NU Property & Casualty 360

Insurer must defend, indemnify contractor accused of negligence in building collapse

The $1.4M suit involves a four-story brick building in Boston that was being renovated when it collapsed.

Posted: Jan 29, 2023

Who's using what in P&C insurance: January 30, 2023

Insurance technology news from kWh Analytics, Branch, Cognizant and more.

Posted: Jan 29, 2023

Estimated $223M in cargo stolen in 2022

Supply chain risk events in the U.S. and Canada increased 15% in 2022, according to CargoNet.

Posted: Jan 29, 2023

The 10 most 'just' P&C insurance companies in 2023

Overall, 41 insurance companies were named on the list from JUST Capital, which ranked 951 companies across industries.

Posted: Jan 29, 2023

Start 2023 off right with strategic planning and goal setting

A new year is a good time to implement plans to supercharge your business.

Posted: Jan 29, 2023

Hispanic businesses struggle to find the right partners to plan for the future

Insurance professionals can grow relationships with Hispanic business clients by serving as risk-management partners.

Posted: Jan 29, 2023

More than 70% of car buyers interested in embedded offerings

A study from Polly showed 72% of recent car buyers would like the opportunity to get insurance at the dealership.

Posted: Jan 27, 2023

Intelligent platform options take communication to a new level

Insurers have multiple tools at their disposal to help them actively engage with policyholders, agents, vendors and claims teams.

Posted: Jan 26, 2023

People on the move in the P&C insurance industry: January 27, 2023

The latest insurance industry personnel news from NFP, Everest Insurance, Beazley and more.

Posted: Jan 26, 2023

Study: 72% of car buyers interested in embedded offerings

A study from Polly showed 72% of recent car buyers would like the opportunity to get insurance at the dealership.

Posted: Jan 26, 2023

Sorting through & solving renters insurance loopholes

Renters sometimes cancel a policy after moving in and others forget to renew, resulting in coverage gaps or potentially leaving the landlord on the hook.

Posted: Jan 26, 2023

Climate is forcing the most risk-aware industry to reinvent itself

The annual profit margins of insurance companies are getting squeezed, even as premiums are going up for products like home insurance.

Posted: Jan 26, 2023

U.S. accounted for 75% of global insured losses in 2022

Hurricane Ian, the second costliest insured event on record, accounted for 40% of 2022’s global insured losses, Aon reports.

Posted: Jan 26, 2023

Why I chose insurance: A LinkedIn chat focused on P&C careers

Representatives from CSAA, MacAndrews & Forbes and PURE Insurance will discuss insurance careers and other industry employment issues during the February chat.

Posted: Jan 26, 2023

Study: Social inflation causes up to 11% of medical malpractice losses

The Doctors Company determined that social inflation is a key driver of higher medical malpractice insurance rates.

Posted: Jan 26, 2023

Build a strong security culture to guard against risks

A strong, positive culture will reward and celebrate actions in support of company goals and objectives and in alignment with core values.

Posted: Jan 25, 2023

Ohio Supreme Court: Ransomware attack not covered due to 'no direct physical loss'

The insurance policy phrase "direct physical loss of or damage to" has been in the news the past few years thanks to BI cases stemming from the pandemic.

Posted: Jan 25, 2023

How might insurers break free of chronic challenges?

One suggestion: Shift focus from being an industry that primarily detects and repairs to one that predicts and prevents.

Posted: Jan 25, 2023

The next chapter for library insurance

Libraries are not free from the noise of cyber, extreme weather and other modern risks.

Posted: Jan 25, 2023

Harnessing the power of MGA accelerators to move the industry forward

Discover how MGA accelerators are moving the industry forward and bringing new entrepreneurs into the industry.

Posted: Jan 24, 2023

How COVID-19 affected workers' compensation subrogation

An overwhelming number of factors has created an increase in the number of claims to be subrogated.

Posted: Jan 24, 2023

Around the P&C insurance industry: January 25, 2023

Insurance industry news from NFP, InsurTech Corridor, FloodFlash and more.

Posted: Jan 24, 2023

These states have the worst drivers

A recent report from QuoteWizard dug into the data to see which states' drivers had the most speeding tickets, crashes, citations and DUIs.

Posted: Jan 24, 2023

Keys to protecting an artisan contractor business and managing risk

It’s paramount for artisan contractors to protect their livelihoods, because specialized skillsets come with unique insurance needs.

Posted: Jan 24, 2023

More than 16K homes were within the path of early January tornadoes

The properties, located across three states, have a combined reconstruction value of $4.5B, CoreLogic reports.

Posted: Jan 24, 2023