Data security

Insurers should prepare for an expanded focus by regulators on risk mitigation and consumer protection in 2010, say compliance experts.

Holy temblors, Batman, what will the global warming acolytes do with this one?

While legacy architectures may make things easier on IT departments, they don't necessarily ease headaches for users.

Sometimes, no matter how hard you try, it's impossible to make a silk purse out of a sow's ear. A pair of California-based economists probably recognized this following an attempt to construct an “early warning system” to predict another global financial crisis in the wake of the 2008 catastrophe.

Critical to 75% of personal lines P&C carriers, predictive modeling is also becoming a popular pricing tool with commercial lines insurers.

Blue Cross Blue Shield confirms that its laptop containing personal information on healthcare professionals was stolen in Chicago area in August.

Critics contend the failure of Gramm-Leach-Bliley is that it failed to produce a coherent regulatory mechanism that was up to the new powers it created.

A.M. Best, Fitch Ratings and S&P react to Berkshire Hathaway’s acquisition announcement, and announce changes to 14 other insurers’ ratings.

Access and authority can be tricky and risky, but someone—or some thing—has to be in charge. Is automation an option?

Downward pressure was effectively mitigated by the excess capital built up from several consecutive years of surplus growth prior to 2008, notes research.

In its fourth annual program, INN recognizes Farmers Insurance for its enterprisewide “IdeaPoint” innovation.

Trillion-dollar losses projected if a medium-sized comet or asteroid strikes Manhattan.

While insurers wait and see what Washington does regarding the proposal to create a systemic risk regulator, experts say firms need greater transparency into decision-making process and an enterprisewide view of their risk.

Arbella Insurance Group upgraded, MassMutual downgraded and Pacific Life’s mortgage-backed securities ratings affirmed. Find out other actions from A.M. Best, Fitch and Moody’s.

Bolstering its ranks with experts from within insurance companies, Novarica announces Martina Conlon, previous senior manager at Arbella Insurance, will join the research and advisory firm.

The company has decided not to sell AIG Star Life Insurance Co. and AIG Edison Life Insurance Co., but the future of Alico Japan remains to be seen.

The reciprocal insurance provider will use Maximum Processing’s Web-based, policy, billing, claims and reinsurance insurance administration system.

Key processes and underlying technologies enable the insurance industry's drive for enterprise risk management.

Social network analysis can help insurers understand networks often connected to criminal behavior.

To better manage risk, reinsurers are turning to increasingly sophisticated technologies and models.