NU Property & Casualty 360
The claim was initially denied because a policy provision excluded coverage for related claims.
Posted: Mar 21, 2024
With the possibility of late snowfall and severe weather on the horizon this spring, businesses must create a plan to get ahead of unique spring risks.
Posted: Mar 21, 2024
U.S. Supreme Court decides choice-of-law provision stands after yacht owner’s insurance called for using state law of Pennsylvania over New York law.
Posted: Mar 21, 2024
Honda is cooperating with the NHTSA for the second time since 2022 to investigate issues with its emergency braking system.
Posted: Mar 21, 2024
The latest insurance industry personnel news from RT Specialty, State Farm, Chubb and more.
Posted: Mar 21, 2024
Although risks are becoming more complex, around 75% of CROs are confident in their organizations' ability to manage them.
Posted: Mar 21, 2024
Insurity released the results of its 2024 AI in Insurance Report, revealing 63% of respondents had a positive AI experience with their insurer.
Posted: Mar 20, 2024
Outdated equipment and open networks make operational technologies at industrial complexes susceptible to cyberattacks.
Posted: Mar 20, 2024
New SEC rules are designed to standardize climate-related disclosures about GHG emissions and weather-related risks by public companies and offerings.
Posted: Mar 20, 2024
Cyber liability coverage is now necessary for most businesses, but it's no substitute for strong cybersecurity procedures.
Posted: Mar 20, 2024
Insureds who use digital tools for claims reporting see faster claim times overall, but J.D. Power found that this hasn’t helped overall satisfaction among those customers.
Posted: Mar 20, 2024
In total, the company will not be renewing some 72,000 commercial and personal property policies in the state.
Posted: Mar 20, 2024
Zillow analysis identifies the least affordable housing markets in 2024, discovers a 96.4% hike in mortgage payments and rise in “house hacking.”
Posted: Mar 19, 2024
Insurance industry news from Nordic Capital, Chubb, USQRisk and more featured in weekly update.
Posted: Mar 19, 2024
The settlement consisted of $12 million from an AXA XL excess coverage policy and $3 million total from three other policies.
Posted: Mar 19, 2024
Wages have continued growing, in turn boosting payrolls and premiums for most industries.
Posted: Mar 19, 2024
Chrysotile is the only known type of asbestos still being imported, processed and distributed in the U.S.
Posted: Mar 19, 2024
Part 3 of 3: Agents are muddling through rising premiums, tough technology and a challenging regulatory environment.
Posted: Mar 19, 2024
Waymo released a new fleet of driverless vehicles in L.A. on March 14, with some hailing the robotaxi service as revolutionary and others weary of dangers.
Posted: Mar 18, 2024
Tipsord is retiring after 36 years with the company. He will continue on in his role as chairman of the company's board.
Posted: Mar 18, 2024
Gen Z’s reputation for fearless quitting when their needs aren’t met has been met with disapproval from some older managers, but their attitude represents an enormous opportunity.
Posted: Mar 18, 2024
There are steps an insured can take if they find themselves on the receiving end of a claim denial.
Posted: Mar 18, 2024
While the number of events was up, the total number of units recalled saw a 50% decrease compared with 2022, Sedgwick reports.
Posted: Mar 18, 2024
Part 2 of 3: Survey indicates insurtech tools are abundant, but they don’t necessarily meet insurance-agent needs.
Posted: Mar 18, 2024
Officials report at least half of the buildings in one Indiana town were damaged by a tornado in last week's storms.
Posted: Mar 17, 2024