NU Property & Casualty 360

Four things businesses expanding into Florida need to know about insurance coverage

The challenging insurance market means that companies should understand the factors affecting property and business rates.

Posted: Jun 18, 2023

Demystifying cyber insurance & the required data to insure at-scale

Carriers need cyber security services firms for active engagement and collaboration to develop and support a dynamic product.

Posted: Jun 15, 2023

Georgia court eyes 'authorized physician' term in workers' comp claims

'If you don't have the authorized treating physician's report releasing the person to full duty, then it's like a crapshoot,' Presiding Judge M. Yvette Miller said.

Posted: Jun 15, 2023

Inside the mind of fraudsters: What were they thinking?

A new study from the Coalition Against Insurance Fraud examines who commits insurance fraud and why.

Posted: Jun 15, 2023

Making a difference: June 16, 2023

Philanthropic insurance news from Invest, BlueSky Restoration Contractors, the Wholesale and Specialty Insurance Association and more.

Posted: Jun 15, 2023

Generali buying Liberty Mutual's Western European personal, small commercial businesses

Generali Group is buying Liberty Suguros’ operations in Ireland, Northern Ireland, Portugal and Spain for $2.5B in an all-cash deal.

Posted: Jun 15, 2023

People on the move in the P&C insurance industry: June 16, 2023

The latest insurance industry personnel news from Constellation Insurance, XPT Specialty, Exdion Solutions and more.

Posted: Jun 15, 2023

Florida equestrian rides high to $3.5M verdict over Progressive's social media defense

Progressive admitted liability but contested the damages arguing that two years after the crash, the plaintiff was well enough to compete in horseback riding competitions and the injuries were not severe.

Posted: Jun 14, 2023

The impact of forest fire smoke on building materials and electronic equipment

Forest fires can affect contain a variety of pollutants that affect wood, steel and concrete construction materials.

Posted: Jun 14, 2023

Illinois insurance department moves to online-only process for producer, agent licensing

The change will go into effect July 1, 2023, and affects initial license applications, renewal applications and payments.

Posted: Jun 14, 2023

Limited capacity, undervalued properties roil coastal insurance markets

Even coastal properties with appealing risk profiles still face rate increase increases between 15%-50%.

Posted: Jun 14, 2023

Could insurers get a reprieve from hurricane losses in 2023?

The 2022 hurricane season illustrated that even in a mild year, a single major storm can cause industry-shaking losses.

Posted: Jun 14, 2023

Why should agencies care about professional awards?

Nominations are currently open for the 2023 Agency of the Year awards.

Posted: Jun 14, 2023

Around the P&C insurance industry: June 14, 2023

Insurance industry news from Coalition, NFP, BRP Group and more.

Posted: Jun 13, 2023

NAIC: Top commercial auto insurers of 2022

These ten commercial auto insurers finished 2022 at the top, according to the National Association of Insurance Commissioners.

Posted: Jun 13, 2023

Class action against Geico alleges it secretly reported consumers' online behaviors to Google

The data was collected for for the purpose of 'data harvesting and targeted advertising,' according to the plaintiffs.

Posted: Jun 13, 2023

Surplus lines insurers are now the dominant players in cyber

From 2015-2020 the surplus line sector held a relatively steady 25% market share. It is now over 60%.

Posted: Jun 13, 2023

New weekly column to highlight insurance industry's good news

"Making a Difference" will be published weekly on Fridays. The new column will spotlight philanthropic work and more.

Posted: Jun 13, 2023

The role of collaboration in the insurance industry

Bryan Falchuk of Insurance Evolution Partners discusses the importance of partnership between legacy insurers and insurtechs based on research from his latest book.

Posted: Jun 13, 2023

Most homeowners that had weather damage in the past expect it to happen again

Just 2% of policyholders that have faced extreme weather think their homes will never see weather damages again.

Posted: Jun 12, 2023

Cyberattacks are accelerating with AI's help

"If you're a bad guy and you're not using ChatGPT or other LLMs to go and find vulnerabilities, you're probably not doing your job as a bad guy," said Scott Giordano, general counsel of Spirion.

Posted: Jun 12, 2023

Canadian wildfires affect air quality, lumber production

Across Canada, this year’s above-average number of wildfires have already destroyed at least 4 million hectares; about 1% of Canada’s total forest.

Posted: Jun 12, 2023

Insurify: 10 U.S. cities with the highest flood risk

Anywhere it can rain, it can flood. But these burgs are especially at risk.

Posted: Jun 12, 2023

Niche practice: Lawyers secure wins in dog-bite cases as insurance landscape shifts

In one case, the jury awarded the plaintiff $18,284.65 in economic damages and $400,000 in non-economic damages.

Posted: Jun 12, 2023

Worker injuries at food production sites have been dropping

Strains continue to be not only the most common type of injury, but also the most expensive.

Posted: Jun 12, 2023