NU Property & Casualty 360

Privacy and cybersecurity risks in the metaverse: 5 steps to protect your data

To succeed in the metaverse, businesses must consider how they will collect, use and manage data as they enter this uncharted virtual territory.

Posted: Apr 27, 2023

Innovating commercial auto distribution through telematics

New tools are enabling insurers to enhance the profitability of their commercial auto business through risk pre-selection.

Posted: Apr 26, 2023

7 Ways to avoid falling victim to a PayPal scam

Merchants and consumers alike like to use PayPal to easily manage online transactions. The site also is attractive to scammers.

Posted: Apr 26, 2023

Swiss Re: After 2022 drop, P&C ROE is looking up

If Swiss Re's prediction for 2023's ROE materializes, it would mark the strongest YoY improvement since 2009.

Posted: Apr 26, 2023

U.S. traffic deaths declining, but remain 'too high'

The estimated fatality rate for 2022 is projected to be 1.35 deaths per 100 million vehicle miles traveled, down from 1.37 the year prior.

Posted: Apr 26, 2023

Hospital cited for inadequate protections against workplace violence

Health care workers at the facility were subjected to more than 500 incidents of violence during a seven-month period, OSHA contends.

Posted: Apr 26, 2023

Privacy and cybersecurity risks in the Metaverse: 5 steps to protect your data

To succeed in the metaverse, businesses must consider how they will collect, use and manage data as they enter this uncharted virtual territory.

Posted: Apr 26, 2023

Examining the risks and rewards of ChatGPT for the insurance industry

Artificial intelligence has the ability to sort through and synthesize vast amounts of data, but with that benefit come increased risks for users and their insurers.

Posted: Apr 26, 2023

Claims technology: Toddler or teenager?

The 2023 PropertyCasualty360 Insurance Luminaries recognition program will spotlight innovative claims practices and leaders.

Posted: Apr 26, 2023

The most family-friendly cars of 2023

These are the best 2023 model family cars across nine categories, according to U.S. News & World Report.

Posted: Apr 25, 2023

'Completely slimy and dishonest': Lawyers divided over litigation funding

There are strong opinions about litigation funding with some believing it promotes frivolous lawsuits while others say it aids plaintiffs who can't afford to bring suit against a defendant.

Posted: Apr 25, 2023

Around the P&C insurance industry: April 26, 2023

Insurance industry news from Grange Insurance, SIAA, Pathpoint and more.

Posted: Apr 25, 2023

Reforms bearing fruit for Michigan's troubled auto insurance market

Insurers are paying out less in claims and policyholders have seen premiums drop following 2020 changes to the state’s no-fault system.

Posted: Apr 25, 2023

Here’s how texting and driving impacts auto insurance rates

You can be ticketed for texting while driving in most U.S. states. Then, auto insurance costs could go up as much as 31%.

Posted: Apr 24, 2023

'They're just killing us': Defense Bar confronts rise in nuclear settlements

"The No. 1 cause of nuclear verdicts is plaintiffs lawyers," said Robert Tyson, who has sought to rally the defense bar against rising verdicts and settlements.

Posted: Apr 24, 2023

Median U.S. home price posts its largest drop since 2021

The worst affected market was Boise, Idaho, where the cost of a home fell 15.4% in the year.

Posted: Apr 24, 2023

Gallagher Re: 2023 begins with above-average global catastrophe losses

Devastating earthquakes in Turkey and Syria were the leading driver behind global catastrophe losses to start 2023.

Posted: Apr 24, 2023

Lightning-related fires behind as much as 5% of commercial property claims

Cumulatively, lightning-related fires account for $2 billion in annual payouts to small- and medium-sized businesses.

Posted: Apr 24, 2023

Risk and opportunities in the tech, media & telecom sector

Cyber, business interruption and critical infrastructure failures rank as top industry perils facing the sector.

Posted: Apr 24, 2023

States with the most in-force NFIP policies

Flooding is the most common and expensive natural disaster in the U.S., according to NOAA.

Posted: Apr 24, 2023

No free lunches: Recovering defense costs in Massachusetts

This case has brought a larger legal question in Massachusetts of whether an insurance company, and under what circumstances, has a right to recoup defense costs provided to an insured.

Posted: Apr 23, 2023

The Hartford donating $3.5M to adaptive sports organization Move United

The Hartford’s ongoing partnership with Move United includes equipment donations to local adaptive sports programs and hosting The Hartford’s Adaptive Sports Competition Series.

Posted: Apr 23, 2023

'Look what Texas is doing': States with biggest insurance settlements - and those pushing back

Six states account for nearly 65% of the nuclear verdicts across the U.S.

Posted: Apr 23, 2023

Who's using what in P&C insurance: April 24, 2023

Insurance technology news from Roundstone Insurance, Cognizant, Bowhead Specialty Underwriters and more.

Posted: Apr 23, 2023

Rising cyberattacks in Japan show how U.S., Europe are also vulnerable

While Japan has its own particular problems with hackers, many of its vulnerabilities are shared by the U.S.

Posted: Apr 23, 2023