NU Property & Casualty 360

PwC: Economic uncertainty curtails insurance deal activity

Insurance-industry deals slowed in late 2022, but the outlook for 2023 isn't all bad.

Posted: Dec 09, 2022

People on the move in the P&C insurance industry: December 9, 2022

The latest insurance industry personnel news from Neptune Flood, NFP and more.

Posted: Dec 08, 2022

Corvus: Fraudulent fund transfer claims reach all-time high

Ransomware attacks may pack the biggest financial punch, but fraudulent fund transfers are an often underestimated foe of cybersecurity.

Posted: Dec 08, 2022

The top 10 data-migration considerations for insurers

From cleaning data to preparing for security issues, insurers should consider these steps when moving data from one store to the next.

Posted: Dec 08, 2022

Home systems protection coverage for today's homeowners

Coverage endorsements can protect in-home systems and equipment from mechanical or electrical breakdowns and sudden and accidental loss.

Posted: Dec 08, 2022

Policyholders are decking their halls with hazards

More than 95% of people use at least one fire hazard when decorating their homes interiors for the holidays, Selective Insurance reports.

Posted: Dec 08, 2022

What are the keys to independent insurance agent success in 2023?

Respond today to the sixth-annual Independent Insurance Agent Survey produced in partnership with PIA National.

Posted: Dec 08, 2022

How data-driven insurers are succeeding with advanced analytics

Learn the four keys to establishing a data-driven company culture and unlocking the potential of advanced analytics.

Posted: Dec 07, 2022

Hanover's denial of Fishbowl claim goes belly up

Hanover did not dispute that Fishbowl had been the victim of a data breach, but claimed that the client had been negligent.

Posted: Dec 07, 2022

Only technology can save the tedious, costly insurance industry

Aging insurance companies have a customer experience problem, but hope is on the horizon.

Posted: Dec 07, 2022

Increasing number of small businesses concerned about economy, survey finds

52% of small businesses say their biggest challenge is finding qualified job candidates.

Posted: Dec 07, 2022

Policyholder satisfaction with digital claims falls for second consecutive year

Satisfaction fell 7 points year-on-year, J.D. Power reported, and the estimation process played a big role in the drop.

Posted: Dec 07, 2022

Major insurance issues teed up for another legislative special session in Florida

Issues slated to be addressed include boosting the availability of critical reinsurance and bolstering the financial stability of the state's insurer of last resort.

Posted: Dec 07, 2022

Forbes: Best renters insurance companies for 2023

More than 15,000 customers rated their insurance providers in the second annual Forbes/Statista survey of America’s Best Insurance Companies. Each…

Posted: Dec 06, 2022

IICF raises nearly $1.3M for charity at northeast benefit event

The event, now in its 16th year, also saw Marsh receive the IICF's Double I award for its philanthropic leadership.

Posted: Dec 06, 2022

Around the P&C insurance industry: December 7, 2022

Insurance industry news from Nationwide, EFI Global , Understory Inc. and more.

Posted: Dec 06, 2022

3 ways insurers can expedite the claims process

Carriers have access to a variety of tools that will shorten the time needed for claims inspections and reduce the risk of fraud.

Posted: Dec 06, 2022

The tiny insurance firm standing between taxpayers & a coal industry bailout

Lawmakers are worried about one company’s outsize role in the coal surety business and its ability to cover reclamation costs should mines start going belly up.

Posted: Dec 06, 2022

AXA Climate bulks up global-warming risk training

Climate-related disasters have become the top concern of today’s risk managers.

Posted: Dec 06, 2022

Divided state court ruling sparks uncertainty about workers' comp for mental injuries

An Arizona Court of Appeals concluded the Arizona Constitution never contemplated mental injuries when they used the term 'injury,' and the state's high court agreed.

Posted: Dec 05, 2022

After the storm: Busting 5 more flood insurance myths

Once consumers know the facts about flood coverage, they can make wiser insurance choices.

Posted: Dec 05, 2022

Welcome to the 2022 Hall of Shame - Part 2

Fraudsters steal an estimated $308.6 billion each year from insurers through their damaging crime sprees.

Posted: Dec 05, 2022

How long do insurers have a duty to defend?

Whether an insurer has a duty to defend arises in almost every liability insurance claim. A less common question is when the duty ends.

Posted: Dec 05, 2022

How European insurers can survive claims inflation

A recent report from McKinsey & Company offers advice for how P&C insurers in Europe can keep up with rising costs.

Posted: Dec 05, 2022

Industries with the highest employee loss in 2022

The top reasons that people tend to leave a job are poor management and unhealthy working conditions.

Posted: Dec 05, 2022