NU Property & Casualty 360

What is parametric insurance and why should we care?

Parametric insurance offers financial protection against losses that are often hard, or even impossible, to get insurance for in some instances.

Posted: May 28, 2023

Who's using what in P&C insurance: May 29, 2023

Insurance technology news from Stillwater Insurance Group and more.

Posted: May 28, 2023

Fowler White hauls in Florida victory for J.B. Hunt in complex insurance litigation trend

The suit was part of a growing trend to implicate large motor carriers when small motor carriers have limited commercial auto and primary coverage.

Posted: May 28, 2023

State Farm stops accepting home insurance applications in California

Growing construction costs increasing catastrophe exposure and a difficult reinsurance market led to the decision, according to the company.

Posted: May 28, 2023

A new (virtual) reality in injured workers' pain management & recovery

Studies show that VR therapy can help rewire the brain to reduce reliance on prescription painkillers and ease injury-related fears.

Posted: May 26, 2023

PURE Insurance's Derek Zahn discusses the claims experience

Personalizing the claims experience is one of the primary opportunities available to insurers.

Posted: May 25, 2023

People on the move in the P&C insurance industry: May 26, 2023

The latest insurance industry personnel news from NFP, Marsh McLennan Agency, Cowbell and more.

Posted: May 25, 2023

Commercial property insurance premiums spike a record 20.4% in Q1

Underwriting has also tightened, particularly for properties on the coast or in areas prone to natural catastrophes.

Posted: May 25, 2023

PropertyCasualty360 Insurance Luminaries nomination deadline extended

Winning an industry-specific award can catapult your company or career to the next level.

Posted: May 25, 2023

Evaluating strategies for permanently resolving asbestos litigation now

A recent bankruptcy case offers a cautionary tale to asbestos defendants who are watching their insurance assets dwindle as claims continue to be filed.

Posted: May 25, 2023

The U.S. insurance landscape: The good, the bad and the ugly

On the upside: Most U.S. insurers are turning a profit. On the downside: Too many are reliant on dated technology.

Posted: May 25, 2023

Just days left to submit 2023 PropertyCasualty360 Insurance Luminaries nominations

Winning an industry-specific award can catapult your company or career to the next level.

Posted: May 25, 2023

Investigation into wildfire mailers ends in public adjuster being banned from industry

The adjuster’s company had submitted claims without the consent or knowledge of homeowners.

Posted: May 25, 2023

Small business cyber trends

Business owners are realizing that they are either uninsured or vastly underinsured for cyber protection.

Posted: May 24, 2023

'Wild West of insurance': Attorneys battle over 'regular use' exclusion in UM/UIM policies

The Pennsylvania Supreme Court heard arguments over whether state law prohibits UM/UIM policies from excluding coverage for vehicles a policyholder regularly uses but does not own or insure.

Posted: May 24, 2023

Public adjuster banned from industry for misleading wildfire mailers

The adjuster’s company had submitted claims without the consent or knowledge of homeowners.

Posted: May 24, 2023

Calculating attorney fees: Court favors insurer in dispute over legal costs

A Texas appellate court recognized that an insurance carrier is entitled to recover all benefits paid to an injured worker out of the "first money" recovered from a liable third party.

Posted: May 24, 2023

New AI-driven technology helps brokers overcome inefficiencies

Here's what insurance organizations need to consider when adopting new tech to improve business processes.

Posted: May 24, 2023

Who leads the way in claims modernization?

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

Posted: May 24, 2023

How businesses can guard against email scams

Companies can implement specific procedures to help mitigate the impact of some phishing and cyberattacks.

Posted: May 23, 2023

Around the P&C insurance industry: May 24, 2023

Insurance industry news from Socotra, Obie, SecondSight and more.

Posted: May 23, 2023

The best road trips in the U.S.

Inflation has driven many to alter their normal travel plans and take to the road for summer vacation.

Posted: May 23, 2023

Supply & demand imbalance among forces pushing down D&O pricing

Are the middle market and private company D&O the keys to unlocking new opportunities in this sector?

Posted: May 23, 2023

How dirty data hinders insurance agency success

Clean, reliable data allows agencies to become more agile, responsive and productive. Here's how to get it.

Posted: May 23, 2023

Legal malpractice claim costs up, despite frequency stabilizing

Ames & Gough reported 70% of the surveyed insurers had a claim payout of more than $50M in the past two years.

Posted: May 23, 2023