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Actions against four large mortgage insurers is only the beginning as the Consumer Financial Protection Bureau looks to squash deals between reinsurers and mortgage insurers.
April 5 -
Bad driving habits and trends are diminishing among teens, according to a new report on teen driver safety released by The Childrens Hospital of Philadelphia (CHOP) and State Farm. From 2008 to 2011 the number of teen passengers killed in crashes not wearing seat belts decreased 23 percent, the number of teen passengers driven by a peer who had been drinking declined 14 percent, and 30 percent fewer teen passengers were killed in crashes involving a teen driver.
April 5 -
Commercial rates increased 5 percent, while personal lines prices were up 4 percent last month, according to MarketScouts monthly Market Barometer.
April 5 -
Less than a month after releasing a report that pointed out the soaring sales of cyber insurance, Marsh announced today that Matt McCabe, a former congressional advisor on cyber security, has joined Marshs growing Network Security and Privacy Practice as an SVP. In his new role, McCabe will be responsible for advising clients on emerging cyber security trends and issues and ways in which they can address their unique data and privacy needs.
April 5 -
PolicyCenter, BillingCenter designed to leverage automated underwriting rules and increase real-time functionality.
April 5 -
How one insurer adopted 'ERP for IT' to build repeatable, business-savvy processes.
April 4
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As the system gains acceptance, regulators expect major expansions to the use of LEIs in an effort to gain insight into the connectivity of financial systems.
April 4
Deloitte -
Big data maturity levels among insurers are perfectly split, according to the report, with 25 percent falling under each category: exploring, experimenting, deploying and expanding. This means the insurers find themselves a little ahead, as 38 percent of banks surveyed are reportedly still exploring big data while only 13 percent are expanding its use.
April 4 -
While 40 percent of Americans expect health care reform to have a major effect on their lives, 90 percent dont know when the new exchanges will open, according to a new study.
April 4 -
With questionable claims numbers and fraud costs expected to grow through 2016, Aite Group outlines emerging techniques and technologies to stem the tide.
April 4