Risk

In letter to HHS, commissioners say they have requisite powers to implement law.

Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ) announced its plans to create a new company called Horizon Healthcare Innovations (HHI). The new company is expected to be formally operational in September, but has already begun work as a division of Horizon BCBSNJ, notes the insurer. The new company’s mission is to energize the transformation of health care delivery to a better system marked by higher quality and more effective care, greater collaboration and efficiency, and increased affordability, notes Horizon.

In this time of economic uncertainty, should auto insurers align themselves with Big Brother approaches to catching the uninsured?

S&P and Moody’s offer differing takes on insurer’s pursuit of Alico.

The agencies issued a joint proposal detailing potential substitutes for credit ratings in setting capital minimums, but officials warned that Congress' decision to eliminate them from the supervisory process may be a mistake.

All four rating agencies react to CNA’s issuance of $500 million in senior unsecured notes; GEICO and Nationwide ratings affirmed, and State Auto National’s ratings placed under review with negative implications.

Technology may some day enable cars to sense danger and avoid it, but how will this affect auto insurance?

Industry says ongoing federal backstop is necessary to keep market functioning.

The financial crisis laid bare the flaws of the credit rating agencies, raising doubts about the agencies' objectivity in evaluating debt issuers that helped to fund their operations.

Support for the company’s encryption program, CipherEngine, is designed to help simplify compliance with industry regulations.

The Blackberry Enterprise Server automatically captures messages sent from employees’ Blackberries and stores them for personal and company record.

Risk Management Solutions' Enterprise Grid Computing software fully integrates the RMS RiskLink modeling platform with Microsoft’s Windows HPC Server.

No one would argue that the stakes in subsea deepwater drilling are high: Currently, investors are managing up to $2.5 trillion in deepwater wells across the globe. Deepwater oil production capacity (2,000 feet or deeper) has tripled since 2000 to five million barrels a day and has the potential to double again by 2015, according to Cambridge Energy Research Associates. There are now 14,000 deepwater wells worldwide.

Law curtails regulator's powers, requires radical transparency.

As federal insurance entity germinates, insurers ask for adequate funding in letter to Treasury Secretary.

Former Marsh CEO heads buying firm.

A new report questions when insurer will be able to pay back Treasury for assistance.

More than a decade since the repeal of the Glass-Steagall Act, the concept of a financial services supermarket staggers on.

Insured losses for Deepwater Horizon disaster will be between $4 billion and $6 billion, Towers Watson estimates.

S&P keeps MetLife on CreditWatch with negative implications, A.M. Best, Fitch and S&P all update ratings on Everest Re.