NU Property & Casualty 360

Whitepaper explores cyber risk modeling for SMEs

The whitepaper encourages insurers to step beyond their traditional role with SME clients and also serve as cybersecurity consultants.

Posted: Jan 16, 2023

Top countries losing money to data breaches

Industrial nations with brisk digital engagement top Proxyrack's list of countries that lose cash to cybercrime.

Posted: Jan 16, 2023

Risk managers worldwide say cyber is the biggest business risk today

Around one-third of risk management experts say cyber is the biggest risk. Business interruption followed closely behind.

Posted: Jan 16, 2023

Roadway deaths slightly taper following 2-year spike

The NHTSA reported the fatality rate for 2022’s first nine months fell to 1.3 fatalities per 100 million vehicle miles traveled.

Posted: Jan 16, 2023

Executive Insights: New Church Mutual President Alan Ogilvie

This steadfast insurance booster takes the helm at a carrier that has served nonprofit policyholders for more than a century.

Posted: Jan 16, 2023

California storm losses estimated at more than $30B

The losses are more than triple those from December blizzards in Buffalo, New York.

Posted: Jan 16, 2023

GEICO gets a chance to defend itself in STD case

The case is being sent back down to lower courts for deliberation after the Missouri Supreme Court found that Geico should have a chance to defend itself against the claims.

Posted: Jan 15, 2023

Who's using what in P&C insurance: January 16, 2023

Insurance technology news from Coterie Insurance, Yoga, IoT Breakthrough and more.

Posted: Jan 15, 2023

States with the biggest auto insurance rate changes

In 2023, personal auto insurance costs will increase the most they have in six years, ValuePenguin projects.

Posted: Jan 13, 2023

New Jersey governor signs handgun liability insurance requirement into law

Gun owners must obtain coverage for any loss resulting from the ownership, use, maintenance or operation of a firearm.

Posted: Jan 12, 2023

Understanding the ins and outs of directors & officers coverage for cannabis entities

Cannabis D&O insurance protects the company and its executives if someone sues either or both parties.

Posted: Jan 12, 2023

Insurance application’s foreclosure question is ambiguous

In a dispute over a homeowners insurance application, a U.S. Court of Appeals recently examined the meaning of the question whether an applicant “had a foreclosure.”

Posted: Jan 12, 2023

Video telematics: A win-win for insurers, fleet owners

Video telematics help drivers avoid costly accidents and provide clarity when an accident happens.

Posted: Jan 12, 2023

People on the move in the P&C insurance industry: January 13, 2023

The latest insurance industry personnel news from Sayata, Cadence Insurance, Earnix and more.

Posted: Jan 12, 2023

Closing the insurance coverage gap in risky coastal areas

The good news is, there are options for homeowners struggling to find satisfactory insurance.

Posted: Jan 12, 2023

Are you talking to policyholders about ID theft endorsements?

Among victims of ID theft in the past 12 months, 46% said they would have liked more assistance in handling the problem but didn’t get it, according to the Identity Theft Resource Center.

Posted: Jan 11, 2023

Delays, cancellations caused by FAA system outage could result in travel insurance claims

A preliminary investigation traced the outage to a damaged database file. No evidence of cyberattacks has been found, the FAA reports.

Posted: Jan 11, 2023

5 labor sector trends expected to impact Americans in 2023

The ever changing socio-economic landscape will continue to alter the employment landscape as we know it.

Posted: Jan 11, 2023

Munich Re: Natural disasters caused losses of $270B in 2022

According to a recent report from Munich Re, around $120 billion of the natural disaster losses in 2022 were insured.

Posted: Jan 11, 2023

InsurTech NY opens submissions for Global Startup Competition

Previous winners have secured more than $45 million in funding following the competition, according to InsurTech NY.

Posted: Jan 11, 2023

Florida Supreme Court ruling 'guts the impact of punitive damages'

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

Focused on the future for insurtechs

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

Around the P&C insurance industry: January 11, 2023

Insurance industry news from Assurex Global, Spott, OneDigital and more.

Posted: Jan 10, 2023

The 7 most common home insurance claims

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

The Hanover raises nearly $1.5M for United Way, other nonprofits

More than 80% of the company’s employees took part in the giving campaign, The Hanover reports.

Posted: Jan 10, 2023