NU Property & Casualty 360

The human and workplace cost of climate catastrophes

While organizations cannot control the outcomes of natural disasters, they can create safe, flexible and inclusive work environments where employees feel secure and safe to return after a natural disaster occurs.

Posted: Jul 12, 2023

What professional liability rate increases really say about a carrier

If history tells us anything, it’s that carriers who offer low rates won’t be around for very long (or a disproportionately large increase is coming your way).

Posted: Jul 12, 2023

Optimize your personal finances through a business sale

Even a small percentage of tax savings on a multimillion-dollar deal can translate into significant dollars.

Posted: Jul 12, 2023

The rising threat of negligent security claims: Proactive measures for mitigation

These claims hold property owners responsible for injuries resulting from crimes that occur on their premises, emphasizing the need to foresee potential risks and take reasonable steps to prevent them.

Posted: Jul 12, 2023

Crop insurance exec testifies before U.S. Senate committee

The United States Farm Bill is up for renewal at the end of 2023.

Posted: Jul 12, 2023

Around the P&C insurance industry: July 12, 2023

Insurance industry news from Coalition, Zurich North America, MarshBerry and more.

Posted: Jul 11, 2023

Navigating the insurance struggles of affluent clients

Katherine Frattarola of HUB Private Client delves into the unique insurance struggles high- and ultra-high-net-worth families face when trying to properly protect their assets.

Posted: Jul 11, 2023

What percentage of income are U.S. drivers spending on auto insurance?

Residents of these states put the largest percentage of their income toward auto insurance coverage, according to Assurance.

Posted: Jul 11, 2023

Experience, data & resilience are key for insuring renewables

The solar industry is expected to grow as much in the next five years as it has in the past two decades combined.

Posted: Jul 11, 2023

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

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

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

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

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

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

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