NU Property & Casualty 360

What are nuclear verdicts and why are they occurring?

Managing nuclear verdicts is a complex issue that requires a multi-faceted approach.

Posted: Jul 20, 2023

Making a difference: July 21, 2023

Philanthropic insurance news from Mercury Insurance, ATI Restoration and more.

Posted: Jul 20, 2023

Black lung disease continues to plague P&C industry

Claims are on the rise, so employers need to start thinking about what their long-term strategy for the disease will be.

Posted: Jul 20, 2023

Brave new world of cyber insurance meets old world contract principles

The coverage provisions in the policy were not at issue. The case turned solely on the application of the 'hostile' or 'warlike' exclusion.

Posted: Jul 20, 2023

People on the move in the P&C insurance industry: July 21, 2023

The latest insurance industry personnel news from Verisk, Embroker, Nationwide and more.

Posted: Jul 20, 2023

The metaverse: An evolving technology

While insurers should be open to utilizing new technology, they should also be cognizant of the unexpected exposures it can create for customers and their businesses.

Posted: Jul 20, 2023

Louisiana insurer incentive program proving successful, commissioner says

In addition, SafePoint Insurance and an affiliate are taking on nearly 20K policies from Louisiana Citizens Insurance.

Posted: Jul 19, 2023

Insurer sued for coverage of property damage from trespassing nephew

The daughter of a man who died of COVID wants State Auto to cover damage she discovered after evicting the man's nephew, who had moved into the home without permission.

Posted: Jul 19, 2023

Friedman's Farewell: Who knew insurance could be so much fun?

With big change comes big opportunities for reinvention and renewed purpose, in life as well as the insurance world.

Posted: Jul 19, 2023

Former NFLer's workers' comp award tossed on insurer's second appeal

The appeal hinged on if a former player elected to receive injury protection payments under a collective bargaining agreement.

Posted: Jul 19, 2023

J.D. Power: Uptick in auto policy shopping continued in Q2

Policy switching in Q2 2023 remained flat from the previous quarter at 3.9%.

Posted: Jul 19, 2023

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

Insurance industry news from Risk Strategies, Kin, Nationwide and more.

Posted: Jul 18, 2023

Judge sues insurers for alleged bad faith in Boys Scouts sex abuse cases

More than 90 insurance companies are accused of breach of contract and bad faith in the suit.

Posted: Jul 18, 2023

Broker gets prison time for theft of nearly $190K

In addition to keeping premiums, the broker also drafted fake certificates of insurance to cover up his crime.

Posted: Jul 18, 2023

The most dangerous destinations in the world

These global destinations may be tempting to travelers, but could make for a treacherous trip.

Posted: Jul 18, 2023

Examining risks and opportunities in the insurance industry

Bruce Eisler, chief executive officer U.S. and chief underwriting officer for Aspen Insurance, shares insights on what he’s seeing in the industry, the factors insurers should be watching and the opportunities ahead.

Posted: Jul 18, 2023

Rising interest rates impact insurance M&A activity

The current high interest rate environment forced some buyers to retreat. But there are reasons for optimism, OPTIS Partners says.

Posted: Jul 18, 2023

Summer fun: Make sure these insurance policies are up-to-date

Summertime insurance claims often result from such activities and events as camp fires, swimming, boating and burglaries.

Posted: Jul 17, 2023

Insurers battle over duty to defend Christian counseling clinic owned by representative's husband

Bachmann & Associates is a Christian counseling clinic run by the husband of House Rep. Michele Bachmann, R-Minnesota.

Posted: Jul 17, 2023

Can insurers still trust their banks?

Although there are undercapitalized banks like SVB, banks remain conservative by nature regardless of their size and scope.

Posted: Jul 17, 2023

California's workers' comp benchmark rate lowered

The lower advisory rate is below the $1.50 average proposed by the Workers’ Compensation Insurance Rating Bureau of California.

Posted: Jul 17, 2023

All my 'excess' live in Texas: Texas Supreme Court holding on additional insured status

The Texas Supreme Court considered a case and focused on two questions: Who is an insured under the umbrella policy and for what coverage?

Posted: Jul 17, 2023

Insurance brokers: Embrace revenue automation to drive profitability

Brokers large and small often grapple with accurately predicting their future revenue.

Posted: Jul 17, 2023

Staying safe as U.S. faces record-breaking heat

The National Weather Service expects record-setting temperatures for the early part of this week.

Posted: Jul 17, 2023

Opioids situation improves, but workers' comp pharmacy faces new challenges

Nikki Wilson of Enlyte discusses the challenges pharmacies face as the nation continues to grapple with the opioid epidemic.

Posted: Jul 16, 2023