NU Property & Casualty 360

Pa. governor signs bill stemming flood insurance costs into law

New FEMA maps drawn in 2012 included many more homes in flood zones that required flood insurance than previous maps.

Posted: Dec 11, 2023

How AI technology can help reduce water waste

Water damage caused by leaks is becoming an uninsurable risk, but emerging technology can help.

Posted: Dec 11, 2023

U.S. on track to see fewest wildfires in two decades

California is in the midst of its third consecutive mild wildfire season, Triple-I reports.

Posted: Dec 11, 2023

The best insurers for SR-22 auto coverage

Drivers who engage in reckless behavior behind the wheel may find themselves required to file an SR-22.

Posted: Dec 11, 2023

Senior attorney at string of major insurers joins giant AAA affiliate as CLO

April Savoy has taken the legal reins of AAA Auto Club Enterprises, which has 14,000 employees and serves 17 million AAA members in 21 states.

Posted: Dec 10, 2023

Who's using what in P&C insurance: December 11, 2023

Insurance technology news from Nearmap, Cytora, Synpulse and more.

Posted: Dec 10, 2023

Property insurance rate increases may be softening

Inflation, climate and catastrophic losses, and reinsurance costs could all disrupt this slightly optimistic forecast.

Posted: Dec 10, 2023

Looking back at 2023's aviation claims trends

A rise in ground-handling incidents has been one of the key challenges with post-pandemic recovery and growth.

Posted: Dec 10, 2023

AM Best: Top private flood carriers of 2023

Private carriers now account for slightly more than 32% of the overall flood insurance market.

Posted: Dec 10, 2023

Common issues, tips for navigating related insurance claims

Are your insurance claims related? The legal issues surrounding related claims can impact a policyholder's coverage.

Posted: Dec 10, 2023

Roof experience key for insurers seeking to mitigate hail risk

The traditional methods of assessing hail risk are no longer sufficient.

Posted: Dec 07, 2023

Making room for granny: Home insurance and accessory dwelling units

New York is the latest city to support the construction of accessory dwelling units, or granny flats, to boost housing stock.

Posted: Dec 07, 2023

Making a difference: December 8, 2023

Philanthropic insurance news from Barts Charity and YourFMO.

Posted: Dec 07, 2023

Swiss Re: 2023 breaks catastrophe loss records

For the first time, severe thunderstorms are a major contributor to the year’s historic natural catastrophe losses.

Posted: Dec 07, 2023

A condensed history of personal auto insurance

The first auto insurance policy was sold a little over a decade after Karl Benz applied for the first patent for a gas-powered vehicle.

Posted: Dec 07, 2023

People on the move in the P&C insurance industry: December 8, 2023

The latest insurance industry personnel news from Sedgwick, Novidea, INSTANDA and more.

Posted: Dec 07, 2023

Court invalidates Nationwide's unlicensed driver exclusion for first-party medical benefits

The December 5 opinion held that the coverage exclusion in Nationwide's policy went against the Motor Vehicle Financial Responsibility Law.

Posted: Dec 06, 2023

'Uninsurable' America? Let's set the record straight

The same risks that are making insurance more important are also making it harder to get.

Posted: Dec 06, 2023

Insurance coverage Q&A: Roof damage and underlying decking

When a roof is damaged and during repair it is discovered that the decking is worn, should the decking be covered as part of the loss?

Posted: Dec 06, 2023

Worst metro areas for homeownership in 2023

Locations, crime rates and proximity to emergency services have major influence on home insurance costs.

Posted: Dec 06, 2023

Shortages will continue to affect workers' comp networks in 2024

In 2024, the workers’ comp segment will also contend with higher demand for mental health services and changes to state fee schedules.

Posted: Dec 06, 2023

Risk management through rapid restoration

Here's how to ensure a fresh start for insurers and policyholders in the wake of a disaster.

Posted: Dec 06, 2023

Around the P&C insurance industry: December 6, 2023

Insurance industry news from Higginbotham, Duck Creek Technologies, NFP and more.

Posted: Dec 05, 2023

Auto insurance shopping growth dropped in Q3

Shifting demographics in auto policy shopping are likely to become the norm, says LexisNexis.

Posted: Dec 05, 2023

The connection between mental health care and workers' comp

The impact of work-related stresses can be cumulative. CorVel's Karen Thomas advocates for proactive solutions.

Posted: Dec 05, 2023