Risk

When insurers assess the risks and conduct cost-benefit analyses on whether information systems should be encrypted, more often than not the decision has been made to not encrypt. That has to change now, industry observers say.

More than a month later, more than 50 million people affected by the breach haven’t been notified by the company, senators Lamar Alexander and Patty Murray said.

Hackers succeeded in accessing claims and clinical data from Premera, but they may be wasting their time trying to monetize health data, industry observers say.

When big commercial insurers develop cyber risk coverage for their clients, IT helps illustrate the problem and identify solutions. CNA and XL Group take us inside their processes.

Premera Blue Cross, serving the Northwest and Alaska, was hacked beginning last May, and even more sensitive data was exposed than in the Anthem hack.

The insurer plans test flights near Bloomington, Illinois; could use drones to assess roof damage claims and respond to natural disasters.

Commercial lines prices have only risen 2% in the past year, and for workers' comp, even that would be good, says Towers Watson.

Regulators, industry representatives and others are encouraged offer perspectives, insights and recommendations to inform and shape emerging regulations.

Building a strong relationship with the insurance industry has been a top priority for Sylvia Burwell since becoming the head of HHS nine months ago, she said at America's Health Insurance Plans' national health policy conference this week.

Companies have resisted providing data to the government about hacking attacks out of concern that they could be sued if they accidentally included private information about their customers, or accused of violating antitrust laws.

The Supreme Court case King v. Burwell, which challenges the legality of subsidies available for individuals purchasing health insurance on the federal exchange under the Affordable Care Act, could rock the stability of the health insurance market. Arguments will be heard today.

Genworth is struggling to contain the damage and on Monday warned of a “material weakness” in some of its accounting.

A growing number of New York and New Jersey homeowners have accused insurers of rejecting or underpaying flood-insurance claims based on falsified engineering reports.

The company also put out a HITECH Act notice over the weekend detailing the identity protection services it will provide affected customers.

Kevin Counihan failed to directly answer other questions regarding re enrollments, tax data and if illegal immigrants were provided coverage.

Federal Bureau of Investigation officials are still deciding whether to publicly reveal information about the attackers in one of the biggest thefts of medical-related customer data in U.S. history.

Along with Logiq3, MSG Global's acquisition of Tindal Associates brings it more than 100 life insurance customers.

Private insurers working in partnership with FEMA’s National Flood Insurance Program have come under scrutiny over allegations they denied or rejected damage claims based on falsified reports.

In the wake of the Anthem hack, here's how insurers can double down on securing their enterprise data.

Obama signed an executive order intended to encourage companies to share information on Internet threats with one another and create a framework to help the private sector turn over data to federal agencies investigating data breaches.