Risk

Washington — Tough economic times give insurers all the more reason to be vigilant when it comes to fraud, and the FBI is helping with a new report based on data on a host of insurance crimes currently taking place.

After false starts in 2006 and 2007’s hurricane season, meteorological experts are again predicting high hurricane activity, driving reinsurers to rethink enterprise risk management and technology-based strategies.

Report says that up to 33 million licensed drivers should not be driving.

Initiative seeks to make medical files easily transferable between insurance companies.

The insurer plans to release its property loss prevention engineering guidelines at no cost through its Web site.

Two new studies examine the implications of Treasury Secretary Paulson’s Plan to overhaul regulation of financial services.

Founder of first hurricane catastrophe model recognized as a valuable contributor to award-winning scientific climate change work.

Beginning in 2009, the U.S. Securities and Exchange Commission will have some of the nation's largest companies file their financial results in extensible business reporting language (XBRL).

The collaboration between the two organizations is designed to help insurers achieve process efficiency across multiple systems, processes and business channels.

Contributions promise significant, long-term enhancements to information and insurance capability models.

A Towers Perrin survey reveals rating agencies having an effect on ERM development.

Web site assistance aims to help advisors better counsel on the importance of disability coverage.

Senate blocks move to expand National Flood Insurance Program.

Greenwich Associates presents the award based on a study of 714 risk managers, which concluded that insurers’ claim management process is a significant determinant of customer satisfaction and loyalty.

The vendor’s “formatting linkbase” contribution provides dynamic rendering of complex financial information based on the XBRL standard.

Matthew Grant will take over the role of group executive of global client development from Bill Keogh.

A new report says telematics will help insurers improve the accuracy of their risk-based pricing models, and potentially allow them to offer more variable, pay-as-you-drive pricing models.

European insurers are ponying up the cash to ready their infrastructures for more stringent regulatory requirements.

New vacuum-creating technology could become a fixture in areas prone to high winds.

CNA and its policyholders have access to NICB’s national network of special agent investigators, field and headquarters analytical support.