Security risk

The NAIC Executive (EX) Committee recently established the Cybersecurity (EX) Task Force to act as a focus point for cybersecurity insurance regulatory activities. The message is clear: there will be regulatory pressure to do something around cybersecurity.

The Bank of England will issue its verdict in December on the models insurance companies use to quantify risk and determine capital requirements as the industry prepares for Solvency II.

Having a set of vendor-specific questions and expectations can assist in selecting the best vendor for your company.

The companies' complementary, rather than competitive, risk management practices can leverage technology to get a clearer picture of risk for insurance carrier clients.

XL Catlin's newest breach response partners include computer forensics services providers and law firms.

Optimizing reinsurance cost is important to mid-market P&C insurers with growth ambitions. Tom Brock, AVP for Motorists Insurance, explains how the company tacked the challenge head on.

California was home to seven of the top 10 hot spots.

Cigna CEO David Cordani says Anthem's Joseph Swedish hasn’t been able to handle problems at the insurer, like a large data breach by hackers in February, which is holding up a potential deal.

The perception among insurance company employees is that tech spending is rising rapidly, and regulation is driving strategic decisions.

Insurance analytics provider and connected-car technology company endeavor to expand insurers’ use of risk scoring.

James J. Shea, a former QBE VP responsible for integrating the Australian insurer’s information technology systems, and Eugene Fallon, an outside consultant, allegedly defrauded QBE over two years.

More than 6 million people would lose the subsidies that allow them to purchase health insurance if the Supreme Court rules in favor of the plaintiffs in King v. Burwell.

Using data, we have “the opportunity to transform our health care system in unprecedented ways,” the DHS secretary said at the Health Datapalooza conference in Washington.

Insurers fearful of security events must double down on staff training to deter easily preventable social engineering hacks, experts say.

The company found malware in its system before its 2014 breach, but wasn't able to clear it completely, allowing unauthorized access.

Information on more than a million customers may have been compromised in a June 2014 attack.

Largest reinsurer in the Middle East signs multi-year license for GEMS economic scenario generator.

Betsy Ward is expanding her role as chief enterprise risk officer to include chief actuary as Isadore Jermyn retires after 34 years with the insurer.

Brian Schrieber's many responsibilities include digital media and M&A.

Typical actuarial modeling environments incorporate many technical components beyond the calculation engines that perform projections.The effectiveness of the actuarial function depends, to a large extent, on how those components are linked.