NU Property & Casualty 360

Louisiana offering incentive program credits to insurers taking on UPC policies

Companies will receive credit for any UPC policies that are taken prior to the approval of incentive program applications.

Posted: Mar 06, 2023

How much does small business insurance cost?

The cost of small business insurance varies depending on the company’s size, industry and long-term plans.

Posted: Mar 05, 2023

Who's using what in P&C insurance: March 6, 2023

Insurance technology news from Two Sigma Insurance Quantified, Devron, Wawanesa Insurance and more.

Posted: Mar 05, 2023

Proposed Florida laws are good news for insurers—as plaintiff lawyers push back

Parkland shooting victims and survivors were among the South Florida residents gathered Thursday in opposition to the proposed changes.

Posted: Mar 05, 2023

U.S. drivers say roads are getting more dangerous

Road rage shootings have doubled in recent years, while nearly 20% of drivers have seen one vehicle chase another during the past year.

Posted: Mar 05, 2023

Dog bite plaintiff pursues bad faith claim against insurer following $3M verdict

“For a verdict to be 10 times the policy limits, that is just completely unacceptable,” said Pansini Law Group managing partner Michael Pansini.

Posted: Mar 05, 2023

Gen Z trends insurance pros should know about in 2023

To attract and retain Gen Z customers, insurance agents have to meet them at their level.

Posted: Mar 05, 2023

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

The latest insurance industry personnel news from Everest Reinsurance, Omaha National Group, McGriff and more.

Posted: Mar 02, 2023

2023 Agent Survey: Insurance professionals win with optimism

You have to know where you’ve been to get a clear view of where you should be headed.

Posted: Mar 02, 2023

Homeowners are making renovations without updating insurance policies

Around one-third of homeowners said they didn’t know they needed to update their insurance coverage after a renovation.

Posted: Mar 02, 2023

Product recalls hit record in the U.S. this past year

The food and pharmaceutical sectors saw the number of units recalled reach a 10-year high, Sedgwick reports.

Posted: Mar 02, 2023

Ohio train derailment spurs insurance, liability questions

The February train crash in East Palestine, Ohio has highlighted issues around insurance coverage, railroad safety and more.

Posted: Mar 02, 2023

'Know when to fold 'em': Lawyers reach $3.49M premises liability settlement midtrial

On the trial’s third day, the plaintiff’s lawyer made a discovery that ‘flipped the case’ and led the defendant to settle for 250% of its $1M policy.

Posted: Mar 02, 2023

Insurance agents still challenged by carrier system integration

Part Two: 2023 NU/PIA Independent Insurance Agent Survey | Coverage gaps are also a concern.

Posted: Mar 02, 2023

Insurers notch another win in COVID business interruption coverage battle

“A plain reading of the policy provides that the parties intended to exclude coverage for COVID-19 related losses like the losses plaintiff allegedly suffered in the immediate case," the court said.

Posted: Mar 02, 2023

Quiet quitters: How to spot one and use benefits to win them back

Given sufficient resources and support, employees who are at risk can recover from burnout and find meaning in their jobs again.

Posted: Mar 01, 2023

What's happening with UPC's Louisiana policies following insolvency?

The insolvent Florida-based insurer has some 200,000 policies nationwide, including 30,000 policies in Louisiana.

Posted: Mar 01, 2023

Mobile phishing encounters accelerated in 2022

Since 2021, mobile phishing attacks have increased 10% for enterprise devices and 20% for personal devices.

Posted: Mar 01, 2023

Commercial property policyholders in Florida brace for even higher premiums

Policyholders with first quarter renewals are seeing significantly higher rates compared with the year prior.

Posted: Feb 28, 2023

The most lucrative states to be an insurance agent

The states offer the best financial opportunities for insurance agents, according to Zippia.

Posted: Feb 28, 2023

Around the P&C insurance industry: March 1, 2023

Insurance industry news from PCF Insurance Services, Alera Group, Socotra and more.

Posted: Feb 28, 2023

Independent insurance agents: Thriving in difficult times

Part One: 2023 NU/PIA Independent Insurance Agent Survey | Respondents are overcoming adversity.

Posted: Feb 28, 2023

What the insurance industry needs in 2023 - Part 3

The pandemic introduced worries, momentum and challenges that were bigger than companies had dealt with before. The ability to recognize where we stand can no longer take months.

Posted: Feb 28, 2023

Lloyd’s Hank Watkins discusses the complexities of emerging risk at complex claims event

In the latest Insurance Speak podcast, Watkins identifies some of the risks facing insurers.

Posted: Feb 28, 2023

Best insurance for fast-moving small business

The day-to-day of small business ownership is fast-paced, so be sure to cover your business based on its specific offerings and needs to protect your livelihood and realize your dreams.

Posted: Feb 28, 2023