov 20, 2023

ChatGPT and the fight against insurance fraud

AI may be both a source of insurance fraud and a manner in which to detect and prevent it.

Posted: Nov 20, 2023

Nowhere is safe from worsening climate change, U.S. report warns

The U.S. has experienced a record-high 25 disasters this year that have generated at least $1 billion in damages each.

Posted: Nov 19, 2023