Risk

Time will tell if the Halbig decision remains viable. But in the meantime, a new level of uncertainty has been injected into the process.

The latest version of financial modeling application can help P&C insurers model their businesses quickly and accurately; different editions can grow to meet evolving business and regulatory requirements.

Financial returns continued to improve; Ward's 50 companies, which include Aetna, Great American Life, Liberty National Life and others, produced a 21.8-percent statutory return on average equity from 2009 to 2013.

The agreement covers Liberty Mutual Insurance’s potentially volatile U.S. asbestos and environmental liabilities, as well as commercial insurance’s workers’ compensation liabilities.

The bill, passed 93-4 today in Washington, now goes to the House, where Republican leaders propose cutting back the reimbursement for attacks involving conventional weapons.

New functionality includes non-catastrophe risk analysis and an underwriting mode.

The insurer will use ARC Logics’ regulatory change management, risk assessment and Sarbanes-Oxley Act compliance functions.

Property and liability insurer replaces an outdated legacy policy, claims and billing management system.

The rate increase proposals from the six most popular insurance plans on the New York state health insurance exchange represent only what the insurers would like to see, and state officials can still mandate insurers accept lower premiums than those requested.

Risk Score is designed to analyze loss-free policies and deliver loss ratio improvements.

The alliance is established to help analyze cyber risks for small and midsize businesses.

The new app will support industry reporting to European regulators.

Consolidation and fluctuating returns have complicated risk management, creating new technology priorities for insurers, according to Novarica study.

The system was about 190 miles south-southwest of Cape Fear, North Carolina, the U.S. National Hurricane Center in Miami said in an advisory at 5 a.m. local time.

The temporary program has been called everything from a “subsidy” and “safety valve for consumers and insurers” to a “taxpayer bailout.”

iWorks Prophet GI is designed to help general and P&C insurers manage risk modeling.

Under the proposal, 95 percent of customers who purchased plans through the federal website will be automatically renewed, unless they seek changes.

The formation of an El Niño and cooler than normal sea-surface temperatures in the Atlantic Main Development Region could suppress hurricane formation and severity.

Bill recognizes some consumers may need or want to buy health insurance off the exchange without having had a special qualifying event.

The platform, developed on SAP HANA, is designed to help banks and insurance firms to transform finance operations.