NU Property & Casualty 360

As premiums rise, a majority of Americans are reviewing insurance policies to find savings

Around one-third of consumers are unaware that macroeconomic factors, like inflation, impact insurance rates.

Posted: Dec 20, 2023

Pedestrian coverage unavailable to man injured while riding electric scooter

The policyholder argued that New Jersey law recognizes bicyclists as ‘pedestrians’ for purposes of no-fault coverage.

Posted: Dec 20, 2023

5 Common pet insurance claims during the holidays

Most holiday-related pet health hazards are preventable.

Posted: Dec 20, 2023

Around the P&C insurance industry: December 20, 2023

Insurance industry news from Ryan Specialty, Safety National, TuMeke and more.

Posted: Dec 19, 2023

Top causes of travel insurance claims in 2023

With increased travel comes the increased likelihood of travel insurance claims.

Posted: Dec 19, 2023

How agents, brokers can best serve high-net-worth clients in 2024

Private Risk Management Association Executive Director Diane Delaney talks about pressing issues facing these clients.

Posted: Dec 19, 2023

Pennsylvania court rules 'unlicensed driver exclusion' runs counter to state law

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

Posted: Dec 19, 2023

'Insurance crisis' looms for aviation in 2024, 38-year veteran warns

The London aviation insurance market could be in for a chaotic 2024, Steven Marks of Podhurst Orseck predicts.

Posted: Dec 19, 2023

Water, water everywhere… but is it fraud?

In many ways, water is the new fire when it comes to insurance fraud.

Posted: Dec 18, 2023

California workers' comp brokers: Brace for double-digit rate increases

Restaurant group forecasts forthcoming market shift for workers' compensation insurance in the Golden State.

Posted: Dec 18, 2023

Georgia court mulls whether staffing agency or insurer should pay workers' comp claims

The question boils down to whether temporary workers are technically employees of the companies they are contracted out to.

Posted: Dec 18, 2023

Outmaneuver winter weather threats with proper coverage

Winter weather caused $64.1 million in property damage in the United States in 2022, according to ValuePenguin.

Posted: Dec 18, 2023

How a pending Georgia court decision could affect railroad liability (and carriers)

How the appellate court falls will determine how far a railroad's duty of care to its customers extends.

Posted: Dec 18, 2023

These are the worst cities for winter holiday travel in 2023

Squaremouth predicts that the year ahead will be the most expensive on record when it comes to travel costs.

Posted: Dec 17, 2023

Who's using what in P&C insurance: December 18, 2023

Insurance technology news from bolt, Otonomi, Cytora and more.

Posted: Dec 17, 2023

Clorox, Boeing, MGM: Why big hacks have surged in 2023

The number of victims of cyber extortion in the first three quarters of 2023 is already 33% higher than all of last year.

Posted: Dec 17, 2023

Outlook 2024: For independent agents, it’s not business as usual

Even in the hardest of markets, agencies can flourish in the new year by forging stronger bonds with their carrier partners and clients.

Posted: Dec 17, 2023

D&O insurance pros: Prepare for tougher 2024, Allianz says

There may simply be too many global challenges to maintain D&O's recent soft market conditions.

Posted: Dec 17, 2023

Tesla's massive recall, from the perspective of a claims professional

Insurance experts predict this is a sign of things to come as cars become more tech-laden.

Posted: Dec 14, 2023

Marsh Islands forcible dissolves insurer of oil tanker shadow fleets

The company offered insurance and took on risk, violating rules governing non-resident entities, a spokesperson International Registries, Inc said.

Posted: Dec 14, 2023

Cyber insurance: The most valuable spend for any business

Many insureds don’t have a full understanding of how this coverage works or why it's become essential.

Posted: Dec 14, 2023

Worker mental health breaks are needed more than ever

Given the post-pandemic culture, volatile world events and today’s divisive political arena, some of the older guidance may not suffice.

Posted: Dec 14, 2023

People on the move in the P&C insurance industry: December 15, 2023

The latest insurance industry personnel news from Ryan Transactional Risk, XPT Specialty, Markel and more.

Posted: Dec 14, 2023

Insurance coverage Q&A: Mismatched tiles & appraisal

When a mismatched title floor is damaged, should the appraisal include costs to replace the entire floor or just broken portions?

Posted: Dec 14, 2023

Fostering diversity, equity and inclusion in the insurance landscape

Diversity is not just a buzzword; it's a strategic imperative for the insurance industry.

Posted: Dec 13, 2023