NU Property & Casualty 360
The hail threat is growing and has unique cumulative effects. Here's how insurers can better address the risk.
Posted: May 11, 2023
U.S. commercial property insurers continue to voice concern about undervaluation and inflation, according to Marsh.
Posted: May 11, 2023
Despite insureds' purchasing preferences, chatbots are unpopular in all parts of the insurance buying process.
Posted: May 11, 2023
Consistently identifying property and corresponding business records can create underwriting challenges for insurers.
Posted: May 10, 2023
Skadden, Arps, Slate, Meagher & Flom partners Anita Bandy and Marc Gerber discuss grey areas and the scope of environmental, social and governance frameworks.
Posted: May 10, 2023
Despite insureds' purchasing preferences, chatbots are unpopular in all parts of the insurance buying process.
Posted: May 10, 2023
One of the most powerful tools insurance carriers have to fight fraud is to rescind a policy based on a material misrepresentation in the application.
Posted: May 10, 2023
Insurers will be required to report on how many zero-emission trucks are covered and the losses of these vehicles.
Posted: May 10, 2023
Rental facilities that leverage technology to enhance operations will win both with insurers and customers.
Posted: May 10, 2023
The Rhode Island Supreme Court vacated and remanded a lower court's ruling, determining a property owner had properly demanded an appraisal within the time limit provided in his policy with Allstate.
Posted: May 10, 2023
Mark Debus, clinical manager of behavioral health at Sedgwick, discusses the impact of trauma response and compassion fatigue for insurance first responders.
Posted: May 09, 2023
Insurance industry news from Carpe Data, RIMS, Openly and more.
Posted: May 09, 2023
According to a recent report from J.D. Power, more customers are shopping for auto policies than have been recorded in nearly two years.
Posted: May 09, 2023
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
Uniquely human skills can be enhanced by leveraging technologies that automate nonessential activities.
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 plaintiff received 12 times the policy limit of the defendant's insurance coverage.
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
The commercial insurance blog Embroker aptly points out that “not all top startups have a Bay Area budget.”
Posted: May 08, 2023
The average payment for a Hurricane Ian-related claim was more than $104,000, according to FEMA.
Posted: May 08, 2023
Here are five foundational steps that insurance firms should embrace in order to win at branding.
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
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
Technology has become mission-critical in the P&C insurance sector. But which tools rise above the rest?
Posted: May 07, 2023