NU Property & Casualty 360

People on the move in the P&C insurance industry: August 25, 2023

The latest insurance industry personnel news from Ryan Specialty, Pie Insurance, Socotra and more.

Posted: Aug 24, 2023

A risk management perspective on sex, fighting & other space tourism issues

Discover liability issues associated with long term space tourism flights as the once unthinkable industry comes online.

Posted: Aug 24, 2023

How to better prepare insureds for climate change losses

Environmental Impairment Liability (EIL) coverage is becoming integral to a risk manager’s insurance strategy.

Posted: Aug 24, 2023

A (truncated) history of no-fault auto insurance

At its peak, 26 states had adopted no-fault insurance laws in some form. Today that number stands at 12.

Posted: Aug 24, 2023

Do your research! 15 ways to better assess a sales prospect

It is amazing the amount of information that is available to you in the public domain. However, a word of caution: Be careful how you find it and how you use it.

Posted: Aug 23, 2023

J.D. Power: Small business insurance customer satisfaction hits all-time high

The exception to this bump in satisfaction were businesses with fewer than five employees – also referred to as micro businesses.

Posted: Aug 23, 2023

As lawsuits mount over Maui wildfires, Hawaiian Electric hints at defenses

Although lawsuits are being filed, no wrong doing by Hawaii Electric has been found at this time.

Posted: Aug 23, 2023

Teen driver deaths saw grew 14% in 2020, biggest increase in past decade

While teen roadway deaths were up in 2020, the past decade saw an overall decline, ValuePenguin reports.

Posted: Aug 23, 2023

Supplemental spouse coverage is now included in all N.Y. auto policies

As of Aug. 1, 2023, insurers must include the supplemental liability coverage, but policyholders can opt-out.

Posted: Aug 23, 2023

Carrier, client property insurance concerns for late 2023

Carriers are doing what they need to do this year to put themselves in a healthy position.

Posted: Aug 23, 2023

Expect higher insurance rates in these low-credit locales

WalletHub looked at the U.S. cities and towns with the highest and lowest median credit scores.

Posted: Aug 23, 2023

Protecting boats in extreme weather

Todd Shasha, assistant VP of personal insurance at Travelers, explains how boat owners can safeguard their vessels from increasingly catastrophic weather events.

Posted: Aug 22, 2023

Around the P&C insurance industry: August 23, 2023

Insurance industry news from NFP, New Hampshire Insurance Department, Liberty Company Insurance Brokers and more.

Posted: Aug 22, 2023

Changing perceptions: A four-pronged approach to worker risk

Part 3 of 3: Fairfax County risk managers achieved award-winning workers’ comp outcomes by fine-tuning listening skills.

Posted: Aug 22, 2023

FTC & DOJ propose major overhaul of merger guidelines

The proposed guidelines reflect the larger trend of increased antitrust scrutiny under the Biden Administration.

Posted: Aug 22, 2023

Tips for avoiding shady contractors following a wildfire & other disasters

The NICB reports that as much as $10 billion in disaster insurance payments was lost to contractor fraud in 2022.

Posted: Aug 22, 2023

Insurance concerns arise from Hilary’s wind, water and mud damage

The tropical storm was the first to reach Southern California in more than 80 years.

Posted: Aug 22, 2023

EEOC settles first AI-bias case, but many more are likely

Employment attorneys caution that companies will be on the hook if a vendor's hiring software turns out to perpetuate bias.

Posted: Aug 21, 2023

Agents: Avoid these common social media missteps

The increasing number of social media users puts the pressure on agents to carefully cultivate their digital content.

Posted: Aug 21, 2023

The City of Beverly Hills takes a mindful approach to risk management

Part 2 of 3: This 2023 Workers Comp Risk Management Award winner underscores the impact of proactive mental health care.

Posted: Aug 21, 2023

23 people charged after authorities bust auto insurance fraud ring

The group of fraudsters, comprised of family and friends, filed at least 33 fraudulent auto insurance claims.

Posted: Aug 21, 2023

Private carriers make headway in growing flood insurance market

More than 32% of the flood market is written by 77 private companies, Triple-I reports.

Posted: Aug 21, 2023

UPDATE: Marsh to buy Australian broker Honan

The deal is expected to close later this year, according to Marsh.

Posted: Aug 21, 2023

The top U.S. commercial line insurers, according to S&P Global

Specialty insurers loom large on the list, driven by capacity demands for property coverage.

Posted: Aug 21, 2023

How American Airlines prioritizes employee wellness

Part 1 of 3: This airline is one of three winners of 2023 Workers' Comp Risk Management Award for Excellence.

Posted: Aug 21, 2023