Data security

At IIS seminar, attendees express confidence in their ability to make use of growing sets of data and penetrate new markets.

At IIS seminar, attendees express confidence in their ability to make use of growing sets of data and penetrate new markets.

Sales of motor scooters jumped almost 50% for the first three months of 2011.

Net losses on underwriting grew to $4.5 billion in first-quarter 2011, contributing to the quarter’s net income drop to $7.8 billion

Commercial mortgage loans held by life insurers in Fitch's universe posted actual realized losses of $1.36 billion in 2010, below Fitch's expectations of up to $3 billion in losses.

At International Insurance Society seminar, insurers, regulators and academics consider how best to balance the rules under which the industry operates.

The call for a national standard for when and how banks, insurers and financial services companies must notify customers of a data breach beefs up penalties for cyber crimes by synchronizing them with other laws, such as the Racketeering Influenced and Corrupt Organizations Act.

The number of lightning claims is down, but the average cost per claim rose 13% from 2009; expensive electronics may be culprit.

The insurer reports "mailing error" sent member name, insurance number, diagnoses codes and descriptions, procedure code and description, prescription name and provider names to wrong addresses.

Set of predictive models designed to separate major perils, aggregate by-peril expected losses to an all perils combined basis; more than a dozen insurers are participating in pilot tests to evaluate the environmental module.

Models forecast slightly above-average season, as report identifies $300 billion of U.S. residential properties at risk of storm surge.

Teen Drivers Play the Blame Game

New study urges regulators to consider carriers’ financial health as dissimilar to banks when it comes to global system risk regulation.

AIG UGI Asia, First American Title, Prudential Financial, State Auto, State Farm and others receive updates.

System uses investment information to feed performance tools for calculating performance rates of return at multiple levels.

Scientists and the insurance industry are wise to ponder the potential impact of climate change.

Shelby broaches privatization of beleaguered program at Senate hearings.

Efforts Underway to Curb Hail-Related Damage

Trade associations send letter to President Obama urging him to pressure the G20.

At Joplin Hospital and Data Center, Speed Boosts Tornado Recovery