NU Property & Casualty 360

Making a difference: July 28, 2023

Philanthropic insurance news from Mosaic Insurance and more.

Posted: Jul 27, 2023

People on the move in the P&C insurance industry: July 28, 2023

The latest insurance industry personnel news from Atain Insurance Companies, Marsh, Archipelago and more.

Posted: Jul 27, 2023

Analytics prepare insurance carriers for the rapid pace of risk

Three tech leaders discuss the most valued data and analytics skills, industry trends, and what matters most to today's carriers.

Posted: Jul 27, 2023

Construction firm accused of insurance fraud, underreporting payroll by over $4M

The business owners are also accused of failing to file a workers’ comp claim following an employee injury.

Posted: Jul 27, 2023

Liberty Mutual pulling BOP line in California

The company will continue operating other commercial lines for small- and medium-sized businesses in the state.

Posted: Jul 27, 2023

Tips for taking examinations under oath of insureds or claimants

An EUO is conducted to gather information and can help confirm what an insurance adjuster does or doesn’t know about a claim.

Posted: Jul 27, 2023

Agent expertise & guidance are vital as businesses seek cost savings

Discover the four questions to ask when working to managing insurance costs for commercial clients.

Posted: Jul 26, 2023

Insurer who rejected $100K settlement offer hit with $900K jury verdict

Following a rear-end collision, a pair of Atlanta attorneys offered to settle their client's injury complaint for a $100,000 policy limit, but the defendant's insurer declined.

Posted: Jul 26, 2023

The embedded opportunity beckons to insurers

Act soon, and boldly: EY research indicates that up to 30% of insurance transactions will be embedded by 2028.

Posted: Jul 26, 2023

Ivans: Most premium renewal rates continue to increase

Worker’s comp and umbrella insurance policies are the only lines of business that failed to show YOY premium growth in Q2 2023.

Posted: Jul 26, 2023

Driving changes across auto claims and collision repair

Shifts in how people work, live and drive are profoundly affecting the P&C insurance economy, adding more complexity, cost and time into the claims and repair process.

Posted: Jul 26, 2023

Swimming pool injuries have returned to pre-pandemic levels

These tips from ValuePenguin will help ensure you have the proper insurance coverage should disaster strike at your personal pool.

Posted: Jul 25, 2023

Around the P&C insurance industry: July 26, 2023

Insurance industry news from Munich Re Specialty Insurance, Big “I”, BRP Group and more.

Posted: Jul 25, 2023

Florida legislators battle to hold costs down, but homeowners face increasing costs

Recent legislation will not magically bring insurance companies back to the market overnight, but it can bring short-term relief and long-term stability.

Posted: Jul 25, 2023

Insured losses during 2023's first half were 4th highest on record

The first half of the year saw 18 billion-dollar loss events worldwide and 14 of them occurred in the U.S., according to Aon.

Posted: Jul 25, 2023

How predictive analytics enhance workers' comp risk management

Today's powerful predictive analytics tools can improve safety outcomes and reduce claims.

Posted: Jul 25, 2023

Customers more willing to share personal data with insurers

Around 79% of respondents to a Capco survey said they consider themselves well-informed about the insurance products available to them.

Posted: Jul 25, 2023

Survey: Customers more willing to share personal data with insurers

Around 79% of respondents to a Capco survey said they consider themselves well-informed about the insurance products available to them.

Posted: Jul 24, 2023

Lawyers use insurer's 'bad faith' negotiations to get 5 times the policy limits

"With negotiations concluded, Allstate ultimately paid $500,000, which was $400,000 more than what the company was contractually required to pay," said plaintiff counsel.

Posted: Jul 24, 2023

Best auto insurance for low-mileage drivers

Low-mileage drivers log less than 6,000 miles a year and may qualify for auto insurance discounts.

Posted: Jul 24, 2023

How specialty insurers can overcome current underwriting challenges

Review three time-tested principles for successfully assessing risk in today’s market.

Posted: Jul 24, 2023

Don’t knock the knock-on effect of hurricanes

Determining a client’s property and environmental insurance needs, requires assessing and accounting for their risk exposure today and in the future.

Posted: Jul 24, 2023

Auto claims severity has been growing, despite frequency dropping

From 2002-2022, physical damage and bodily injury claims grew more than 4.5%, annualized, the Insurance Research Council reports.

Posted: Jul 24, 2023

American home buyers are flocking to highly disaster-prone areas

The nation’s most flood-prone counties experienced a net influx of about 400,000 people in 2021 and 2022.

Posted: Jul 24, 2023

Top medical professional liability carriers of 2022

The American Medical Association reported nearly half of physicians 55 and older have been sued at some point in their careers.

Posted: Jul 24, 2023