NU Property & Casualty 360

Increasing customer comfort with AI in claims

A survey from Sprout.ai shows what customers care about most in the claims process is their trust in a fair decision.

Posted: Sep 25, 2023

Mass. appeals court says trial judge lacked jurisdiction in Wesco Insurance case

The case involved a Massachusetts contractor, a NYC building project and faulty work by a New York-based subcontractor.

Posted: Sep 25, 2023

AI reduces costs for most expensive types of workers' comp claims

Review how AI can tackle the three reasons why injured workers seek legal representation.

Posted: Sep 25, 2023

Insurer profits, premiums rise alongside costs

Higher interest rates are translating into higher returns on insurer investments, according to the Swiss Re Institute.

Posted: Sep 25, 2023

Which generation has the worst drivers?

It appears experience plays an important role in how people behave behind the wheel, according to The Zebra.

Posted: Sep 25, 2023

The largest global reinsurers in 2022

Reinsurers' premium growth was mostly driven by rate increases and not exposure growth during 2022, according to AM Best.

Posted: Sep 24, 2023

Who's using what in P&C insurance: September 25, 2023

Insurance technology news from BOXX Insurance, HEMIC, Marble and more.

Posted: Sep 24, 2023

Carbon-negative building materials gaining attention

Their cost and time savings are turning heads.

Posted: Sep 24, 2023

Federal agencies seek to streamline 'hodgepodge' of cyber reporting rules

The law will require companies to report cyber incidents within 72 hours and flag paying a ransom within 24 hours.

Posted: Sep 24, 2023

How surety bonds deliver for taxpayers

Foundational value: Surety firms truly want to help insurance agents with clients who need to be bonded.

Posted: Sep 24, 2023

Where home & auto collide (regularly) in Cleveland

What is a homeowner to do when cars continually crash into their property?

Posted: Sep 24, 2023

People on the move in the P&C insurance industry: September 22, 2023

The latest insurance industry personnel news from CSAA Insurance Group, atNorth, Kennedys and more.

Posted: Sep 21, 2023

Making a difference: September 22, 2023

Philanthropic insurance news from InnSure and the Insurance Industry Charitable Foundation.

Posted: Sep 21, 2023

The history of state insurance departments

Insurance in the U.S. started with a group of firefighters in Philadelphia – one of whom was Benjamin Franklin.

Posted: Sep 21, 2023

California governor urges 'prompt' insurance reforms in executive order

The order tasks the insurance commissioner with improving the rate approval process, a long-time sticking point with carriers in the state.

Posted: Sep 21, 2023

Insurance for collegiate and youth sports leagues and athletes

There's a playbook of specialized insurance that brokers need to know so they can keep their clients in the game.

Posted: Sep 21, 2023

Soft D&O market expected to persist into 2024

More than 90% of D&O underwriters believe pricing for mature public companies will go down or stay the same in the coming year.

Posted: Sep 21, 2023

Recent developments in D&O claims

Discover the issues that are likely to drive D&O claims in a range of industries.

Posted: Sep 20, 2023

These housing markets are most at risk of decline

The South and parts of the Midwest are less vulnerable compared to parts of New Jersey and Illinois, which are most at-risk.

Posted: Sep 20, 2023

U.S. sets new record for billion-dollar disasters in 2023

According to the NOAA, as of September, 23 billion-dollar-plus climate disasters have struck the United States in 2023.

Posted: Sep 20, 2023

WSIA Underwriting Summit returns to Phoenix in March 2024

TV personality and retired pro boxer Laila Ali will serve as keynote speaker at networking and business event.

Posted: Sep 20, 2023

Financial, digital risks are most troubling to mid-market firms, QBE North America reports

When it comes to digital threats, cyberattacks are by far the risk that mid-market executives are most concerned with.

Posted: Sep 20, 2023

Suppressed insurance rates are leading to 'significantly overvalued' properties

Growing catastrophe losses combined with rate inadequacy are masking the true risks facing nearly 40 million properties.

Posted: Sep 20, 2023

Narrowing the leadership divide for women in insurance

Gender discrimination is being addressed as part of the insurance industry’s support of DEI initiatives.

Posted: Sep 20, 2023

Cyber claims frequency, severity up in 2023's first half

Review five ways businesses can actively address growing cyber risks.

Posted: Sep 20, 2023