NU Property & Casualty 360

What do agents & brokers look for in a carrier?

A recent survey from Socotra showed 99% of insurance agents are looking for ways to stand out amongst the competition.

Posted: Jul 04, 2023

Recreational use marijuana comes to Maryland

Cannabis legalization means more opportunities for businesses and increases risks for uninformed users.

Posted: Jul 04, 2023

Change to Florida insurance law shortened the window for claim

The original suit was filed within the statute of limitations for claims against living people, but outside of the limit for claims against deceased people.

Posted: Jul 03, 2023

Are U.S. insurers catering to the needs of Spanish-speaking clients?

According to a report from Instituto Cervantes, the United States is home to the world’s fourth-largest native Spanish-speaking population.

Posted: Jul 03, 2023

U.S. states that import the most fireworks per capita

ValuePenguin reports that states with more fireworks also are more likely to see a high number of fireworks injuries and accidents.

Posted: Jul 03, 2023

Britain unprepared for wildfires, despite record number of fires in 2022

July 19, 2022, was the London Fire Brigade’s busiest day since the Second World War.

Posted: Jul 02, 2023

Around 40% of policyholders planned July 4th road trips

Mercury Insurance offers advice to help road trippers stay safe on their summer journeys.

Posted: Jul 02, 2023

Who's using what in P&C insurance: July 3, 2023

Insurance technology news from Guardian Product Solutions, Insurity, Safety Insurance Group and more.

Posted: Jul 02, 2023

The Merck Judgment: Implications for cyber insurers and policyholders

A new court ruling could affect cyber insurance policy exclusions and insureds could assume more costs in the event of a loss.

Posted: Jul 02, 2023

Pa. Insurance Data Security Act may soon become law: Here’s what it could mean

The legislation adopts a national model for insurer cybersecurity mandating that insurance entities implement new cybersecurity protections to better safeguard nonpublic information from nefarious threat actors.

Posted: Jul 02, 2023

Study: AI illuminates insurer digitalization shortcomings

'If you aren't trying to figure out how you can make your customer-service applications better, faster and cheaper... you will be left behind.'

Posted: Jul 02, 2023

2 errors might have helped curb a 'cottage industry' allegedly targeting insurers

The case involves an engineer's report that was the focus of the breach-of-contract action.

Posted: Jun 30, 2023

People on the move in the P&C insurance industry: June 30, 2023

The latest insurance industry personnel news from Allianz Global Corporate Specialty, Iroquois, Tinubu and more.

Posted: Jun 29, 2023

Making a difference: June 30, 2023

Philanthropic insurance news from Falvey Insurance Group and more.

Posted: Jun 29, 2023

2 Errors might have helped curb a 'cottage industry' allegedly targeting insurers

The case involves an engineer's report that was the focus of the breach-of-contract action.

Posted: Jun 29, 2023

Transforming the insurance experience through AI

Artificial intelligence can help organize data, streamline processes and improve customer service.

Posted: Jun 29, 2023

Why founders prioritize D&O and EPLI during tumultuous economic times

Review the types of coverages founders seek during different stages of growth and economic conditions.

Posted: Jun 29, 2023

IICF marks biennial Inclusion in Insurance Global Conference

Proceeds from the conference benefit nonprofit and charitable organizations through the IICF Community Grants Program.

Posted: Jun 29, 2023

Big ‘I’ weathers glare from unsavory conference event

CNN caught wind of a guest speaker’s insensitive public remarks, spurring the organization to issue a public apology.

Posted: Jun 29, 2023

Developing proactive cyberthreat intelligence

The best threat intelligence lets organizations improve their risk profile, thwart cyberattacks and avoid losses.

Posted: Jun 29, 2023

NCOIL issues letter to IRS denouncing proposed micro-captive changes

The NCOIL believes the proposed changes are in violation of the McCarran-Ferguson Doctrine.

Posted: Jun 28, 2023

Zero-day vulnerabilities: The hidden threat to the insurance industry

These stealthy, sophisticated security gaps can have devastating consequences for insurers, vendors, partners and policyholders.

Posted: Jun 28, 2023

Nevada insurance agents, producers targeted in phishing scam

The scam emails claim the agents may have their licenses revoked unless they pay an 'amendment fee.'

Posted: Jun 28, 2023

Banning noncompete agreements will radically reshape trade secret risks

In addition to directly impacting trade secrets protections, the changes could trigger D&O policies.

Posted: Jun 28, 2023

NY court weighs in on other insurance and additional insured dispute

In Amerisure v. Selective, the Second Circuit held that the subcontract terms governed the additional insured question while the other insurance clauses in the insurance policies governed the priority dispute.

Posted: Jun 28, 2023