Security risk

Today's technologically advanced homes are altering how insurers use real-time telemetric data for the assessment of risk and prevention of loss.

MEM also worked with Risk Control Technologies to integrate Guidewire PolicyCenter and ClaimCenter data into the loss prevention system.

The latest version of the firm’s risk and capital management decision-making application is designed to enable insurers to better understand the drivers of risk, assess options and deploy capital efficiently.

AIG, Amica, Legal & General and 8 other insurers among the finalists for the awards honoring best practices in insurance industry IT initiatives and strategy.

A recent survey identifies insurers' highest-priority investment areas over the next two years.

Cheap connected sensors soon could disrupt insurance product creation, distribution, services, pricing, data and analytics and business metrics, according to SMA.

CEO Steven Kandarian, who last month announced the insurer’s first stock buyback since 2008, says it’s hard to commit to additional repurchases as he awaits clarity on U.S. capital oversight.

Insurer looks to ComplianceCourier to help centralize and automate the access control process.

The bottom line is that no one policy will cover all the exposures in the social media realm.

The Financial Conduct Authority is demanding higher standards of consumer protection from insurers, which could lead to greater customer engagement and understanding.

Cloud deployment can improve risk management for The Barnstable policyholders, company says.

By limiting subsidies to the state exchanges, the government was providing the incentive needed to get all 50 states and the District of Columbia to go ahead and create those exchanges.

Many industry reports say carriers are investing in underwriting technology, but will all of these investments benefit underwriters?

Time will tell if the Halbig decision remains viable. But in the meantime, a new level of uncertainty has been injected into the process.

The latest version of financial modeling application can help P&C insurers model their businesses quickly and accurately; different editions can grow to meet evolving business and regulatory requirements.

Financial returns continued to improve; Ward's 50 companies, which include Aetna, Great American Life, Liberty National Life and others, produced a 21.8-percent statutory return on average equity from 2009 to 2013.

The agreement covers Liberty Mutual Insurance’s potentially volatile U.S. asbestos and environmental liabilities, as well as commercial insurance’s workers’ compensation liabilities.

The bill, passed 93-4 today in Washington, now goes to the House, where Republican leaders propose cutting back the reimbursement for attacks involving conventional weapons.

New functionality includes non-catastrophe risk analysis and an underwriting mode.

The insurer will use ARC Logics’ regulatory change management, risk assessment and Sarbanes-Oxley Act compliance functions.