Security risk

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.

Low yields on government bonds mean euro-area life insurance firms are suffering from more severe stress than they incurred in recent tests.

The U.S. Centers for Medicare & Medicaid Services hasn’t yet put out final figures on the risk corridor program, S&P said.

Because insurance regulation rests primarily with states, the federal government can’t commit to fully implement international agreements on insurance regulation.

Industry groups sought legal protections that would encourage information sharing to help prevent increasingly damaging cyber-attacks.

The agreement combines IBM's knowledge of IT security with Swiss Re Corporate Solutions' underwriting experience, the companies said.

Property-and-casualty policy sales fell 2.9 percent in the first quarter, Zurich-based Ace said, driven partly by currency fluctuations and declines in the agriculture business.

The computer security industry is eating humble pie at this week's RSA Security Conference in San Francisco. Amid continued cybersecurity break-ins and a growing threat landscape, here are five key IT security and data protection trends emerging at the conference.

The National Association of Insurance Commissioners has announced its Principles for Effective Cybersecurity Insurance Regulatory Guidance, which direct insurers, producers, and other players in the insurance ecosystem to to join forces in identifying risks and adopting practical solutions to protect consumers' sensitive information.

The Federal Reserve would be at the helm of a reorganized regulatory system that eliminates the Office of the Comptroller of the Currency and combines other agencies under the plan released Monday.