NU Property & Casualty 360

How to more accurately manage risk with geolocation data

Having accurate, up-to-date geolocation data is more critical than ever as property risk shifts to reflect a changing climate.

Posted: Oct 16, 2023

Insurance coverage Q&A: Artificial turf and trees, shrubs, plants and lawns

Is artificial turf part of coverage B — other structures, or part of coverage A or coverage C?

Posted: Oct 15, 2023

Beyond Hunger and IICF providing relief for Chicago food insecurity

This story is part one of a five-part series for the Insurance Industry Charitable Foundation (IICF) Week of Giving.

Posted: Oct 15, 2023

These states are seeing the most auto thefts with U.S. on pace to set record

Illinois, New York and Ohio saw double-digit increases in the rate of stolen vehicles during the first half of 2023, according to the NICB.

Posted: Oct 15, 2023

Who's using what in P&C insurance: October 16, 2023

Insurance technology news from BDI Global, Betterview, ManageMy and more.

Posted: Oct 15, 2023

Slide acquires renewal rights for 86K Farmers' home policies in Florida

As it stands, the insurtech has roughly 170,000 home insurance policies in the state.

Posted: Oct 15, 2023

Inside Nationwide's 'bionic business model'

Executive Vice President and CTO Jim Fowler considers generative AI to be pivotal to the company’s future.

Posted: Oct 15, 2023

People on the move in the P&C insurance industry: October 13, 2023

The latest insurance industry personnel news from ATF Medical, Alliant Insurance Services, Inver Re and more.

Posted: Oct 12, 2023

NCCI deconstructs trends around high cost workers' comp claims

Review the difference between fast and slow claims and how the pace at which a claim unrolls impacts loss costs.

Posted: Oct 12, 2023

Judge OKs State Farm's lawsuit alleging chiropractic practice filed over 100 fraudulent claims

State Farm alleges the fraud scheme operated for more than a decade.

Posted: Oct 12, 2023

Architects, engineers face insurance capacity crunch

Professional lines are feeling the impact of social inflation, making it an increasingly difficult segment for insurers.

Posted: Oct 12, 2023

The fundamentals of flood insurance

Review what flood insurance does and doesn’t cover as well as how ‘flooding’ is defined by the NFIP.

Posted: Oct 12, 2023

Risks of hosting EV charging stations

There are many reasons for commercial property owners to have EV charging, but new technologies bring their own risks.

Posted: Oct 12, 2023

Omnichannel engagement approach boosts policyholder retention

Sending cancellation messages via text message on the day of renewal reduced cancellations by 52%, insured.io reports.

Posted: Oct 11, 2023

U.S. sets record for number of annual data breach events

The previous record of 1,862 compromises was set in 2021, the Identity Theft Resource Center reports. This year has seen more than 2,100 data-compromise events with three months to go.

Posted: Oct 11, 2023

Data-enabled insurers are poised to transform insurance

Insurers that fail to cook up the right recipe for applying data and analytics to their business will find themselves playing catchup.

Posted: Oct 11, 2023

MarketScout reports cooling of commercial insurance rates

Underwriters, however, remain wary about the potential impact of climate-driven disasters.

Posted: Oct 11, 2023

U.S. counties with the lowest natural disaster risk

According to a CoreLogic report, six of the ten counties least at risk of natural disasters are in the same state.

Posted: Oct 11, 2023

Judge rules plaintiff's lack of proximity to insured vehicle during crash excludes him from coverage

An insurance company isn't required to cover a man who was severely injured after he was struck by a vehicle in the process of helping an unconscious motorist.

Posted: Oct 11, 2023

What’s behind Florida insurers being battered with lawsuits the last 10 months?

Heading into September, nearly 100 federal lawsuits were filed against property and casualty insurers, according to Law.com Radar.

Posted: Oct 10, 2023

Auto claim payments sharply increased because of social, economic inflation

Social inflation and general inflation combined to push commercial auto liability payments higher by as much as $44 billion, Triple-I reports.

Posted: Oct 10, 2023

Around the P&C insurance industry: October 11, 2023

Insurance industry news from Renaissance Alliance, MarshBerry, Duck Creek Technologies and more.

Posted: Oct 10, 2023

The insurance response to growing geopolitical risk

It's a tough time for insureds to plan for unpredictability or disruption due to political headwinds, says Markel's Andrew Umphress.

Posted: Oct 10, 2023

Top 10 cyber breaches for the first half of 2023

National Cybersecurity Awareness Month is an opportune time to survey the year's biggest cyber breaches.

Posted: Oct 10, 2023

An 'instant' approach to accident management & crash response

Instantaneous auto accident reporting reduces loss costs by $800-$1,025 per claim, Agero reports.

Posted: Oct 10, 2023