NU Property & Casualty 360
Review the difference between fast and slow claims and how the pace at which a claim unrolls impacts loss costs.
Posted: Oct 12, 2023
State Farm alleges the fraud scheme operated for more than a decade.
Posted: Oct 12, 2023
Review what flood insurance does and doesn’t cover as well as how ‘flooding’ is defined by the NFIP.
Posted: Oct 12, 2023
Professional lines are feeling the impact of social inflation, making it an increasingly difficult segment for insurers.
Posted: Oct 12, 2023
Insurers that fail to cook up the right recipe for applying data and analytics to their business will find themselves playing catchup.
Posted: Oct 11, 2023
Sending cancellation messages via text message on the day of renewal reduced cancellations by 52%, insured.io reports.
Posted: Oct 11, 2023
Underwriters, however, remain wary about the potential impact of climate-driven disasters.
Posted: Oct 11, 2023
The previous record of 1,862 compromises was set in 2021, the Identity Theft Resource Center reports. This year has seen more than 2,100 data-compromise events with three months to go.
Posted: Oct 11, 2023
According to a CoreLogic report, six of the ten counties least at risk of natural disasters are in the same state.
Posted: Oct 11, 2023
An insurance company isn't required to cover a man who was severely injured after he was struck by a vehicle in the process of helping an unconscious motorist.
Posted: Oct 11, 2023
Heading into September, nearly 100 federal lawsuits were filed against property and casualty insurers, according to Law.com Radar.
Posted: Oct 10, 2023
Insurance industry news from Renaissance Alliance, MarshBerry, Duck Creek Technologies and more.
Posted: Oct 10, 2023
National Cybersecurity Awareness Month is an opportune time to survey the year's biggest cyber breaches.
Posted: Oct 10, 2023
Social inflation and general inflation combined to push commercial auto liability payments higher by as much as $44 billion, Triple-I reports.
Posted: Oct 10, 2023
It's a tough time for insureds to plan for unpredictability or disruption due to political headwinds, says Markel's Andrew Umphress.
Posted: Oct 10, 2023
Instantaneous auto accident reporting reduces loss costs by $800-$1,025 per claim, Agero reports.
Posted: Oct 10, 2023
A report from USAA found these states to have the least distracted drivers on their roadways.
Posted: Oct 09, 2023
Hawaii, recently devastated by the Lahaina Fire, looks to be the first state to have its Supreme Court weigh in on the applicability of pollution exclusions to climate change lawsuits. This article examines what is at stake for policyholders and the...
Posted: Oct 09, 2023
The sector’s success is largely pegged to a favorable pricing environment and growing demand from hard to place risks.
Posted: Oct 09, 2023
Considering all of the personal identifiable information insurers collect and store, cyber safeguards are imperative.
Posted: Oct 09, 2023
The company’s office manager is also accused of multiple felonies for her role in the scheme.
Posted: Oct 09, 2023
Small business struggles mean many are seeking stronger insurance solutions, says the insurtech Counterpoint.
Posted: Oct 09, 2023
The court debated whether an underlying suit based on environmental harms committed by a commercial property owner could be considered an "occurrence" that triggered the duties of defense and indemnity.
Posted: Oct 08, 2023
Insurance technology news from SEON, Coalition, EaseMyTrip.com and more.
Posted: Oct 08, 2023
Although they were less common, fire and lightning claims were the losses with the highest claims severity from 2017-2021.
Posted: Oct 08, 2023