Data security

Chronicling insurers' continuing challenges combating auto theft, Insurance Bureau of Canada (IBC) today released its annual list of most frequently stolen vehicles.

Fitch affirms all AXA entities; S&P lowers credit rating on Manulife Financial, rates Berkshire Hathaway’s senior notes; A.M. Best comments on Aetna; Moody’s affirms WellPoint, Munich Re.

Towers Watson survey says insurers are increasingly employing predictive modeling as rates continue to be weighed down by excess capacity.

Insurers, banks, credit unions and more affected by partnership.

A culture of complacency hampers information security efforts, and as a result, sensitive corporate data is vulnerable to tampering and theft.

Carrier will implement Detica NetReveal in their general insurance business to combat claims fraud.

John Kim also will become New York Life’s chief investment officer

Top companies in our survey grind down costs by consolidating IT and rationalizing processes. They’re growing faster as well.

The highest-priority initiatives continue to be policy admin and BI, with claims, agent portals and commissions also of importance.

With insurers storing vast amounts of potentially sensitive or embarrassing information, a risk mitigation culture must pervade the enterprise.

Product to offer better management of its portfolio of insurance-linked securities.

For those not on thin-client hookups, the message is clear: Know what applications are on your systems and how they work.

Rep. Spencer Bachus says he will revisit Dodd-Frank to remove any undue burdens on taxpayers.

New reports list P&C, life and health insurers with highest quarterly sales growth.

Inflated storage and towing fees, excessive medical treatment and auto glass fraud the most scrutinized, says NICB

The forecast for 2011 includes only slight premium growth for the industry amidst a continuing moderate economic recovery, Fitch says.

The previous three months showed a composite decline of -4%, according to MarketScout research.

The Integro company has purchased a risk advisor and reinsurance intermediary focused on health care.

Application to handle all claims submitted to ACE Private Risk Services under its personal and specialty lines.

At CAS annual meeting, speakers weigh the reality of federal insurance oversight.