Security risk

ACORD, the insurance standards body, contends brokers and supervisors can advance their new solvency regime efforts by utilizing existing standards for data and information flow, internally and externally.

Participants say the initiative will provide significant improvements for insurers using ACORD standards.

The acquisition will enable York Programs to offer nationwide loss control to its existing program partners.

SEC chief says new oversight a necessity.

A recent study reveals that small business owners are unfamiliar with the risks involved in workers’ compensation insurance from self-insured groups.

Anti-money-laundering systems vendor Norkom Technologies is teaming with IBM to deliver a more comprehensive approach to combating financial crimes.

Dr. Akshay Gupta will be responsible for managing and developing the Catastrophe Risk Engineering practice.

Chosen for her depth of carrier-specific insurance enterprise IT experience, Karlyn Carnahan, CPCU, reflects the industry’s latest analyst traffic.

While advanced computing and technology is typically a blessing, with more avenues for exploitation, it also can be a curse for IT security.

Bilked for billions of dollars annually and facing tough economic times, insurers are reaping benefits by outsourcing fraud mitigation.

The extension of the plan, which was set to expire today, will allow the program to continue operating under its current terms through March 6, 2009.

Gina Boone will serve as the company’s chief legal officer, providing direction and oversight to regulatory and compliance initiatives.

The Association for Insurance Compliance Professionals has elected its 2008-2009 board of directors.

A free online service provides necessary state-by-state hurricane-related bulletins and department of insurance compliance information.

Bill seeks to redress perceived tax advantage for foreign-based reinsurers.

Life insurance association says market turmoil underscores need for regulatory changes.

Opponents of the legislation claim enactment would hurt consumers.

AIG works quickly to shore up support and stave off panic as its leadership transitions and the marketplace repsonds.

Companies will combine regulatory content and delivery technologies to create an on-demand compliance tool for carriers, agents and brokers.

The solutions will combine the expertise of IBM's Global Business Services and Norkom's financial crime and compliance software.