NU Property & Casualty 360

Around the P&C insurance industry: July 19, 2023

Insurance industry news from Risk Strategies, Kin, Nationwide and more.

Posted: Jul 18, 2023

The most dangerous destinations in the world

These global destinations may be tempting to travelers, but could make for a treacherous trip.

Posted: Jul 18, 2023

Judge sues insurers for alleged bad faith in Boys Scouts sex abuse cases

More than 90 insurance companies are accused of breach of contract and bad faith in the suit.

Posted: Jul 18, 2023

Examining risks and opportunities in the insurance industry

Bruce Eisler, chief executive officer U.S. and chief underwriting officer for Aspen Insurance, shares insights on what he’s seeing in the industry, the factors insurers should be watching and the opportunities ahead.

Posted: Jul 18, 2023

Broker gets prison time for theft of nearly $190K

In addition to keeping premiums, the broker also drafted fake certificates of insurance to cover up his crime.

Posted: Jul 18, 2023

Rising interest rates impact insurance M&A activity

The current high interest rate environment forced some buyers to retreat. But there are reasons for optimism, OPTIS Partners says.

Posted: Jul 18, 2023

Insurers battle over duty to defend Christian counseling clinic owned by representative's husband

Bachmann & Associates is a Christian counseling clinic run by the husband of House Rep. Michele Bachmann, R-Minnesota.

Posted: Jul 17, 2023

Can insurers still trust their banks?

Although there are undercapitalized banks like SVB, banks remain conservative by nature regardless of their size and scope.

Posted: Jul 17, 2023

Summer fun: Make sure these insurance policies are up-to-date

Summertime insurance claims often result from such activities and events as camp fires, swimming, boating and burglaries.

Posted: Jul 17, 2023

All my 'excess' live in Texas: Texas Supreme Court holding on additional insured status

The Texas Supreme Court considered a case and focused on two questions: Who is an insured under the umbrella policy and for what coverage?

Posted: Jul 17, 2023

Insurance brokers: Embrace revenue automation to drive profitability

Brokers large and small often grapple with accurately predicting their future revenue.

Posted: Jul 17, 2023

California's workers' comp benchmark rate lowered

The lower advisory rate is below the $1.50 average proposed by the Workers’ Compensation Insurance Rating Bureau of California.

Posted: Jul 17, 2023

Staying safe as U.S. faces record-breaking heat

The National Weather Service expects record-setting temperatures for the early part of this week.

Posted: Jul 17, 2023

Deadline extended for Agency of the Year nominations

The nomination deadline for the 2023 Agency of the Year awards has been extended to Friday, July 21 at 12 p.m. E.T.

Posted: Jul 16, 2023

Who's using what in P&C insurance: July 17, 2023

Insurance technology news from Nationwide, Steadily, Hourly and more.

Posted: Jul 16, 2023

Privacy protections create liability for companies collecting personal data

New biometric statutes provide an opportunity for companies to review their insurance coverage for related risks.

Posted: Jul 16, 2023

Deadly storms across US Northeast bring floods, tornado alerts

At least five people died and two children were still missing after floods ripped through Pennsylvania.

Posted: Jul 16, 2023

Opioids situation improves, but workers' comp pharmacy faces new challenges

Nikki Wilson of Enlyte discusses the challenges pharmacies face as the nation continues to grapple with the opioid epidemic.

Posted: Jul 16, 2023

What smart brokers can do to win the SMB market

By leveraging technology, brokers free up resources to apply the 'high touch' necessary to secure and nurture new business.

Posted: Jul 14, 2023

Florida's critical reinsurance market improves, but at a price

Reinsurance, which is essentially insurance for insurers, helps drive the catastrophe-prone Florida insurance system.

Posted: Jul 14, 2023

What is an occurrence?

Disagreement over the meaning of “occurrence” has led to conflicts between insurers and insureds.

Posted: Jul 14, 2023

People on the move in the P&C insurance industry: July 14, 2023

The latest insurance industry personnel news from The Hartford, Alliant Insurance Services, Fred C. Church and more.

Posted: Jul 13, 2023

Making a difference: July 14, 2023

Philanthropic insurance news from NFP, RT Specialty, Starr Insurance and more.

Posted: Jul 13, 2023

'Adversarial machine learning' & other potential AI risks

Growing use of artificial intelligence and machine learning is opening up new lanes of vulnerability.

Posted: Jul 13, 2023

Farmers pulling reins on property lines in Florida, California

The company said the move will affect only Farmers-branded policies and will not affect policies sold Florida by subsidiaries Foremost and Bristol West.

Posted: Jul 12, 2023