Risk

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.

The Patient Protection and Affordable Care Act is creating an immediate jobs crisis in our communities, notes Michigan Congressman.

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.

Respondents fear new GAAP statutory principle-based framework will increase volatility of financial results.

The company says the unique transaction-based financial model provides participating plans with a more direct and cost-effective route to consumers than individual brokers.

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.

Insurers to be assisted with regulatory filings on securities-lending programs.

Scientists and the insurance industry are wise to ponder the potential impact of climate change.

NHTSA Chief: Do Away with Distracting Tech

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.