NU Property & Casualty 360

Court dismisses most of Madison Square Garden’s business interruption suits

The lawsuit alleges that the 35 linked MSG companies paid "millions of dollars in premiums," but "instead of honoring their obligations, the insurers have paid nothing for the MSG Insureds’ losses."

Posted: Feb 12, 2023

How to protect P&C profits under pressure

The current financial climate is forcing MGUs, MGAs and insurance carriers to compete on price. Here are three ways to do that.

Posted: Feb 12, 2023

Who's using what in P&C insurance: February 13, 2023

Insurance technology news from Nexar, Crum & Forster, Verisk and more.

Posted: Feb 12, 2023

Judge says insurer must defend builder accused of violating 'tree-cutting statute'

Whether a developer mistakenly believed it had the right to remove trees and dirt from a property was the deciding factor in the ruling.

Posted: Feb 12, 2023

Protecting insurance information through a natural disaster

Cyber attackers won’t hesitate to target companies during the most devastating times, so preparation is vital to protect company data.

Posted: Feb 10, 2023

Penn. Superior Court reverses $5.6M jury verdict, finding defendant immune as statutory employer

Michael Pansini, counsel for the plaintiff, said he plans to appeal the decision, calling the statutory employer doctrine 'anachronistic.'

Posted: Feb 10, 2023

Privileged: Florida court rules insurer doesn't have to turn over its claims file

Counsel for an insurer gambled on an appeal pertaining to a discovery motion to produce documents she alleged were privileged — and it paid off.

Posted: Feb 10, 2023

Super Bowl Sunday alert: TV tip-over accidents can be deadly

Here’s how Super Bowl Sunday football fans can avoid getting tackled by an unsteady television.

Posted: Feb 09, 2023

People on the move in the P&C insurance industry: February 10, 2023

The latest insurance industry personnel news from Gallagher Re, Antares Global, CFC and more.

Posted: Feb 09, 2023

More than half of employees see 1 to 2 more workplace hazards each week

Around 75% of workers say they are more likely to stay with a company that prioritizes physical safety.

Posted: Feb 09, 2023

Illinois bill on auto insurance rate-setting rules draws industry's ire

The Motor Vehicle Insurance Fairness Act would prohibit certain underwriting and rating actions deemed discriminatory.

Posted: Feb 09, 2023

Returning to the fundamentals of risk management

Insurers must identify those highly probable and high-impact, yet often neglected threats.

Posted: Feb 08, 2023

Carbon monixide: A forgotten severe weather threat

Here's how to limit your risk of CO poisoning at home – especially in the aftermath of severe weather.

Posted: Feb 08, 2023

Ambiguous definition means insurer owes duty of defense

The justices of the Supreme Court of Rhode Island had to decide whether the policy definition of "pollutant" was ambiguous

Posted: Feb 08, 2023

Government, private sector team up to curb traffic fatalities

The NHTSA reported an increase of more than 10% in auto accident deaths between 2020 and 2021.

Posted: Feb 08, 2023

Super Bowl-bound Eagles lose appeal in workers' comp case

The team questioned if the former player’s thumb injury was really the reason his career fizzled out.

Posted: Feb 08, 2023

Insurance industry hiring trends for 2023

According to a recent report from Jacobson, these are the hiring shifts insurers should expect to see this year.

Posted: Feb 08, 2023

Slide building on presence in Florida, picks up 91K policies from UPC

Insurance reforms passed in 2022 are a ‘game changer’ for Florida’s market and helped move the needle on this deal, Slide CEO tells PC360.

Posted: Feb 08, 2023

Does crime or cyber insurance cover business email fraud?

Insurance pros should review relevant cybercrime coverages with their commercial clients, Lockton suggests.

Posted: Feb 08, 2023

Texas High Court weighs standards for noneconomic damages

Ten amicus curiae briefs have been filed to offer the court points of view on the significance of the issue.

Posted: Feb 08, 2023

The insurance industry talent and technology tug-of-war

Insurance — one of the oldest and most traditional industries — is under pressure to transform.

Posted: Feb 08, 2023

People on the move in the P&C insurance industry: February 3, 2023

The latest insurance industry personnel news from OneDigital, NFP, Mitchell Sandler and more.

Posted: Feb 08, 2023

Operational excellence is key to navigating tricky year ahead for agencies

Inflation, interest rate growth and labor challenges will loom large in 2023. What does all this mean for agency operations?

Posted: Feb 08, 2023

Data privacy issues for 2023 - Which trends should companies be watching?

Here are five issues in the data privacy and cybersecurity space that businesses may see trending in 2023.

Posted: Feb 08, 2023

Renewable energy growth ushers in new insurance needs

Renewable energy assets are not like other commercial property assets, presenting new underwriting challenges and talent needs.

Posted: Feb 08, 2023