NU Property & Casualty 360

Earthquakes cause $14.7B in annualized losses, USGS reports

The updated loss estimate for the U.S. is nearly double that of the previous annual estimate.

Posted: Apr 19, 2023

Performance data key to fast, reliable digital-insurance services

Insurers must rely on observability practices focused on understanding the state or condition of their apps and systems.

Posted: Apr 19, 2023

Florida regulator approves 1% assessment to cover UPC's claims

The assessment applies to all lines except for auto and will go to pay claims left by insolvent insurers.

Posted: Apr 19, 2023

Getting ahead — managing cyber risks is more than just a job

The demand for digitization in insurance is increasing and several executives share their perspectives on the career opportunities for women in cybersecurity.

Posted: Apr 18, 2023

Around the P&C insurance industry: April 19, 2023

Insurance industry news from Corvus Insurance, NFP, Insurity and more.

Posted: Apr 18, 2023

Why was your homeowners claim denied?

In this slideshow, we’ll examine the eight most common reasons insurers deny homeowners claims, according to Credible.

Posted: Apr 18, 2023

Empathy & the adjuster: The value of trauma-informed care in insurance

In this podcast episode, Dr. Laura McGuire and Michael Pritt discuss the value of trauma-informed care for insurance professionals.

Posted: Apr 18, 2023

Geico faces class action for failing to pay title, transfer fees

The complaint alleges Geico fails to meet agreed-on replacement costs because it doesn't pay costs such as registration transfer fees.

Posted: Apr 18, 2023

Stranger danger: Keys to avoiding scams & cyber missteps

Consistent training presented in a variety of formats creates an effective strategy for managing cyber risks.

Posted: Apr 17, 2023

Job development and skills training key to employee retention

About 34% of respondents say their career development has been stunted by a lack of mentorship, advocacy and/or professional networking at their jobs.

Posted: Apr 17, 2023

Commercial insurance rates see moderate increase in Q1 2023

A report from MarketScout breaks down which industries and lines saw the largest rate increases to start 2023.

Posted: Apr 17, 2023

WalletHub: 10 least expensive cars to insure in 2023

Insurance advisors can share this research with budget-minded clients who find themselves shopping for a new vehicle.

Posted: Apr 17, 2023

Risk trends and opportunities in the financial services sector

Cyber, inflation and compliance are top challenges but sustainability is a huge opportunity.

Posted: Apr 17, 2023

11 West Coast fraudsters admit guilt in staged accident scheme

The scammers, hailing from Washington and California, attempted to swindle more than $657,000 from insurers.

Posted: Apr 17, 2023

How Aspen Insurance embraced ESG principles

Just ahead of Earth Day, the company's chief business development officer outlines its Second Annual ESG Report.

Posted: Apr 17, 2023

How independent insurance agents can manage customer expectations in the Amazon Age

For many agents, the challenge isn’t attracting new clients, it servicing their existing ones.

Posted: Apr 16, 2023

Who's using what in P&C insurance: April 17, 2023

Insurance technology news from Trium Cyber, CogniSure, Cover Whale Insurance Solutions and more.

Posted: Apr 16, 2023

How confusing can an insurance policy get? Georgia court set to decide

The court will decide whether insurers should be allowed to forgo updating the statute of limitation for claims in their policies if that information is included in later endorsements.

Posted: Apr 16, 2023

Canned Cocktails: Managing emerging risks as breweries jump on the trend

Review risks in making and shipping these beverages, which are seeing sales grow at a rapid clip.

Posted: Apr 16, 2023

FEMA index offers closer look at social risks in disaster resilience

The new version of the index integrates a social vulnerability index, which analyzes census tracts to flag 14 vulnerabilities.

Posted: Apr 16, 2023

Claims-made vs. Occurrence coverages - Part 2

A claim presented for coverage will be viewed differently under a claims-made policy vs. under an occurrence policy.

Posted: Apr 13, 2023

People on the move in the P&C insurance industry: April 14, 2023

The latest insurance industry personnel news from Travelers, Mound Cotton, Verisk and more.

Posted: Apr 13, 2023

Stalled storm dumps two feet of rain, closes Fort Lauderdale airport

Nearly 26 inches of rain was recorded at Florida’s Fort Lauderdale-Hollywood International Airport after a storm hit April 12.

Posted: Apr 13, 2023

Researchers foresee slightly below-average 2023 hurricane season

Conflicting signals between a potential El Nino and above-normal warmth in certain regions of the Atlantic bring more uncertainty than usual to this forecast.

Posted: Apr 13, 2023

Made-to-order insurance is vital for the restaurant industry's resilience

Nearly 20% of restaurants are leasing kitchen space to a virtual eatery, a change that brings new risks into play.

Posted: Apr 13, 2023