NU Property & Casualty 360

Wildfire: A multilayered approach to a multilayered peril

Insurers now lean on purpose-built tools and scientifically derived data to manage shifting exposures and regulatory requirements.

Posted: Jul 11, 2023

$10.4M verdict over fatal pedestrian collision includes award against insurance brokers

The plaintiff claimed they relied on the broker’s expertise when purchasing insurance and believed they were fully covered.

Posted: Jul 11, 2023

Single-family homes are taking longer to build

Census says developers need nearly six weeks longer to build a single-family house than the average completion time in 2021.

Posted: Jul 10, 2023

Shake the data entry blues: Efficiency tips for agents

Market factors and inadequate technology are chipping away at agency profits. Here’s how to get more efficient and forge better relationships with carriers.

Posted: Jul 10, 2023

Nuclear verdicts raise alarm: Preventing legal system abuse

Plaintiff attorneys are employing multiple strategies to initiate more lawsuits, drive up litigation expenses and settlements, and secure higher verdicts.

Posted: Jul 10, 2023

Forbes Advisor: What pet insurance does, doesn’t cover

Knowing the variations among pet insurance policies can come in handy for service-minded insurance professionals.

Posted: Jul 10, 2023

Deadly New York flooding snarls travel with more rain coming

As much as 8.12 inches of rain fell at the U.S. Military Academy at West Point, located north of New York City.

Posted: Jul 10, 2023

French clashes are the latest in a growing number of civil unrest incidents

An estimated $1.1 billion worth of damage was done to businesses during the recent unrest in France.

Posted: Jul 10, 2023

Miami lawyers who got $16.7M against Florida insurer now want $20M more

"We went in and did this form of alternative dispute resolution, ... and they said, 'We're not paying. We want to present our defenses,’” plaintiff counsel said about Heritage Property and Casualty Co.

Posted: Jul 10, 2023

Miami lawyers get $16.7M against Florida insurer—now they want $20M more

"We went in and did this form of alternative dispute resolution, ... and they said, 'We're not paying. We want to present our defenses,’” plaintiff counsel said about Heritage Property and Casualty Co.

Posted: Jul 09, 2023

Independent agents lean on relationships, service to continue growth

This is your last week to apply for the 2023 Agency of the Year Award! Nominations close Friday, July 14.

Posted: Jul 09, 2023

States where rent prices have grown the most

The national median rent price now sits at $1,995, tumbling from a peak of $2,053 in August 2022.

Posted: Jul 09, 2023

Who's using what in P&C insurance: July 10, 2023

Insurance technology news from Cytora and more.

Posted: Jul 09, 2023

Is your CISO adequately protected from risk?

Discover how both D&O and cyber policies can offer enhanced protection for your CISO.

Posted: Jul 09, 2023

Rocky property CAT renewals stress insurer, reinsurer tug-of-war

Property catastrophe reinsurance was the most challenging segment of the market during the recent renewal season.

Posted: Jul 09, 2023

Is the insurance industry prepared for an unstable marketplace?

Expect more tech experimentation and risk-taking as insurers push for competitive differentiation and profitable growth.

Posted: Jul 07, 2023

Steps to take if your information was exposed in the MOVEit data breach

The Maryland Insurance Administration offers recovery tips in the wake of the massive MOVEit data breach, which has affected more than 1 million people.

Posted: Jul 07, 2023

Slip-and-fall scams can be sophisticated and extensive

While these scams often sound like the work of amateur fraudsters, a recent $31M scheme proves otherwise.

Posted: Jul 06, 2023

The benefits of defining a career path

A well-defined career path can be the best tool for attracting new talent.

Posted: Jul 06, 2023

People on the move in the P&C insurance industry: July 7, 2023

The latest insurance industry personnel news from Accretive Insurance Solutions, Swiss Re, Hiscox and more.

Posted: Jul 06, 2023

Understanding the impact of automation in claims

Claims Management 2.0 is quietly revolutionizing the claims process for insurers and their policyholders.

Posted: Jul 05, 2023

Wildfire smoke & air quality: Keeping workers' safe

Wildfire smoke can affect the body in several ways, from burning eyes to worsening chronic respiratory conditions.

Posted: Jul 05, 2023

Hurricane preparedness is increasingly crucial for businesses

Business owners who prepare vigilantly are in the best possible position to weather a storm. Here's how...

Posted: Jul 05, 2023

Aging homes, growing values driving up insured losses from convective storms

Older houses are over 3.5 times more likely to generate new hail claims than recently built houses.

Posted: Jul 05, 2023

French riot losses should be 'manageable' for insurance industry

DBRS Morningstar predicts total insured losses for the French insurance industry from the current unrest should remain below 1 billion euros.

Posted: Jul 05, 2023