NU Property & Casualty 360
The NCCI reported the sector had a combined ratio of 84 in 2022, marking the sixth consecutive year with a combined ratio below 90.
Posted: May 09, 2023
Propelling this legislation forward were filings in 2022 by Allstate, which increased rates by 40% during that calendar year.
Posted: May 09, 2023
The average payment for a Hurricane Ian-related claim was more than $104,000, according to FEMA.
Posted: May 08, 2023
The plaintiff received 12 times the policy limit of the defendant's insurance coverage.
Posted: May 08, 2023
The commercial insurance blog Embroker aptly points out that “not all top startups have a Bay Area budget.”
Posted: May 08, 2023
Here are five foundational steps that insurance firms should embrace in order to win at branding.
Posted: May 08, 2023
A provincial state of emergency was declared May 6, as over 100 fires actively burned in Alberta, Canada.
Posted: May 08, 2023
Gallagher Re reports that P&C insurtech funding drove the quarterly investment increase, as it surged by more than 53%.
Posted: May 08, 2023
Technology has become mission-critical in the P&C insurance sector. But which tools rise above the rest?
Posted: May 07, 2023
An idiopathic injury occurs when either the cause of an accident is unknown or when it is due to a personal condition of the employee with no relationship to a workplace risk or hazard. For an injury to be compensable under O.C.G.A. § 34-9-1(4), it m...
Posted: May 07, 2023
Insurance technology news from Openly, Carpe Data, Sunlight Solution and more.
Posted: May 07, 2023
Home insurance rates in the U.S. are expected to see an average increase of 9% this year.
Posted: May 07, 2023
From milk production coverage to income protection policies, insurers worldwide are taking novel approaches to lessen the blow from heat waves.
Posted: May 07, 2023
Insurance leaders often advise policyholders to beware of anyone who shows up unannounced right after a storm.
Posted: May 05, 2023
The latest insurance industry personnel news from Chubb, Mallory Agency, XPT Specialty and more.
Posted: May 04, 2023
Louisiana Department of Insurance reported that the firm and its partners engaged in insurance fraud involving at least 850 policyholders.
Posted: May 04, 2023
From highlighting what today’s employees want to the role of geopolitical risks, RiskWorld’s keynoters addressed multiple factors affecting the insurance industry.
Posted: May 04, 2023
Regardless of age or industry experience, employees in their first year on a job accounted for 34% of all claims.
Posted: May 04, 2023
Multi-factor and biometric authentication are new options in the cybersecurity landscape.
Posted: May 04, 2023
Evolving for the better: Agents and brokers should be well-versed in these issues to anticipate the industry's future.
Posted: May 03, 2023
As vehicles become more autonomous, determining liability in a crash will change and affect how coverage is applied.
Posted: May 03, 2023
When you provide a digital payment option, you make your life easier, and you make your customers happier.
Posted: May 03, 2023
Making matters worse, home replacement costs have escalated more than 55% since 2019, according to Triple-I.
Posted: May 03, 2023
An appeal is underway in a case involving a woman who had her workers' compensation benefits pulled for failing to stop smoking while undergoing medical treatments.
Posted: May 03, 2023
Ready.gov recommends residents in areas at risk of wildfires take these precautions to protect themselves and their property.
Posted: May 03, 2023