NU Property & Casualty 360

People on the move in the P&C insurance industry: September 15, 2023

The latest insurance industry personnel news from atNorth, INSTANDA, Burns & Wilcox and more.

Posted: Sep 14, 2023

Preventing bad faith insurance litigation in Georgia

Discover how intended 'fixes' may not prevent bad faith litigation and ways to navigate this complex legal terrain.

Posted: Sep 13, 2023

Age diversity in C-suite can help with long-term innovation, study finds

Because younger executives have a longer career ahead of them, they can be patient about when investments will pay off.

Posted: Sep 13, 2023

Cities where you are most likely to get into a crash

While auto claims frequency in the United States has decreased over the last several years, claims severed has continued to climb.

Posted: Sep 13, 2023

Proposed California insurance regulatory deal fizzles

'We came so close,' said general counsel for the Independent Insurance Agents & Brokers of California.

Posted: Sep 13, 2023

U.S. surplus lines see 5th year of double-digit premium growth

In 2022, surplus lines carriers’ share of total P&C industry premium reached an all-time high of 11.2%.

Posted: Sep 13, 2023

Home insurance premiums grew 21% year-on-year

The U.S. home insurance premium is 35% higher today, on average, than it was two years ago, according to Policygenius.

Posted: Sep 13, 2023

Around the P&C insurance industry: September 13, 2023

Insurance industry news from ACORD, SIAA, Burns & Wilcox and more.

Posted: Sep 12, 2023

Verisk: Severe thunderstorms, wildfires no longer ‘attritional perils’

Verisk reports that severe thunderstorms have accounted for more than 70% of insured losses in 2023 so far.

Posted: Sep 12, 2023

Despite recent rate hikes, most Americans find insurance rating factors fair

More than 40% of policyholders think education level shouldn’t be considered when setting personal auto rates.

Posted: Sep 12, 2023

Geico prevails in fight for criminal records in civil fraud case

A doctor and pain management center involved in the alleged scheme said the records were irrelevant and privileged, as the criminal charges were dismissed.

Posted: Sep 12, 2023

NJ Supreme Court weighs exceptions in workers' comp statute for injuries during commute

'What I am suggesting is that we read the statute — and it could have been written better — to be sure,' Chief Justice Stuart Rabner said.

Posted: Sep 12, 2023

10 Most popular U.S. cities for relocating in 2023

Today’s transient homebuyers tend to be look for affordability, warm weather and high quality-of-life.

Posted: Sep 12, 2023

The worst places in the U.S. to retire

Recently, Bankrate crunched the numbers to find out how the U.S. states rank when it comes to their friendliness to retirees.

Posted: Sep 11, 2023

Technology is changing how lawyers serve insurers

Lawyers will need to consider the ways in which technology tools can improve the way they serve insurers—while also being aware of the risks.

Posted: Sep 11, 2023

I wish I knew then what I know now: Asbestos & the need for testing

Asbestos was never fully banned in the U.S. and is still being used in building materials to this day.

Posted: Sep 11, 2023

Court rules one lawyer is enough in insurer's fight over attorney fees

The ruling hinged on the insurer's right under the policy to control the defense.

Posted: Sep 11, 2023

Multi-agency task force breaks up luxury auto theft ring

Since April, more than 500 felony charges have been filed and 132 vehicles, valued at $11.5 million, have been recovered.

Posted: Sep 11, 2023

Multiagency task force breaks up luxury auto theft ring

Since April, more than 500 felony charges have been filed and 132 vehicles, valued at $11.5 million, have been recovered.

Posted: Sep 11, 2023

Morocco braces for earthquake aftershocks

The country's natural catastrophe insurance pool reportedly has a limit of $275 million in excess of $25 million.

Posted: Sep 11, 2023

Rule hastening disclosure of cyber breaches likely to ignite litigation, insurance headaches

Public companies will shoulder the potentially costly burden of a new federal rule giving them just four days to report a cybersecurity incident.

Posted: Sep 10, 2023

Shifting climate, intensifying storms driving insurance crisis in Louisiana

More than 8% of Louisianans were displaced by a natural disaster last year, compared to a nationwide average of 1.6%.

Posted: Sep 10, 2023

The most common causes of retail workers' comp claims

Gain insights on how clients in the retail space can reduce these workplace injuries.

Posted: Sep 10, 2023

How organizations can protect those they serve

Church Mutual Insurance recommends a three-step approach to mitigate the risk of violence at businesses and organizations.

Posted: Sep 10, 2023

What lessons can U.S. insurers learn from China's experience with EVs?

The Chinese market saw 4.5M EVs sold through the first half of this year, nearly six times more than the U.S. market’s total.

Posted: Sep 10, 2023