NU Property & Casualty 360

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

How to curb the top causes of loss at wholesalers, distributors

Motor vehicle accidents account for nearly half of insured losses for midsize wholesalers and distributors.

Posted: Apr 13, 2023

Claims-made vs. Occurrence coverages - Part 1

What happens when an insured decides to move from a claims-made policy to an occurrence-based policy, or vice versa?

Posted: Apr 12, 2023

Inclusive people development: Identifying, measuring & overcoming invisible barriers to DEI progress

New research from Torch suggests that less obvious organizational barriers may be holding back DEI progress.

Posted: Apr 12, 2023

Forbes: The most disaster-prone U.S. counties

These U.S. counties have taken the hardest hit from natural disasters over the last decade, according to Forbes.

Posted: Apr 12, 2023

Email is the most common entry point for ransomware attacks

According to Barracuda Networks, 27% of organizations feel ill-prepared to handle ransomware attacks.

Posted: Apr 12, 2023

January, summer months see similar number of worker injuries & deaths

By pinpointing these periods with elevated injuries and deaths, organizations can better prepare to prevent these incidents.

Posted: Apr 12, 2023

How insurtech can better determine sufficient contents coverage

From estimating to calculating: Predictive modeling and machine learning remove the guesswork from evaluations.

Posted: Apr 12, 2023

Last Call: Deadline approaching for workers' comp risk management award

The extended nomination period will end this Friday, April 14, 2023. Be sure to nominate today!

Posted: Apr 12, 2023

Keeping verdicts from running away: Attorney Bob Tyson addresses nuclear verdicts

At the recent ALM Complex Claims & Litigation Forum, Tyson addressed some of the factors behind an increase in the number of high-value jury awards.

Posted: Apr 12, 2023

Around the P&C insurance industry: April 12, 2023

Inurance industry news from Munich Re, Alera Group, Verisk and more.

Posted: Apr 11, 2023

The most dangerous U.S. national parks

When preparing for your national park excursion, consider including travel insurance in your essentials.

Posted: Apr 11, 2023

'Your claim is denied' & other tough policyholder conversations

Professionals from across the insurance ecosystem, from agents to carriers, offer tips on having difficult conversations with clients.

Posted: Apr 11, 2023

Florida House Commerce Committee backs disaster bill on hurricane recovery

The bill would allow people to remain on their property as they rebuild, require quicker approval of building permits and set a time frame for removing damaged boats.

Posted: Apr 11, 2023

Aligning a small commercial insurance book with reality — and strategy

Small commercial data challenges could leave millions of small businesses with inadequate or misaligned coverage.

Posted: Apr 11, 2023

Potential insurance implications of a four-day workweek

While a shorter workweek sounds appealing, small business owners should consider several factors before implementing this change.

Posted: Apr 10, 2023

No more imposter syndrome when recruiting at lesser-known businesses

By taking the time to craft a positive brand for your agency, you can make your company more attractive to potential employees and improve employee retention rates.

Posted: Apr 10, 2023

Forbes Advisor: Priciest places in the U.S. to own a car

Like buying houses and pets, there are always more costs associated with getting a car than the initial purchase price. Chief among these “hidden”…

Posted: Apr 10, 2023

'No courtesies to carriers' following Florida reforms, law firm memo dictates

Law firm Morgan & Morgan is calling on all its lawyers to not give 'an inch to carriers ever again’ during legal proceedings.

Posted: Apr 10, 2023

Builders risk: How insurers handle large construction submissions differently

Depending on the market, higher-value projects require more documentation and underwriting intervention.

Posted: Apr 10, 2023