NU Property & Casualty 360

2023 Underwriting trends for houses of worship

The new year brings an opportunity to revisit underwriting strategies and adjust them as needed.

Posted: Dec 27, 2022

New Year's Eve & Day see more car thefts compared with other holidays

The number of stolen vehicles in the U.S. is expected to surpass 1 million in 2022, according to the NICB.

Posted: Dec 27, 2022

Sunshine on my roof makes me happy: Roofing, AOBs & Florida

An assignment of benefits permits a third party to go after the insurer for payment, but homeowners don’t always realize what signing an AOB means.

Posted: Dec 26, 2022

Florida insurance changes will help, take time

In a new report, an AM Best financial-rating agency pointed to remaining questions about how law changes will affect reinsurance.

Posted: Dec 26, 2022

Safety tips for New Year's Eve party hosts

What you really need to include on your NYE pre-party agenda is a little bit of risk mitigation.

Posted: Dec 26, 2022

2023 Insurance technology update: Looking back, looking ahead

What were the most significant insurtech developments of the past year? And, where is the sector headed in 2023?

Posted: Dec 26, 2022

California contractors board requiring changes to worker's comp in 2023

All licensed contractors in California will be required to carry workers’ comp, whether they have employees or not, by 2026.

Posted: Dec 26, 2022

Seeing opportunity in the hardening property insurance market

The property insurance market is at an inflection point, from which the sector’s future leaders will emerge.

Posted: Dec 26, 2022

Who's using what in P&C insurance: December 26, 2022

Insurance technology news from EigenRisk, Petsure, Verisk and more.

Posted: Dec 25, 2022

Hurricane Ian flood payments up to $1.46 Billion, FEMA reports

Hurricane Ian, a Category 4 hurricane, made landfall Sept. 28, 2022, in Southwest Florida and crossed the state.

Posted: Dec 23, 2022

People on the move in the P&C insurance industry: December 23, 2022

The latest insurance industry personnel news from BMS, Powers Insurance & Risk Management, NFP and more.

Posted: Dec 22, 2022

Thieves target cargo during the holidays

CargoNet found that supply chain theft increases significantly between Dec. 23 and Jan. 2.

Posted: Dec 22, 2022

How to avoid a major last-minute holiday-shopping risk

What's worse than crowded stores during the holiday shopping season? The parking lot.

Posted: Dec 22, 2022

Hurricane Ian flood payments up to $1.46B, FEMA reports

Hurricane Ian, a Category 4 hurricane, made landfall Sept. 28, 2022, in Southwest Florida and crossed the state.

Posted: Dec 22, 2022

How property and casualty insurers can bring new value to partnerships

Both clients and colleagues are looking beyond transactional partnerships in search of relationships built on trust and credibility.

Posted: Dec 22, 2022

We left Kevin 'Home Alone.' Will travel insurance cover this?

How would insurance respond to events in ‘Home Alone,’ ‘Die Hard’ and ‘National Lampoon’s Christmas Vacation’?

Posted: Dec 22, 2022

Insurance and pets and vets: Oh my!

Despite pets now being prioritized as family members, the penetration of pet insurance remains exceptionally low.

Posted: Dec 21, 2022

New York court reaffirms insurers' "exceedingly broad" duty to defend

The law in most jurisdictions, including New York, is that an insurance company’s duty to help and defend its policyholder is “exceedingly broad.”

Posted: Dec 21, 2022

Three opportunities to spark business growth in 2023

Agents and brokers who continually help clients assess and mitigate risks will continue to evolve their businesses to provide quality service.

Posted: Dec 21, 2022

Northern California buildings, roads damaged by 6.4 magnitude earthquake

Much like flood coverage, earthquakes are not covered by typical home insurance policies, APCIA reported.

Posted: Dec 21, 2022

Rallying together: Reflecting on a year of philanthropy & volunteerism in insurance

The IICF looks back on the industry’s spirit of giving and discusses what to expect in the year to come.

Posted: Dec 20, 2022

Around the P&C insurance industry: December 21, 2022

Insurance industry news from InsurTech Hartford, Magneti Marelli Parts & Services, Buoy and more.

Posted: Dec 20, 2022

The 10 most common Christmas Day claims

Nearly all holiday decorators may be unwittingly introducing more than just Christmas cheer into their homes – in form of increased risk.

Posted: Dec 20, 2022

Subrogation arbitration: Four trends emerging post-pandemic

Four key areas have had the largest bearing on intercompany arbitration as subrogation departments emerge from the last several years.

Posted: Dec 20, 2022

What does 2023 have in store for winery insurance? More capacity, advanced risk mitigation

U.S. wine-producing regions didn’t see any major wildfires in 2022, but cyberattacks become more prevalent. Will 2023 hold more of the same?

Posted: Dec 20, 2022