NU Property & Casualty 360
The Fifth DCA reversed a punitive damage award a jury returned to petitioner Brinda Coates against respondent R.J. Reynolds Tobacco Co. that exceeded the net compensatory damage award by a ratio of 106.7:1.
Posted: Jan 11, 2023
Insurance industry news from Assurex Global, Spott, OneDigital and more.
Posted: Jan 10, 2023
The beginning of the year is a great time to review your homeowners coverage so you aren’t left underinsured if you encounter one of these common claims.
Posted: Jan 10, 2023
More than 80% of the company’s employees took part in the giving campaign, The Hanover reports.
Posted: Jan 10, 2023
The year 2022 rocked the auto insurance industry’s boat, leaving all aboard concerned with what’s to come.
Posted: Jan 10, 2023
Guy Goldstein, CEO of NEXT Insurance, discusses his 2023 predictions for the insurance industry and how NEXT's business model differs from other competitors in the space.
Posted: Jan 10, 2023
According to MarshBerry’s 2022 Q4 M&A update, insurance brokerage deals still fared well in a tough economy.
Posted: Jan 09, 2023
Review a variety of cases from the Southern District of New York that highlight key features of these demonstrated (or alleged) insurance frauds.
Posted: Jan 09, 2023
The figures are from the NAIC's 35th annual State Insurance Department Resources Report.
Posted: Jan 09, 2023
"While there are many passenger vehicles that have moved to either fully electric or a hybrid version of an internal combustion engine and electric, the move to electrify large trucks has not moved as quickly," says Dolan.
Posted: Jan 09, 2023
Vista reports it plans to take Duck Creek private when the deal closes.
Posted: Jan 09, 2023
The Golden State is concurrently experiencing a drought emergency and a flood emergency.
Posted: Jan 09, 2023
The elimination of one-way fee shifting will impact many first-party claims brought by homeowners that involve amounts less than $50,000.
Posted: Jan 08, 2023
A recent report from USI explores how trends for commercial insurance lines could shift in the year ahead.
Posted: Jan 08, 2023
A common scam has evolved from stealing money from companies to taking actual products that they produce or sell.
Posted: Jan 08, 2023
Insurance technology news from Betterview and more.
Posted: Jan 08, 2023
Among policyholders that filed a claim in the past five years, 40% had an event where the policy did not respond as they had expected.
Posted: Jan 08, 2023
Insurance agents who go after the builders risk market would do well to follow its economic trends.
Posted: Jan 08, 2023
Looking at demographic data, baby boomers and Gen Xers accounted for the most moves in 2022.
Posted: Jan 06, 2023
While home insurance typically excludes damage from floods and mudslides, Californians might be covered if wildfires were an ‘efficient proximate cause.’
Posted: Jan 05, 2023
Risk factors for the insurance industry are constantly changing and the PC360 team will be monitoring these issues throughout 2023.
Posted: Jan 05, 2023
Companies need to highlight benefits offerings, provide attractive growth opportunities, and offer built-in flexibility that’s largely become an expectation among candidates.
Posted: Jan 05, 2023
Impacted vehicle owners are facing higher premiums and longer repair times.
Posted: Jan 05, 2023
The latest insurance industry personnel news from RIMS, AXA XL Insurance, Sedgwick and more.
Posted: Jan 05, 2023
Company employees also put in more than 1,880 volunteer hours as part of the charity initiative.
Posted: Jan 04, 2023