NU Property & Casualty 360

Labor trends flashing positive for workers' comp, NCCI reports

Wages have continued growing, in turn boosting payrolls and premiums for most industries.

Posted: Mar 19, 2024

Around the P&C insurance industry: March 20, 2024

Insurance industry news from Nordic Capital, Chubb, USQRisk and more featured in weekly update.

Posted: Mar 19, 2024

EPA bans ongoing use, importing of chrysotile asbestos

Chrysotile is the only known type of asbestos still being imported, processed and distributed in the U.S.

Posted: Mar 19, 2024

Most insurance agencies grew revenues, production in 2023

Part 3 of 3: Agents are muddling through rising premiums, tough technology and a challenging regulatory environment.

Posted: Mar 19, 2024

Are Gen Z workers more traditional than we think?

Gen Z’s reputation for fearless quitting when their needs aren’t met has been met with disapproval from some older managers, but their attitude represents an enormous opportunity.

Posted: Mar 18, 2024

My insurance claim was denied. Now what?

There are steps an insured can take if they find themselves on the receiving end of a claim denial.

Posted: Mar 18, 2024

Product recalls hit 7-year high in 2023

While the number of events was up, the total number of units recalled saw a 50% decrease compared with 2022, Sedgwick reports.

Posted: Mar 18, 2024

Waymo robotaxis spark controversy with new L.A. fleet

Waymo released a new fleet of driverless vehicles in L.A. on March 14, with some hailing the robotaxi service as revolutionary and others weary of dangers.

Posted: Mar 18, 2024

Jon Farney named State Farm CEO, Michael Tipsord to retire

Tipsord is retiring after 36 years with the company. He will continue on in his role as chairman of the company's board.

Posted: Mar 18, 2024

Tech problems continue to vex today's insurance agents

Part 2 of 3: Survey indicates insurtech tools are abundant, but they don’t necessarily meet insurance-agent needs.

Posted: Mar 18, 2024

Fraud roundup: Bogus invoices, fake pet claims & stolen lawnmowers

The FC&S coverage experts review some recent instances of insurance fraud.

Posted: Mar 17, 2024

Tornados, severe weather carve path of damage across Midwest

Officials report at least half of the buildings in one Indiana town were damaged by a tornado in last week's storms.

Posted: Mar 17, 2024

Who's using what in P&C insurance: March 18, 2024

Insurance technology news from Oneglobal, Earnix, RSQRisk and more.

Posted: Mar 17, 2024

3 reasons young adults in college need property insurance

New graduates moving away for school or work often need renters insurance to cover losses from theft or property damage.

Posted: Mar 17, 2024

California's insurer of last resort unprepared for big disaster

The California FAIR Plan faces $311 billion in potential losses, up from $50 billion six years ago.

Posted: Mar 17, 2024

Insurance pros: Glass half-empty or half-full?

Part 1 of 3: The 2024 Independent Insurance Agent Survey reveals how producers are weathering the historic hard market.

Posted: Mar 17, 2024

Heinz debuts insurance coverage for ketchup-related perils

The ‘policy’ covers 57 ketchup-related perils, which nearly half of consumers report facing.

Posted: Mar 14, 2024

Study: DEI leads to improved innovation, employee performance

Only 24% of organizations said neurodivergent individuals are seen as valuable employees.

Posted: Mar 14, 2024

People on the move in the P&C insurance industry: March 15, 2024

The latest insurance industry personnel news from Grange Insurance Company, McGlinchey Stafford, Nationwide and more.

Posted: Mar 14, 2024

These states see the most drunk driving citations, deaths

The average American consumes 4.2 drinks on St. Patrick’s Day, according to Alcohol.org

Posted: Mar 14, 2024

APCIA commends California catastrophe modeling proposal

The proposal is part of California Insurance Commissioner Ricardo Lara’s goal to enact insurance reform during 2024.

Posted: Mar 14, 2024

Potential TikTok ban may impact how insurers reach Gen Z

A potential TikTok ban in the U.S. could sever a vital communication tool used to reach young policyholders.

Posted: Mar 14, 2024

Insurers are mitigating clients' risk with crisis management, communications

Crisis communications and management services are designed to help reduce the impact of any potentially volatile or controversial situation.

Posted: Mar 13, 2024

These states' insurance departments are the most helpful to homeowners

A recent report from Rutgers examined which state insurance departments are doing the best job of providing residents information about their insurance options.

Posted: Mar 13, 2024

How insurers and insureds can reduce fire risks in 2024

A fire can close a facility for much longer than previously expected due to ongoing supply chain issues stemming from the pandemic.

Posted: Mar 13, 2024