Data security

Are we really heading toward a day when we’ll all be zipping around in airborne automobiles? Probably not.

The president of the Federal Reserve Bank of Chicago said last week that financial institutions should be forced to buy capital insurance, or issue debt that could be converted into equity in a crisis.

The storm clouds that tend to visit America’s Atlantic and Gulf coasts each autumn may have a silver lining for reinsurers based in Bermuda. A new report from New York-based Deloitte, which features analysis from Standards and Poor's reinsurance director Laline Carvalho, says a variety of factors have quelled reinsurers' appetite for risk, which will result in higher prices for reinsurance.

The developer of what may well be the world’s first mass-produced “flying car” is discussing a range of options with underwriters from several companies in an attempt to come up with an affordable insurance policy for this hybrid vehicle/aircraft.

Richmond, Va.-based Genworth Financial says its U.S. mortgage insurance business was seeing positive results from the Obama Administration's Home Affordability Refinance Program (HARP).

Aon Benfield’s July Reinsurance Market Update report shows catastrophe-exposed programs outside of the United States remained firm.

The new head of the AIA, Leigh Ann Pusey, weighs in on a bevy of legislative issues pertinent to the insurance industry.

If insurers succeed in excising all elements of risk from within their own walls, they may in turn run the risk of stifling learning and creativity.

Arch Re is employing a Web-based system to ease the manual burden of the insurers with which it works.

A report from ISO and PCI says the decline stems from a combination of underwriting losses and a deterioration in investment results.

Watson Wyatt CEO John Haley and Towers Perrin CEO Mark Mactas will head up the combined company, Towers Watson & Co.

With China's new insurance laws set to take effect later this year, many insurers may need to upgrade their claims systems to keep pace.

When financial systems are compromised, we may not even hear about it for months.

Report: Financial crisis should spur insurers to take a new look at risk management.

Look! Up in the sky! It’s a car! It’s a plane! How do we insure it?

New work has begun on an amendment to the first universal standard for motor vehicle event data recorders that may aid in insurers’ fight against insurance fraud.

The losses and declines in market value associated with the recent economic environment reveal new insights about the complexity of risk.

Clean, solid data is fundamental to mitigating risk, but insurers continue to slide by with poor information.

Witnesses say size should not be the sole consideration when determining which enterprises pose a threat to the economy as a whole.

Citing states’ history of consumer protection and market stability, the state-based insurance regulatory system is one of critical checks and balances, says Illinois Insurance Director.