NU Property & Casualty 360

The biggest misconceptions about cyber insurance

The first half of the year also saw cyber insurance claims ticked up 12%, driven by an increase in ransomware and funds transfer fraud.

Posted: Oct 01, 2023

Who's using what in P&C insurance: October 2, 2023

Insurance technology news from INSTANDA, Mylo, Glia and more.

Posted: Oct 01, 2023

'Hurricane-proofing' buildings isn't enough to curb Florida's storm losses

Population growth and development in storm-prone areas dwarfs the benefits of enhanced building codes.

Posted: Oct 01, 2023

People on the move in the P&C insurance industry: September 29, 2023

The latest insurance industry personnel news from Alliant Insurance Services, Big “I,” Liberty Mutual Insurance and more.

Posted: Sep 28, 2023

What is reinsurance and how does it work?

Reinsurance allows a primary carrier to pass, or cede, a portion of its liabilities onto another company.

Posted: Sep 28, 2023

Citizens policy count could decrease

Citizens' president and CEO said that Citizens is now forecasting it will have about 1.3 million policies at the end of 2023, after earlier estimates of 1.5 million to 1.7 million policies.

Posted: Sep 28, 2023

Making a difference: September 29, 2023

Philanthropic insurance news from Salon and Spa Specialty Insurance Agency.

Posted: Sep 28, 2023

Surety: The greatest job nobody knows about

Whenever your skill is specialized and there aren’t enough people doing it, you become more valuable.

Posted: Sep 28, 2023

Temp agency owner gets jail time for workers' comp, tax schemes

The 70-year-old woman was ordered to pay $155,870 in restitution to Travelers Insurance.

Posted: Sep 27, 2023

Insurance coverage Q&A: Water back-up and additional living expenses

When the water backup endorsement is added to a policy, does the limit affect any other coverages?

Posted: Sep 27, 2023

U.S. workers struggle to find mental health solution, study finds

The mental health of U.S. workers is “at its lowest point in five months,” TELUS Health reported.

Posted: Sep 27, 2023

Be on the lookout for these auto insurance fraud strategies

Insurance fraud can cost U.S. consumers as much as $308.6 billion each year, according to a 2022 study by the Coalition Against Insurance Fraud.

Posted: Sep 27, 2023

How insurance agents can best serve food, hospitality clients

Each year, food poisoning results in an estimated 128,000 hospitalizations and 3,000 deaths in the U.S.

Posted: Sep 27, 2023

California insurance regulation reforms applauded as move in right direction

The proposed reforms show a sea change from where the California Department of Insurance was six months ago.

Posted: Sep 27, 2023

Around the P&C insurance industry: September 27, 2023

Insurance industry news from Joshu, Bold Penguin, NFP and more.

Posted: Sep 26, 2023

2023 Claims Salary Survey closes soon

The 2023 Claims Salary Survey is open to independent and company adjusters, and claims-related personnel through Friday, September 29.

Posted: Sep 26, 2023

Third Circuit grants Nationwide summary judgment in bad faith suit

Washington Street, LLC sued Nationwide for bad faith, alleging the carrier deliberately and unreasonably delayed policy payments after a building fire.

Posted: Sep 26, 2023

These U.S. cities were hot with renters during summer 2023

The most popular places to rent in the U.S. tend to have a copacetic mix of amenities, jobs and schools.

Posted: Sep 26, 2023

The risks and coverage needs of pickleball, America’s fastest growing sport

Discover the insurance needs for facilities and organizations hosting the country’s new favorite pastime.

Posted: Sep 26, 2023

Arizona appeals court finds COVID-19 death compensable under workers' comp statute

The Arizona Court of Appeals held that an office worker's death from COVID-19 is compensable under workers' compensation as long as the statutory requirements are met.

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

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

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

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

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