NU Property & Casualty 360

Heinz debuts insurance coverage for ketchup-related perils

The ‘policy’ covers 57 ketchup-related perils, which nearly half of consumers report facing.

Posted: Mar 14, 2024

Study: DEI leads to improved innovation, employee performance

Only 24% of organizations said neurodivergent individuals are seen as valuable employees.

Posted: Mar 14, 2024

People on the move in the P&C insurance industry: March 15, 2024

The latest insurance industry personnel news from Grange Insurance Company, McGlinchey Stafford, Nationwide and more.

Posted: Mar 14, 2024

These states see the most drunk driving citations, deaths

The average American consumes 4.2 drinks on St. Patrick’s Day, according to Alcohol.org

Posted: Mar 14, 2024

APCIA commends California catastrophe modeling proposal

The proposal is part of California Insurance Commissioner Ricardo Lara’s goal to enact insurance reform during 2024.

Posted: Mar 14, 2024

Potential TikTok ban may impact how insurers reach Gen Z

A potential TikTok ban in the U.S. could sever a vital communication tool used to reach young policyholders.

Posted: Mar 14, 2024

Insurers are mitigating clients' risk with crisis management, communications

Crisis communications and management services are designed to help reduce the impact of any potentially volatile or controversial situation.

Posted: Mar 13, 2024

These states' insurance departments are the most helpful to homeowners

A recent report from Rutgers examined which state insurance departments are doing the best job of providing residents information about their insurance options.

Posted: Mar 13, 2024

How insurers and insureds can reduce fire risks in 2024

A fire can close a facility for much longer than previously expected due to ongoing supply chain issues stemming from the pandemic.

Posted: Mar 13, 2024

State insurance regulators issue market intelligence data call

More than 400 property insurers received letters requesting data, which is due by June 6, 2024.

Posted: Mar 13, 2024

Higher-risk projects, inflation pushing up rates for architects and engineers

More than 90% of surveyed professional liability carriers intend to raise rates for architects and engineers, Ames & Gough reports.

Posted: Mar 13, 2024

When good insurance customers pay for bad ones

The goal for the insurance industry should be to avoid adverse selection at all costs.

Posted: Mar 13, 2024

Around the P&C insurance industry: March 13, 2024

Insurance industry news from NFP, Coalition, MarshBerry and more.

Posted: Mar 12, 2024

Dialing in on how robocall regulations affect insurers

Mark McKinney, VP of market intelligence at Gryphon.ai, joins us to discuss how recent robocall laws in the U.S. will affect how insurers do business.

Posted: Mar 12, 2024

Ransomware cybercriminals continue to target manufacturers

If your manufacturing clients are seeing cyber premiums increase, more ransomware incidents could be why.

Posted: Mar 12, 2024

Commuters lose the most time in these 10 U.S. cities

More people going back to offices means rush-hour traffic is getting slower and drives are taking longer.

Posted: Mar 12, 2024

Most partial automation driving systems lack proper safeguards, IIHS reports

Among 14 driving systems with partial automation that were tested, only one earned an acceptable rating from IIHS.

Posted: Mar 12, 2024

AM Best: More P&C rating downgrades than upgrades in 2023

Affirmations accounted the majority of rating actions taken by AM Best in 2023.

Posted: Mar 12, 2024

Huge Texas blaze shows power-line fires are a widespread threat

The state forest service reported power lines sparked the Smokehouse Creek and Windy Deuce fires.

Posted: Mar 11, 2024

Mitigating lithium-ion battery fire risk

The U.S. Consumer Product Safety Commission reports that there is an average of one battery fire every two days in the United States.

Posted: Mar 11, 2024

Consumer advocate to NAIC: Open the curtains

The NAICs plans to keep about 43% of the sessions on the agenda for its upcoming spring meeting behind closed doors.

Posted: Mar 11, 2024

Four ways generative AI helps insurers manage climate change

Generative AI guides insurers through extreme weather events while maximizing policyholders' customer experience.

Posted: Mar 11, 2024

Fraudsters attempted to 'hijack' New York’s no-fault auto system

The scheme involved illegal control of medical practices, kickbacks for patient referrals and bribes.

Posted: Mar 11, 2024

Who's using what in P&C insurance: March 11, 2024

Insurance technology news from Malayan Insurance, Cytora, Arbuckle Insurance and more.

Posted: Mar 10, 2024

L.A. burglaries highlight smart-home vulnerability

The LAPD recommends such low-tech tactics as security bars and watchful neighbors to counter tech-savvy burglars.

Posted: Mar 10, 2024