NU Property & Casualty 360

Louisiana legislature holding 'extraordinary' session on property insurance

The state is experiencing its toughest home insurance market since hurricanes Katrina and Rita in 2005, according to Insurance Commissioner Jim Donelon.

Posted: Jan 23, 2023

Nearly half of Midwest still ‘abnormally dry’

A recent report shows that while dry conditions have improved in the Midwest, 19% of the region remains in drought.

Posted: Jan 23, 2023

Follow the money: Finance and banking issues for cannabis entities

A new ALM course looks at the different financial aspects of funding cannabis and cannabis-related businesses.

Posted: Jan 23, 2023

The 10 most expensive ZIP codes of 2022

Insured-property ZIP codes are one of the factors underwriters consider when quoting the premium for a given policy.

Posted: Jan 23, 2023

Who's using what in P&C insurance: January 23, 2023

Insurance technology news from Munich Re, Yoga, Trium Cyber and more.

Posted: Jan 22, 2023

Strategies for managing complex claims

Many stakeholders, multiple insurers, questions about coverage and liability, and lawsuits are just some of the issues surrounding complex claims.

Posted: Jan 22, 2023

'Out Front Ideas': 20 issues to watch in 2023

Review the biggest challenges and new developments expected to impact workers’ comp and risk management.

Posted: Jan 22, 2023

No punitive damages for client who never signed UM coverage waiver

A South Florida appeals court reversed a trial court ruling involving a crash case stemming from an accident that occurred 18 years ago.

Posted: Jan 22, 2023

JPMorgan Chase: Business leaders foresee a 2023 recession

This year's financial outlook isn't all bad, but business leaders should take steps to prepare for challenges.

Posted: Jan 22, 2023

7 reasons why geospatial-based property ratings should replace historical territory ratings

Decreased profits can stem from a lack of granular, accurate information about potential hazards and exposure to loss at each insured location.

Posted: Jan 22, 2023

Full claims automation is not science fiction

McKinsey expects that one-fourth of the processes in the insurance industry will be automated by 2025 through the usage of artificial intelligence.

Posted: Jan 19, 2023

Hurricane Ian's estimated agriculture damage tops $1B

A soon-to-be-released report shows growers of citrus, vegetable and horticultural crops took the biggest hits from the storm.

Posted: Jan 19, 2023

Georgia officials alert consumers to tornado ‘storm chaser’ frauds

Dishonest contractors and fake charities characterize the scams targeting recent tornado victims in the South.

Posted: Jan 19, 2023

People on the move in the P&C insurance industry: January 20, 2023

The latest insurance industry personnel news from OneDigital, Trium Cyber, NFP and more.

Posted: Jan 19, 2023

Travel insurance sales remain elevated post-pandemic, but coverage demands are evolving

Post-pandemic, coverages for lost bags and missed connections have soared. Both saw recent triple-digit sales increases.

Posted: Jan 19, 2023

6 keys to ensure cannabis businesses are properly insured

From protective safeguards to builders risks, these are the must-have coverages for cannabis companies.

Posted: Jan 19, 2023

3 keys to creating a safe small business

Work-related injuries can lead to unplanned staffing shortages, lower team morale and decreased productivity.

Posted: Jan 18, 2023

Canada recorded one of its worst years for weather losses in 2022

No single event accounted for a majority of the losses seen during the past year, but disasters were seen across the country.

Posted: Jan 18, 2023

Dangerous driving habits it's time to drop

To make roadways safer overall, drivers should make a conscious effort to avoid these six behaviors that the NHTSA has deemed the riskiest.

Posted: Jan 18, 2023

Unfavorable pricing trends, competitive market could weigh on workers' comp sector

Fitch Ratings projects that workers’ comp will see a combined ratio of 92% for 2022.

Posted: Jan 18, 2023

Delaware justices stress jurisdiction consistency in D&O insurance disputes

The opinion links two other recent Supreme Court decisions that have set precedent in resolving disputes over D&O insurance coverage, all clarifying the role Delaware laws play in those contracts.

Posted: Jan 18, 2023

5 Insurtech trends that will dominate in 2023

You don’t need a crystal ball to know there are choppy waters ahead for startups in 2023.

Posted: Jan 18, 2023

Injured workers suffer when custom triumphs over workers' comp law

Today, much of what is happening in the workers' compensation system is based on custom, not the law or even best practices.

Posted: Jan 17, 2023

The insurance adjuster talent war

A host of factors have created the perfect storm for a looming worker shortage.

Posted: Jan 17, 2023

Around the P&C insurance industry: January 18, 2023

Insurance industry news from Duck Creek Technologies, Beazley, Crum & Forster and more.

Posted: Jan 17, 2023