NU Property & Casualty 360

Making a difference: January 26, 2024

Philanthropic insurance news from Amica Insurance and more.

Posted: Jan 25, 2024

Insurers willing to take on more investment risks, Conning reports

More than half of insurance investment professionals expect to increase allocations in private equity and private credit in the coming years.

Posted: Jan 25, 2024

Insurance agents can help customers protect pipes from winter weather

How can you best prepare clients who may assume they are safe from bursting pipes?

Posted: Jan 25, 2024

65% of full-time employees are still burned out, study finds

Most (88%) employees said it is more important for them to have a job they find personally fulfilling.

Posted: Jan 24, 2024

Vehicles with the highest collision claim losses

The two main factors the IIHS used to determine overall collision losses were claims frequency and claim severity.

Posted: Jan 24, 2024

Virginia court sides with injured worker, ruling temporary total disability claim was timely filed

The worker claimed her injury was initially misdiagnosed, which caused a necessary surgery to be delayed for years.

Posted: Jan 24, 2024

Number of NFIP-covered homes with severe, repetitive losses growing

More than 20% of these properties are outside of designated flood zones, according to the Natural Resources Defense Council.

Posted: Jan 24, 2024

Why pet parents love pet insurance

Protection affection: Millennials and Gen Z have been known to spend more on their pets than on themselves.

Posted: Jan 24, 2024

Data breaches reached new highs in 2023, smashing old record

The number of reported compromises was 72% higher than the previous record, the ITRC reports.

Posted: Jan 24, 2024

The power of data and the ‘enlightened’ agency

Jason Keck, founder and CEO of Broker Buddha, joins us for a discussion on modernizing agency practices and effectively using data.

Posted: Jan 23, 2024

Proposed class action raises question of insurers' obligation to pay for loss-of-value damages

Are carriers responsible for the loss of value a third party’s vehicle sustains after an accident caused by a policyholder?

Posted: Jan 23, 2024

Around the P&C insurance industry: January 24, 2024

Insurance industry news from Alta Signa, Kennedys, AgencyBloc and more.

Posted: Jan 23, 2024

Can telematics cure America's distracted driving problem?

Arity reported a 30% increase in the average amount of distracted driving per mile from 2019-2023.

Posted: Jan 23, 2024

Amazon phasing out UK Insurance Store

The online retail giant launched the home insurance aggregator in October 2022.

Posted: Jan 23, 2024

10 insurtechs to watch in 2024

These firms have the people, products and performance metrics to fully modernize insurance, according to the InsureTech Connect Forward50 Americas report.

Posted: Jan 23, 2024

The best U.S. cities to be an insurance agent

The top ten best cities for insurance agents are concentrated in three southwestern states.

Posted: Jan 22, 2024

New licensing requirement for New Jersey home contractors brings needed change

Restitution would be easier for consumers without the need to go to court and engage in litigation with a contractor.

Posted: Jan 22, 2024

Empathy remains critical in a tech-enabled insurance industry

In 2024, empathy will drive insurance customer retention and operational efficiency.

Posted: Jan 22, 2024

Insurance coverage Q&A: Extra expense for cannabis manufacturers loss in rented property

When a cannabis manufacturer sustains a loss in a rented building, can extra expense be used for cleaning the property?

Posted: Jan 22, 2024

North Carolina home insurers seeking 42% rate increase

Coastal properties could face rate increases as high as 99%, according to the state insurance commissioner.

Posted: Jan 22, 2024

How solar photovoltaic structures reduce insurer risk

Some of the risks related to solar photovoltaic structures are not widely recognized or understood.

Posted: Jan 22, 2024

Most trusted U.S. home insurance companies in 2024

Lifestory Research surveyed more than 8,400 Americans about their home insurer during the past 12 months.

Posted: Jan 21, 2024

Who's using what in P&C insurance: January 22, 2024

Insurance technology news from Foxquilt, Bees360, Verisk and more.

Posted: Jan 21, 2024

Renting still less expensive than owning in nearly all of U.S.

Both rent and housing costs escalated in 2023, but rents are rising faster

Posted: Jan 21, 2024

6 Reasons for insurance premium increases

Higher prices are impacting insurance customer satisfaction. It can help to educate insureds about the whys.

Posted: Jan 21, 2024