NU Property & Casualty 360

How a 10-story wood building survived more than 100 earthquakes

The structure is the tallest ever subjected to simulated earthquakes on the world’s largest high-performance ‘shake table.’

Posted: Jun 05, 2023

Equipping the next generation of insurance claims professionals

Today’s claims experts need a combination of traditional insurance-related education and soft skills to succeed.

Posted: Jun 05, 2023

Top reasons some insureds shun electric vehicles

Cost, safety concerns and political affiliations are all reasons that many consumers remain wary of electric vehicles.

Posted: Jun 05, 2023

Policyholder claims Progressive undervalued totaled vehicles

The class action suit alleges the insurer ‘thumbed the scale’ when setting the actual cash value of vehicles deemed a total loss.

Posted: Jun 05, 2023

Insurers cannot overlook voice-channel digital transformation

Branded calling technology helps insurers that are struggling with low call-answer rates among customers.

Posted: Jun 05, 2023

Heavy lies the crown: Why California's largest home insurer hit pause

State Farm is expected to maintain its leading market share in California even without writing new business, according to Fitch Ratings.

Posted: Jun 05, 2023

Heavy lies the crown: Why California's largest home insurer hit pause & what comes next

State Farm is expected to maintain its leading market share in California even without writing new business, according to Fitch Ratings.

Posted: Jun 05, 2023

Nominations now open for 2023 Agency of the Year Award

The three winners selected for this award will be leading independent agencies in the U.S. that demonstrate strength in their variety of business.

Posted: Jun 04, 2023

Final days to submit PropertyCasualty360 Insurance Luminaries nominations

June 7th is the deadline to nominate innovative insurance stars for this distinct professional recognition.

Posted: Jun 04, 2023

The most dangerous U.S. cities for motorcyclists

There were 55,166 motorcycle fatalities in the U.S. between 2011-2021, according to the NHTSA.

Posted: Jun 04, 2023

Arizona, dog breeds and home insurance policies

The Arizona Department of Insurance and Financial Institutions has announced a new law regarding dogs and homeowners policies that goes into effect June 30, 2023.

Posted: Jun 04, 2023

Who's using what in P&C insurance: June 5, 2023

Insurance technology news from PCF Insurance Services, Socotra, AFCO Credit Corp. and more.

Posted: Jun 04, 2023

Report: Hurricane risk is moving inland

A report from CoreLogic shows more than 32 million U.S. residences are at risk of damage from hurricane-force winds.

Posted: Jun 01, 2023

Redefining the expectations of a mold assessment - Part 2

The flawed approach of treating sampling as a priority over an informed physical inspection is a systemic problem in the indoor environmental industry.

Posted: Jun 01, 2023

People on the move in the P&C insurance industry: June 2, 2023

The latest insurance industry personnel news from Island Insurance, NFP, Coaction Global and more.

Posted: Jun 01, 2023

State Farm faces class action for allegedly shortchanging luxury car owners

The suit alleges that State Farm refuses to pay the full hourly rate charged by mechanics certified to repair luxury autos.

Posted: Jun 01, 2023

Central New York fraud case spotlights crop insurance crime

The U.S. GAO has reported that the federal crop insurance program is historically vulnerable to, "fraud, waste and abuse."

Posted: Jun 01, 2023

It is hard to know how ID fraud occurs in claims, carriers say

Around 80% of insurance carriers say they deal with identity-related fraud on a monthly basis.

Posted: Jun 01, 2023

Alternative capital in property and casualty insurance: A way forward

McKinsey analysts suggest that insurers consider making alternative capital a core part of their capital-management strategy.

Posted: May 31, 2023

Laggards no more: Insurers appear as early AI adopters

Nearly 60% of insurance companies surveyed reported already leveraging generative AI.

Posted: May 31, 2023

7 steps for improving claims payment accuracy

Assessing and determining the value of items involved can require the expertise of contents valuators and other experts.

Posted: May 31, 2023

A digitized future for surety: Efficiency, accuracy and trust

Businesses that use cloud solutions report increased sales performance, customer engagement, operational advantages and more.

Posted: May 31, 2023

Be proactive! 5 ways small business owners can avoid employee turnover

The estimated cost to replace a departing employee is 2.5 times their salary, so showing employees you value them as individuals can make a positive impact on employee retention.

Posted: May 31, 2023

Anti-subrogation rule & workers’ comp 1B coverage in construction accidents

Without definitive guidance from New York courts, we can expect practitioners and courts alike to continue to grapple with questions.

Posted: May 31, 2023

Around the P&C insurance industry: May 31, 2023

Insurance industry news from Corvus Insurance, Synatic, Verisk and more.

Posted: May 30, 2023