NU Property & Casualty 360

PwC to pay $11.6M to settle age discrimination claims from older applicants

The settlement also requires the company to make “public and internal statements” expressing its commitment to diverse hiring.

Posted: Mar 11, 2020

'Runner' behind auto insurance fraud scheme pleads guilty

Louis Aguirre masterminded an automobile accident scheme that cost insurance companies millions in fraudulent PIP claims.

Posted: Mar 11, 2020

Cyber preparedness in the boardroom

Directors in 2020 should approach cyber risk from a governance and duty of oversight perspective.

Posted: Mar 11, 2020

Trump restricts travel from Europe, offers aid for businesses

In his address, Trump claimed that his early action to restrict travel from China slowed the spread of the coronavirus in the U.S.

Posted: Mar 11, 2020

Wading through the coronavirus maze

A new podcast from FC&S and PropertyCasualty360.com highlights some of the issues surrounding COVID-19 for insurers.

Posted: Mar 11, 2020

Stemming the tide of social inflation

Runaway jury verdicts have been on the rise for 10 years and their impact is apparent in claims that go to trial. There is a perception that someone must pay.

Posted: Mar 11, 2020

Couple aboard the Grand Princess is suing over virus quarantine

Two Florida passengers, who were stuck on a coronavirus-stricken cruise ship, are seeking more than $1M in damages.

Posted: Mar 11, 2020

The world's most punctual airlines in 2019

Circium's review is designed to raise the benchmark by encouraging airlines and airports to invest in their customers.

Posted: Mar 11, 2020

2020 is the year technology will transform the commercial lines experience

An outdated process will finally see significant changes as customers demand a complete and modern digital insurance experience.

Posted: Mar 10, 2020

Accident, STD insurance can help lower illegitimate workers' comp claims

There are three primary forms of illegitimate claims: bogus claims, double-dipping and embellishment.

Posted: Mar 10, 2020

NAIC cancels in-person spring meeting due to coronavirus concerns

The state regulator group will move the proceedings to a virtual format.

Posted: Mar 10, 2020

Around the P&C insurance industry: March 11, 2020

News from MooveGuru, IICF and more.

Posted: Mar 10, 2020

Defining 'building' in an insurance policy

Coverage Q&A: In insurance, the definition of a term is always important.

Posted: Mar 10, 2020

Insurance may cover these coronavirus-related scenarios

While commercial insurance policies are not designed to protect against illnesses, standard policies may provide limited coverage.

Posted: Mar 10, 2020

What legal issues are involved when insurance giants merge?

The combination will create one of the world's largest insurers. Why were so many law firms hired, and what issues did they address?

Posted: Mar 10, 2020

The most common types of insurance fraud to watch out for

In the P&C space, I.I.I. found that insurance fraud comprises about 10% of losses annually, costing roughly $34 billion.

Posted: Mar 10, 2020

Building the right digital ecosystem for your insurance agency

Digital system integration is what makes rapid information-sharing possible in today's on-demand business world.

Posted: Mar 09, 2020

Calif. bill would require insurers to cover homes in wildfire zones

California could require insurers to provide coverage for homeowners in wildfire zones.

Posted: Mar 09, 2020

Coronavirus: How to advise commercial insurance clients

Employers can take these steps to address potential or actual COVID-19 occurrences in the workplace.

Posted: Mar 09, 2020

How businesses can fully recover after a tornado

'Twisted claims': These are the steps risk managers should take before, during and immediately after a tornado strikes.

Posted: Mar 09, 2020

Independent agents, brokers face stable growth in 2020

A new survey shows optimism remains high among independent insurance agents and brokers, despite growth declines in 2019.

Posted: Mar 09, 2020

What you need to know about coronavirus and supply chains

The COVID-19 outbreak is disrupting supply chains for computers, electronics, vehicles and more.

Posted: Mar 09, 2020

Coronavirus update: States declare emergencies, Italy lockdown and more

Here are the latest coronavirus updates from around the world on March 9, 2020.

Posted: Mar 09, 2020

The coronavirus and its impact

COVID-19 has upended lives and businesses around the world. These articles provide valuable insights on insurance coverage, preparation tips and more to help individuals and businesses reduce exposures as the virus continues to spread.

Posted: Mar 09, 2020

Strategies for addressing wildfire risk

Using data and technology at three critical customer touchpoints can help carriers underwrite risks and settle claims more effectively.

Posted: Mar 09, 2020