Data and information management

The big economic question of the day has major implications for sellers of annuities.

My blog on “Why Do So Many IT Projects Fail” touched a nerve with readers who offered more possible reasons.

The insurance industry needs to emphasize mobile initiatives and begin to guide consumer expectations rather than sit back and watch.

Insurers will be challenged to make work on legacy systems as interesting and fulfilling as any social networking startup may be.

Low market valuations of insurance, high levels of caution drivers behind lack of consolidation

More than 250 African American financial professionals at all stages of their careers, representing financial companies from across the United States, are expected to attend.

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

In light of growing cyber attacks against insurers and others, companies need to better defend their network perimeter, and resiliently produce swift recovery if an attack occurs.

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.

New research is advancing the notion of remote healthcare monitoring, an obvious plus for health insurers, but social factors may inhibit adoption.

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.

Planning and IT business alignment central to success, survey results suggest.

While traditional channels are still heavily used for communications, communicating electronically is now critical for insurers.