Security risk

Insurers may be interested to note the results of the study released by the Basel Committee on Banking Supervision.

Five severe weather events, one winter-based storm, two earthquakes and two floods comprised the top 10 insured loss events, says Aon Benfield

Chronicling insurers' continuing challenges combating auto theft, Insurance Bureau of Canada (IBC) today released its annual list of most frequently stolen vehicles.

Rep. Barney Frank plans to defend the Dodd-Frank Wall Street Reform and Consumer Protection Act from Republicans, and he made it clear he's willing to get personal.

Fitch affirms all AXA entities; S&P lowers credit rating on Manulife Financial, rates Berkshire Hathaway’s senior notes; A.M. Best comments on Aetna; Moody’s affirms WellPoint, Munich Re.

Towers Watson survey says insurers are increasingly employing predictive modeling as rates continue to be weighed down by excess capacity.

Insurers, banks, credit unions and more affected by partnership.

A culture of complacency hampers information security efforts, and as a result, sensitive corporate data is vulnerable to tampering and theft.

Carrier will implement Detica NetReveal in their general insurance business to combat claims fraud.

Members of the National Association of Insurance Commissioners (NAIC) held a special interim election during a conference call. Louisiana Insurance Commissioner James Donelon was elected NAIC VP and Illinois Insurance Director Michael McRaith was elected NAIC secretary-treasurer.

John Kim also will become New York Life’s chief investment officer

Top companies in our survey grind down costs by consolidating IT and rationalizing processes. They’re growing faster as well.

Financial legislation requires surplus lines producers to participate in a national database for licensing and renewals.

The highest-priority initiatives continue to be policy admin and BI, with claims, agent portals and commissions also of importance.

With insurers storing vast amounts of potentially sensitive or embarrassing information, a risk mitigation culture must pervade the enterprise.

Product to offer better management of its portfolio of insurance-linked securities.

For those not on thin-client hookups, the message is clear: Know what applications are on your systems and how they work.

Just 15% of health care CIOs surveyed were confident they could meet the April 1, 2011 deadline to qualify for meaningful use incentives.

Rep. Spencer Bachus says he will revisit Dodd-Frank to remove any undue burdens on taxpayers.

New reports list P&C, life and health insurers with highest quarterly sales growth.