NU Property & Casualty 360

Around the P&C insurance industry: August 9, 2023

Insurance industry news from MarshBerry, NEXT Insurance, FloodFlash and more.

Posted: Aug 08, 2023

Independent agents saw largest growth in homeowners lines in 2022

The independent agent channel placed 63% of the P&C insurance written in the U.S. in 2022, according to a recent report from the Big “I”.

Posted: Aug 08, 2023

10 Education risks to study for back-to-school time

While staff and student safety remain paramount, don’t lose sight of school-workplace safety issues, Chubb says.

Posted: Aug 08, 2023

Navigating the unpredictable: Key trends in catastrophe claims

How are adjusters responding to current challenges presented by natural catastrophe claims?

Posted: Aug 08, 2023

Insurance 'kind of' helps ease financial anxieties, consumers say

Younger consumers were more likely to find insurance confusing and overwhelming, according to Cake & Arrow.

Posted: Aug 08, 2023

A look at the risks and successes of using generative AI

Andrew Schwartz and Keith Raymond of Celent co-authored a new study that examines many of the issues associated with the use of generative AI in insurance.

Posted: Aug 08, 2023

Multifamily insurance rates are up as much as 28%

The average year-over-year hike was 13.6%, and was worse in some places.

Posted: Aug 07, 2023

These 2023 SUVs are the most affordable to insure

The majority of SUV drivers cited safety and comfort as the most appealing features of these larger vehicles.

Posted: Aug 07, 2023

Ransomware returns with a vengeance, U.S. hardest hit region

The U.S. saw 43% of global ransomware attacks from July 2022-June 2023, according to Malwarebytes.

Posted: Aug 07, 2023

How AI, aerial imagery help reduce insurance fraud

Here's how AI is helping insurers detect fraudulent claims, which them and their customers infinite time, money and resources.

Posted: Aug 07, 2023

Closing the gaps on cyber risks

As the digital landscape increases, so does the risk of cyberattacks for insurance and other industries.

Posted: Aug 07, 2023

More than one-third of policyholders are considering a new insurance carrier

Compared with 2021, 4% fewer consumers would say something positive about their current insurance provider.

Posted: Aug 07, 2023

Keys to preventing school violence

There are a number of strategies that can be employed to keep students safe and help mitigate violence at school.

Posted: Aug 06, 2023

Who's using what in P&C insurance: August 7, 2023

Insurance technology news from Annex Risk, Planet Home, Gryphon.ai and more.

Posted: Aug 06, 2023

Time-tested fundamental skills of leadership: A Q&A with Keith Giarman

"Not only do today’s leaders need to be agile and innovative, they must be authentic, caring and empathetic," says Keith Giarman.

Posted: Aug 06, 2023

These states saw the most street racing activity this past year

Getting a ticket for street racing can cause auto insurance premiums to increase by as much as 73%.

Posted: Aug 06, 2023

Does travel insurance cover extreme heat?

Standard travel insurance policies typically are priced at 5% to 10% of your total trip cost.

Posted: Aug 06, 2023

Premiums are up, but at what cost?

Insurance is stocked with smart, caring individuals who must forge a fresh path without zapping policyholder financial security.

Posted: Aug 06, 2023

Looking beyond labels: Prioritizing policy language over terminology

Insurance policies, as contractual agreements, necessitate careful attention to the specific language of each provision.

Posted: Aug 03, 2023

People on the move in the P&C insurance industry: August 4, 2023

The latest insurance industry personnel news from Ryan Specialty Holdings, Tinubu, Newfront and more.

Posted: Aug 03, 2023

Premiums, loss ratios both swelled in 2022

Experts analyze the year’s top 100 insurance groups and companies along with top carriers in key lines of business.

Posted: Aug 03, 2023

Deciphering the designation: CPCU

What is the CPCU designation, who is it for and why does it matter for your career?

Posted: Aug 03, 2023

Duty to defend versus indemnify is distinct, says U.S. Fifth Circuit

The Fifth Circuit reversed and remanded on the duty to indemnify because the ruling of the district court was premature.

Posted: Aug 03, 2023

Motorcycle thefts up for third consecutive year in 2022, NICB says

Motorcycle thefts were up 7%, according to the NICB, which breaks down the most commonly stolen bike brands.

Posted: Aug 03, 2023

Flashpoint: The California insurance marketplace's current crisis

Increased wildfire risks, economics and an inability to increase coverage rates as needed are leaving California homeowners exposed.

Posted: Aug 02, 2023