NU Property & Casualty 360

U.K. Supreme Court rules insurance policies cover COVID-19 losses

The ruling comes as another blow to an industry that has endured one of its toughest years ever.

Posted: Jan 15, 2021

COVID workers' comp claims grew 'noticeably' in Q2 2020

While COVID-related claims were up, non-COVID-related claims fell by as much as 30% for most states compared with 2019.

Posted: Jan 15, 2021

Nearly 40% of Americans reduced or eliminated a policy in 2020

Some 60% regretted the cost-cutting decision, and more than half plan to restore insurance coverage in the future.

Posted: Jan 15, 2021

2021 P&C commercial insurance rates forecast

USI predicts how rates across six sectors will be affected this year amidst firming conditions and market uncertainty.

Posted: Jan 15, 2021

Three ways the pandemic has affected renewable energy

Insurance brokers should understand the new and unique challenges renewable energy businesses are facing during COVID-19.

Posted: Jan 14, 2021

People on the move in the P&C insurance industry: January 15, 2021

News from AXA XL, MAPFRE Group, CRC Group and more.

Posted: Jan 14, 2021

In the last 30 years, flooding driven by climate change caused $78 billion in damages in the U.S.

Natural disasters in the U.S. in the last year alone created $22 billion in damages, NOAA reports.

Posted: Jan 14, 2021

Climate change-driven flooding caused the U.S. $78B in damages in the last 30 years

In the last year alone, natural disasters in the U.S. created $22 billion in damages, NOAA reports.

Posted: Jan 14, 2021

If U.S. intel was compromised in the Capitol riot, who is liable?

Law enforcement officials and privacy experts dissect the question of who may be legally at fault for cybersecurity breaches during the Capitol siege.

Posted: Jan 14, 2021

Bombing in Nashville spurs insurance coverage worries

If the Christmas Day bombing is classified as terrorism, insureds without appropriate coverage may have to pay out of pocket for damages.

Posted: Jan 14, 2021

If U.S. intell was compromised in the Capitol riot, who is liable?

Law enforcement officials and privacy experts say who may be legally at fault for cybersecurity breaches during Wednesday's raid at the Capitol.

Posted: Jan 14, 2021

5 insurance issues to watch in 2021

Political polarization, changes to workers’ comp and COVID claims are just a few of the issues that will make waves throughout the insurance world in 2021.

Posted: Jan 14, 2021

ReSource Pro buys insurance advisors Strategy Meets Action, Nolan

The deal establishes a one-stop-shop for advisory services and market insights across insurance lines.

Posted: Jan 13, 2021

Agency transformation: Burning questions on field reorganization

Insurance carriers that answer 'no' to three or more of the questions in this article should consider pursuing large-scale reorganization.

Posted: Jan 13, 2021

11 businesses for agents and brokers to prospect in 2021

These businesses are likely doing well during the pandemic and could become your next insurance clients.

Posted: Jan 13, 2021

Americans are driving more recklessly in the pandemic, data shows

Despite the heavy drop in traffic and travel, vehicular deaths were up throughout the U.S. in 2020.

Posted: Jan 13, 2021

Claims considerations for parametric insurance

Extending the use of parametric insurance to the consumer level provides insurers with an immediate, data-triggered option for claims payments.

Posted: Jan 13, 2021

8 states where insurance regulators get an 'A'

R Street's Ninth Annual Insurance Regulation Report Card evaluates the current regulatory environment nationwide.

Posted: Jan 13, 2021

Injury on unseaworthy vessel nets sea captain $11M

A sea captain was awarded more than $11 million in lost future earnings after injuring himself on an unmarked hatch, despite being the employee of no one.

Posted: Jan 12, 2021

Around the P&C insurance industry: January 13, 2020

News from Hub International, Pathpoint, Betterview and more.

Posted: Jan 12, 2021

Social media ghosts are real

Fake profiles can be a risk management nightmare and wreak havoc on organizations. Here's how clients can respond to internet trolls.

Posted: Jan 12, 2021

Impact of the cross suits exclusion

Coverage Q&A: What exposure remains when an insurance policy has an inter-company products exclusion?

Posted: Jan 12, 2021

Insurance Speak: Staying connected in a social distanced, digital world

Facing rapid automation, and now social distance, maintaining personal relationships with customers is a challenge. Here's how to overcome it.

Posted: Jan 12, 2021

Digital marketing: How to win over local prospects

Insurance agents have mastered offline local marketing, but the same proficiency of online strategies is more uncommon.

Posted: Jan 12, 2021

How to be an insurance social-media whiz

It's easier to grow an insurance business when you capitalize on social media. Here are some free tools to take your business posts to the next level.

Posted: Jan 12, 2021