Risk

Rule to Tighten EDI Standards in Final Stages

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.

Organizations need to defend their data assets against internal threats, not only disaffected workers but also trusted administrators who hold the keys.

Paper notes exchanges as “active purchasers;” offers support to states.

Insurers contemplating integrating mobile platforms into their enterprises must take heed of this disturbing trend and make tough calls.

Australia’s largest insurer looks to expands into U.S. forced-placed insurance market.

As FEMA’s Direct Servicing Agent, the property/casualty software and services provider will expand services to insurance agents, policyholders, lenders and other stakeholders.

Risks rise as employees increasingly use personal mobile devices for enterprise purposes.

As rule makers finalize the Dodd-Frank Act behind closed doors, insurers fear they will suffer collateral damage.

With the dollar falling and global capital markets still uncertain, dealing with financial risk is becoming tougher for life insurers.

Insurance business process outsourcing market blossoms; driving costs out of the claims process.

Witnesses tell House committee that cross-state sales would reduce the number of uninsured.

Treasury begins to lessen ownership stake as it unloads 200 million shares of the insurer’s common stock.

The annual insurance technology conference saw shifting trends, but issues from the past remain a challenge.

National Association of Insurance Commissioners affirms the need for producers in state health insurance exchanges, and the appropriateness of compensating them in several ways for their services.