NU Property & Casualty 360

Insurance carriers with the lowest cost, full-coverage auto

Full coverage auto insurance costs more than double the price of minimum-required coverage, according to Nerdwallet.com

Posted: Nov 19, 2023

Who's using what in P&C insurance: November 20, 2023

Insurance technology news from Great American, INSTANDA, One Inc and more.

Posted: Nov 19, 2023

Jets from Brazil: Maryland insurance officials welcome Brazilian regulator

The Maryland Insurance Administration hosted the South American regulator as part of the NAIC’s International Fellows Program.

Posted: Nov 19, 2023

Remote workers outperform on-site teams, embrace diversity and innovation

Aquent reports that 67% of remote teams are identified as high-performing versus only 47% of on-site teams.

Posted: Nov 19, 2023

The Dirty Dozen: 2023 Fraud Hall of Shame

A dozen new fraudsters enter the Coalition Against Insurance Fraud's Hall of Shame in 2023.

Posted: Nov 19, 2023

Making a difference: November 17, 2023

Philanthropic insurance news from National Council on Compensation Insurance, Main Street America Insurance NFP.

Posted: Nov 16, 2023

People on the move in the P&C insurance industry: November 17, 2023

The latest insurance industry personnel news from National Safety Council, Ardonagh Specialty, Acuity and more.

Posted: Nov 16, 2023

Pennsylvania court clarifies if CBD should be covered under workers' comp

After a lawyer supplied his employer with his CBD oil prescription and receipts, the firm refused to reimburse him on the basis that the oil isn't a pharmaceutical drug.

Posted: Nov 16, 2023

The strategic edge of employee engagement in claims resolution

Enlightened insurance leaders know the true catalyst for successful claims resolution lies in engaging employees.

Posted: Nov 16, 2023

What is a managing general agent?

MGAs can offer insurers a cost-effective entry into new or niche markets without having to make the typical expenditures associated with expansion.

Posted: Nov 16, 2023

Judgment preservation insurance emerges as a valuable risk management option

The increasing popularity of JPI suggests insureds are discovering that it is a very useful tool to mitigate risk.

Posted: Nov 15, 2023

The least expensive states to start a business

The U.S. Bureau of Labor Statistics reports that over the last two decades, around 20% of new businesses failed within the first two years.

Posted: Nov 15, 2023

Colorado insurance regulator seeks ALE extensions for Marshall Fire region

Many policyholders would find even a short ALE extension meaningful, the state insurance commissioner said.

Posted: Nov 15, 2023

U.S. businesses drastically misjudging flood risks, Chubb reports

Nearly half of brokers surveyed by Chubb said their clients don’t request flood insurance quotes.

Posted: Nov 15, 2023

The vital role of training and development in the surety industry

Surety is unique with regulations and specialized practices. Tailored education opportunities are essential.

Posted: Nov 15, 2023

Around the P&C insurance industry: November 15, 2023

Insurance industry news from Canopius Group, WTW, Coalition and more.

Posted: Nov 14, 2023

Road to profitability: How are you adapting to radical changes in U.S. insurance?

As an industry, insurers have to ask themselves some tough questions now in order to navigate the future they all face.

Posted: Nov 14, 2023

Insurance and liability issues in the gig economy

Gig workers are generally compensated as 1099 independent contractors and have control to set their own schedules.

Posted: Nov 14, 2023

Unplugged: How moderating tech use can improve productivity, effectiveness

Focus is the base requirement for critical thinking and relationship development. Distractions prevent focus.

Posted: Nov 14, 2023

The current state of professional liability insurance

Argo Pro President Mary Henderson explains why this market isn't hardening in the same way as other insurance lines.

Posted: Nov 14, 2023

AM Best: Top standalone cyber carriers of 2023

Separate cyber insurance (as opposed to umbrella coverage) can be essential to recovering from a data breach.

Posted: Nov 14, 2023

Cyber 'cat bonds' move closer to hitting public debt markets

The Swiss Re Global Cat Bond Performance Index is up 18%, while the Bloomberg U.S. Treasury Index has dropped about 1%.

Posted: Nov 13, 2023

Allstate accused of slipping changes into policies

Plaintiffs are waiting to find out whether a judge will allow them to combine 78 lawsuits that claim Allstate unlawfully reduced coverage.

Posted: Nov 13, 2023

Home insurers with the strongest Net Promotor Scores

An insurer’s Net Promoter Score (NPS) is a reflection of its policyholder loyalty.

Posted: Nov 13, 2023

How to thrive in this historically hard insurance market

Many insurance professionals are weathering today's unprecedented market hardening for the first time.

Posted: Nov 13, 2023