NU Property & Casualty 360

A look at the risks and successes of using generative AI

Andrew Schwartz and Keith Raymond of Celent co-authored a new study that examines many of the issues associated with the use of generative AI in insurance.

Posted: Aug 08, 2023

Multifamily insurance rates are up as much as 28%

The average year-over-year hike was 13.6%, and was worse in some places.

Posted: Aug 07, 2023

These 2023 SUVs are the most affordable to insure

The majority of SUV drivers cited safety and comfort as the most appealing features of these larger vehicles.

Posted: Aug 07, 2023

Ransomware returns with a vengeance, U.S. hardest hit region

The U.S. saw 43% of global ransomware attacks from July 2022-June 2023, according to Malwarebytes.

Posted: Aug 07, 2023

How AI, aerial imagery help reduce insurance fraud

Here's how AI is helping insurers detect fraudulent claims, which them and their customers infinite time, money and resources.

Posted: Aug 07, 2023

Closing the gaps on cyber risks

As the digital landscape increases, so does the risk of cyberattacks for insurance and other industries.

Posted: Aug 07, 2023

More than one-third of policyholders are considering a new insurance carrier

Compared with 2021, 4% fewer consumers would say something positive about their current insurance provider.

Posted: Aug 07, 2023

Keys to preventing school violence

There are a number of strategies that can be employed to keep students safe and help mitigate violence at school.

Posted: Aug 06, 2023

Who's using what in P&C insurance: August 7, 2023

Insurance technology news from Annex Risk, Planet Home, Gryphon.ai and more.

Posted: Aug 06, 2023

Time-tested fundamental skills of leadership: A Q&A with Keith Giarman

"Not only do today’s leaders need to be agile and innovative, they must be authentic, caring and empathetic," says Keith Giarman.

Posted: Aug 06, 2023

These states saw the most street racing activity this past year

Getting a ticket for street racing can cause auto insurance premiums to increase by as much as 73%.

Posted: Aug 06, 2023

Does travel insurance cover extreme heat?

Standard travel insurance policies typically are priced at 5% to 10% of your total trip cost.

Posted: Aug 06, 2023

Premiums are up, but at what cost?

Insurance is stocked with smart, caring individuals who must forge a fresh path without zapping policyholder financial security.

Posted: Aug 06, 2023

Looking beyond labels: Prioritizing policy language over terminology

Insurance policies, as contractual agreements, necessitate careful attention to the specific language of each provision.

Posted: Aug 03, 2023

People on the move in the P&C insurance industry: August 4, 2023

The latest insurance industry personnel news from Ryan Specialty Holdings, Tinubu, Newfront and more.

Posted: Aug 03, 2023

Premiums, loss ratios both swelled in 2022

Experts analyze the year’s top 100 insurance groups and companies along with top carriers in key lines of business.

Posted: Aug 03, 2023

Deciphering the designation: CPCU

What is the CPCU designation, who is it for and why does it matter for your career?

Posted: Aug 03, 2023

Duty to defend versus indemnify is distinct, says U.S. Fifth Circuit

The Fifth Circuit reversed and remanded on the duty to indemnify because the ruling of the district court was premature.

Posted: Aug 03, 2023

Motorcycle thefts up for third consecutive year in 2022, NICB says

Motorcycle thefts were up 7%, according to the NICB, which breaks down the most commonly stolen bike brands.

Posted: Aug 03, 2023

Flashpoint: The California insurance marketplace's current crisis

Increased wildfire risks, economics and an inability to increase coverage rates as needed are leaving California homeowners exposed.

Posted: Aug 02, 2023

Recognizing signs of unhappiness and empowering a joyful workplace

A joyful, engaged workforce is the cornerstone of a successful, vibrant company.

Posted: Aug 02, 2023

Texting isn't the only thing distracting American drivers

Most of the activities that drivers claim affect their focus aren’t technology-related at all.

Posted: Aug 02, 2023

Major cyber incidents can decrease shareholder value 9%

Ransomware claims increased 38% between Q4 2022-Q1 2023, according to Aon.

Posted: Aug 02, 2023

Miami contractor arrested for workers' comp fraud, faces up to 180 years

By underreporting payroll, the construction business shortchanged its workers’ comp carrier by more than $790K in premium payments.

Posted: Aug 02, 2023

The syrup: How to keep going when you're running on empty

Insurance agents can't bury their heads in the sand when they get stressed or burnt out. Here are a few tips to manage through stressful periods.

Posted: Aug 02, 2023