Security risk

Sircon for Carriers is designed to streamline a producer’s lifecycle process by automating the licensing and appointing, producer compliance management and agent on-boarding aspects.

INN announces a call for nominations for the 2010 Women in Insurance Leadership program.

TransUnion’s Insurance Risk Index falls for the third consecutive quarter.

There are many ways to store data, but mitigating risk must be priority No. 1.

With data exchange standards and technology maturing, the focus is moving toward implementation, architecture and advocacy.

While much of the focus of the regulatory front has focused on Capitol Hill, insurers are engaging in some pitched battles at the state level.

The seeming over-abundance of accolades can obscure real business accomplishments.

Chubb seeks to facilitate discussion on emerging class of risks.

NAIFA adopts policy opposing stranger-originated annuities.

Insurers should keep apprised of Twitter, LinkedIn and Facebook's latest developments, as they could have profound effects on the business.

Social media outlets are hot marketing tools—and dangerous security risks. What’s an insurer to do?

As the number of claims mount, insurers are in a scramble to manage risk management issues surrounding property/casualty coverage of faulty Chinese drywall. Yesterday, Louisiana became the first state to openly challenge insurers, passing a bill stopping insurers from increasing premiums or canceling homeowners and commercial property coverage because of such claims.

The Qatar-based reinsurer signed a three-year contract with RMS to manage earthquake risk in Asia.

Although efforts are underway to harmonize certain areas of insurance regulation, such as solvency margins and the regulation of control and management, until there is overall harmonization of international insurance laws, sellers, producers and buyers of multinational programs face certain challenges. So says Suresh Krishnan, general counsel, Multinational Client Group at the ACE Group of insurance and reinsurance companies, in a new report. The challenges, says Krishnan, involve making sure companies are not inadvertently assuming risks under local insurance and tax laws in the various jurisdictions implicated by their programs.

Perhaps this isn't surprising, as smaller firms have a lot more to lose if they have fraudulent accounts in their midst.

The National Flood Insurance program, which has limped along on a series of temporary extensions, may be due for a more substantial resolution.

Recovering equity markets may foretell consolidation in the insurance industry, a new report says

A dialogue is necessary to identify emerging risks and help risk managers achieve full value from their ERM investments, says RIMS report.

A.M. Best revises State Farm General Insurance’s outlook to positive from stable, S&P places Reserve National Insurance on CreditWatch with negative implications.

Steering a car with one’s eyes seems like a neat idea ... until you look the wrong way.