Data security

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

Another INN blogger had a different take on Al Gore’s speech at IASA, but in the end, Gore cannot escape the slick image he earned as a politician.

Revolutionary violence, insurrection, strikes and war join terrorism as key threats to businesses, says reinsurance intermediary Aon.

A.M. Best, Fitch Ratings, Moody’s Investors Service and Standard & Poor’s (S&P’s) released ratings updates. The following are some of the most recent:

Former Vice President Al Gore touched on everything from Moore’s Law to Minnie Pearl while pondering the impact of technology on the insurance industry, during his keynote address at the 2011 Insurance and Accounting Systems Association conference in Nashville.

The thunderstorms that struck the United States from May 20 to 27 will result insured losses to residential, commercial, and industrial properties, as well as automobiles , of between $4 billion and $7 billion.

StoneRiver is launching a new launch page.

With an eye on cost efficiencies, including negotiations with health insurers, employers are making employees’ health habits a top concern.