Risk

Business professionals recognize the importance of IT security investments and predict and increase in their budgets for 2009.

Broker’s risk management platform heralded as success at “The Review’s” awards ceremony in London.

By acquiring data sets containing VINs that meet specific "indicators" of insurance fraud and/or vehicle theft, the National Insurance Crime Bureau improves its recovery rate.

With overall predicted losses topping $10 billion, insurers’ mobile teams and technologies may need to remain in hard-hit areas as three more tropical storms line up behind Gustav.

Without congressional action, the National Flood Insurance Program will expire at end of month.

The association lists its objections to a proposed rule change in a letter to the SEC.

The NICB Board elected Joseph Wehrle, Jr. to succeed Robert Bryant as president and CEO, effective at the close of business, September 2, 2008.

To maintain vigilance, information security officers need to combine technological savvy with knowledge of the business.

Survey of reinsurers confirms that property catastrophe data integrity impacts reinsurance pricing, and predicts that implementing world-class data quality controls and management practices has the potential to create a win-win for all parties.

When asked, "What is the top issue facing the insurance industry?," 44% of survey respondents chose competitive price/adequate profitability.

Swiss Re contends a country risk officer, comparable to the role of a chief risk officer, is a useful model to develop an integrated perspective across the social, economic and environmental risks of a country.

Association says the proposal to reclassify indexed products as securities is unnecessary.

Designed specifically for insurers, the tool provides assessment of likely tropical cyclone impact.

Effective September 3, Catherine Weatherford will replace Mark Mackey, who announced his resignation in January, as NAVA’s president and CEO.

A new study says Americans would pay billions if Congress passes the Hurricane Insurance Proposal and another Katrina-like storm strikes.

Sacramento, Calif. – Julie Davis believes that women working in insurance have the unique skill sets and innovative ideas that are keys to reforming the industry, and that risk-taking in bringing forth these innovations should be rewarded. The problem, Davis said, is that risk-taking is something women tend to avoid in the insurance industry.

Tallahassee, Fla. — The travails of Allstate Cos. in Florida are at an end after the company reached a limited agreement with the Florida Office of Insurance Regulation.

Columbia, S.C. - Fiserv Insurance Solutions, a provider of technology, professional services, and strategic sourcing options, announced today that it has assumed responsibility for three compliance products that Fiserv acquired with CheckFree in 2007.

Hartford, Conn., - Information sharing among Internet users via Web-based communities such as social-networking sites is apparently becoming a real liability threat for many organizations.

Sweeping action to overhaul insurance regulation unnecessary, association says.