NU Property & Casualty 360

Deciphering the designation: CRM

The CRM is designed for a variety of professions with risk management responsibilities.

Posted: Oct 05, 2023

Traffic deaths down in the first half, marking fifth quarterly decline

Road fatalities were not down everywhere as some states, such as Ohio, saw deaths increase during the period.

Posted: Oct 05, 2023

Many companies far from ready for fast-approaching SEC cybersecurity deadline

Companies will have to report cyber incidents within four days of determining they're material; a tight timeframe that requires cooperation from third-party service providers that most firms have not yet secured.

Posted: Oct 05, 2023

Insurance Luminaries 2023 Coverage Innovation Honorees

As society shifts, so too should insurance options. (Part 5 of 5)

Posted: Oct 05, 2023

Florida adjuster arrested for $11M fraud scheme

The adjuster is alleged to have made more than 1,200 bogus payments to 326 co-conspirators. More arrests are expected.

Posted: Oct 04, 2023

Topa Insurance, Go Maps face heavy fines for mishandling auto claims

Topa Insurance was fined $2.1 million over an allegation that more than two dozen auto claims were mishandled.

Posted: Oct 04, 2023

Sam Bankman-Fried sues insurer to cover defense costs

According to a complaint filed in the Northern District of California federal court, an insurance company must pay for his legal defense "without regard to whether payments may exhaust the policy limit.”

Posted: Oct 04, 2023

Beat the freeze with fall home maintenance

The wintertime insurance claims that happen most frequently involve roof and siding damage, frozen pipes, damage from trees or falling limbs and house fires.

Posted: Oct 04, 2023

The 10 most aggressive dog breeds, according to the ATTS data

In 2022, the number of dog-related injury claims declined 2.2%, according to the Triple-I.

Posted: Oct 04, 2023

Insurance Luminaries 2023 Risk Management Innovation Honorees

Honorees in this category find fresh, inventive ways to address insurer and insured risk. (Part 4 of 5)

Posted: Oct 04, 2023

Forbes Advisor: Top states for road rage in 2023

The hustle and bustle of modern society appears to be sparking an increase in road-rage incidents nationwide, according to recently reporting from…

Posted: Oct 03, 2023

Around the P&C insurance industry: October 4, 2023

Insurance industry news from McGill and Partners, Verisk, Duck Creek Technologies and more.

Posted: Oct 03, 2023

Insurers aren't happy with this exhaust fan maker — and have filed a slew of lawsuits

Four pending suits are demanding more than $2 million in damages from Broan-Nutone over a March 2021 fire in a shopping center in New Jersey.

Posted: Oct 03, 2023

Can AI overcome low-touch claims challenges?

AI is drastically improving insurance claims processes, particularly for minor damages, and improving the customer experience.

Posted: Oct 03, 2023

Insurance and the 2023 Hollywood labor strikes

Bill Johnson, CEO of The Liberty Company Insurance Brokers, is a former film producer. He discusses the economic impact of concurrent strikes by writers and actors.

Posted: Oct 03, 2023

Insurance Luminaries 2023 Workplace Culture Honorees

These honorees promote insurance careers, bolster current professionals, engage with rising stars, and further DEI and ESG work. (Part 3 of 5)

Posted: Oct 03, 2023

Pennsylvania jury awards $3.6M following 'minor rear-end accident'

The plaintiff's attorneys said the award is part of a trend of juries across the state becoming increasingly open to awarding sizable verdicts.

Posted: Oct 02, 2023

Insurance Luminaries 2023 Claims Innovation Honorees

Claims Innovation honorees thoroughly understand the impact that a single claim has on policyholder satisfaction.

Posted: Oct 02, 2023

Six steps to take when renewing home and auto policies

To avoid coverage gaps while also making sure you aren’t unnecessarily stressing your budget, annual insurance reviews are integral.

Posted: Oct 02, 2023

Maritime coverage case about to make waves at Supreme Court

The decision could have wide-ranging implications for insurance disputes — even those on land.

Posted: Oct 02, 2023

Cat's hide-a-bed mishap named most unusual pet claim of the year

Nationwide Pet presented the feline named Giles with its 15th annual Hambone Award for most unusual pet insurance claim.

Posted: Oct 02, 2023

Why agents & brokers are prime targets for DNS water-torture cyberattacks

At the end of June, Netscout was tracking more than 660 daily instances of these types of domain name system attacks.

Posted: Oct 02, 2023

Insurers' investments prioritizing flexibility, emerging opportunities

BlackRock reported that 62% of respondents feel the greatest investment opportunities will come from the transition to clean energy infrastructure.

Posted: Oct 01, 2023

Insurance Luminaries 2023 Technology Innovation Honorees

Leading Light: Insurance Luminaries set a high bar. Here are the Class of 2023 honorees for Technology Innovation. Part 1 of 5

Posted: Oct 01, 2023

How employers can champion employees’ wellbeing during natural disasters

As the U.S. confronts escalating natural disasters like wildfires, hurricanes and floods, the scope of employer responsibility extends beyond the confines of office walls.

Posted: Oct 01, 2023