NU Property & Casualty 360

Wimbledon's pandemic insurance coverage results in $141M payout

The renowned tennis tournament is set to receive around $141 million after paying for pandemic insurance coverage for nearly 20 years.

Posted: Apr 10, 2020

5 states most, least vulnerable to COVID-19's financial effects

WalletHub looked at the economic factors of COVID-19 and ranked the states that would be most — and least — affected economically.

Posted: Apr 10, 2020

Above-average hurricane season could bring 16 named storms in 2020

Early forecasts suggest an above-average chance at least one hurricane will make landfall in the U.S. this year.

Posted: Apr 10, 2020

Managing employer risk in the age of the coronavirus - Part 2: Creating a plan

Employer infectious disease programs should consider worker exposures and provide contingencies for a variety of scenarios.

Posted: Apr 09, 2020

Photos help clinch $100,000 settlement in dog bite case

No lawsuit was filed since American Bankers agreed to settle for $100,000, attorney Christopher Houlihan said.

Posted: Apr 09, 2020

People on the move in the P&C insurance industry: April 10, 2020

News from CNA, Sompo International, Kinsale Capital Group, K2 Insurance Services, Hanover, Willis Towers Watson and more.

Posted: Apr 09, 2020

What small businesses should know about COVID-19 stimulus loans

Small businesses need to apply as soon as possible for federal funds available through the Paycheck Protection Program.

Posted: Apr 09, 2020

Is a cannabis patent war on the horizon?

Cannabis business clients may soon face new patent-related risks.

Posted: Apr 09, 2020

Managing employer risk in the age of the coronavirus - Part 1

Companies that address federal and state worker safety obligations could see fewer claims and fare better in litigation.

Posted: Apr 09, 2020

Managing employer risk in the age of the coronavirus

Companies that address federal and state worker safety obligations could see fewer claims and fare better in litigation.

Posted: Apr 09, 2020

Auto insurers refund customers after 'unprecedented' driving slump

Several insurers are returning some money to customers as widespread shutdowns from the coronavirus cut down on driving.

Posted: Apr 09, 2020

The worst states for distracted driving in 2020

Drivers in these nine states reportedly use their phones while operating a vehicle more than drivers elsewhere in the U.S.

Posted: Apr 09, 2020

State of insurance rating: COVID-19 weather report

This report from ITC provides agencies and carriers a general baseline of their operations. amidst the coronavirus pandemic.

Posted: Apr 08, 2020

IVANS: Nearly all major commercial lines see Q1 2020 renewal rate increase

However, workers' compensation average premium renewal rate change remained in negative territory.

Posted: Apr 08, 2020

Why private flood insurance is the best way to 'C.Y.A.'

Flood insurance is an important — yet often overlooked — way to 'Cover Your Assets.'

Posted: Apr 08, 2020

Will the New York labor law apply to coronavirus claims?

At the outset, a laborer would have to make a showing that they contracted the virus at the jobsite.

Posted: Apr 08, 2020

These states introduced COVID-19 business interruption coverage bills

More and more states are introducing legislation that would compel insurers to cover coronavirus-caused business losses.

Posted: Apr 08, 2020

Outsmarting — not outselling — the competition

The story behind this author's favorite tie illustrates the keys to 'outsmarting' the competition.

Posted: Apr 08, 2020

March Madness 2020: How insurance covers its cancellation

Here are the potential coverages at play for the NCAA basketball tournament, including for this year's cancellation.

Posted: Apr 08, 2020

NAIC: Top 15 insurance groups, companies for 'other' liability in 2019

Other liability coverage can include errors and omissions insurance, liquor liability, umbrella liability, marine and more.

Posted: Apr 08, 2020

How to manage the current uptick in automation requests

Here are three ways automation can be used by insurance companies to help respond to the COVID-19 pandemic.

Posted: Apr 07, 2020

Guidance for construction contractors mitigating coronavirus risks

Contractors should evaluate whether existing insurance policies provide coverage for coronavirus-related losses.

Posted: Apr 07, 2020

Are e-bikes motor vehicles?

Coverage Q&A: This week's question explores whether a non-traditional motorized vehicle is covered under a standard auto policy.

Posted: Apr 07, 2020

The renewable energy insurance market at a glance

Experts suggest wind and solar energy producers will experience the greatest growth in 2020.

Posted: Apr 07, 2020

Around the P&C insurance industry: Apr. 8, 2020

News from Neptune Flood, Beacon Hill Associates, QBE, Marsh, NIST, Insurance Risk Partners and more.

Posted: Apr 07, 2020