Security risk

Casualty Actuarial Society forms a task force to advance research into cyber risk and cyber insurance.

Keefe, Bruyette & Woods leaves ratings unchanged due to the generally stable operating environment, but analysts are adjusting earnings-per-share estimates because of winter weather and a flatter yield curve.

SAP's platform has been expanded to North America insurers through its cloud offering.

Buyers' market is improving, as capacity remains abundant, according to Willis Group; commercial casualty rates likely to experience single-digit increases.

Touchstone creates an open platform for insurers and reinsurers to manage their exposures and catastrophe risk.

The integration from the Property Claim Services division of Verisk Analytics is designed to align the use of precision climate business data for P&C insurers.

The new company will distribute connected car products to consumers in the UK and Canada, fleets in Europe and to vehicle makers globally, company says.

Leading companies have poured $13.4 million into defeating a ballot initiative that would give California regulators the power to reject increases in health policy premiums.

Software is designed to help detect criminal fraud rings and enable users to understand the relationships between their organizations, customers, events and third-parties.

Tom Parrent, AIG executive and industry veteran, will take on the role of chief risk officer.

Industry executives share their perspectives in a recent survey.

Using newly created tactics, Liberty Mutual has been able to have many of Progressive's patent claims cancelled, an important step in fending off the infringement case Progressive has filed against it and other insurers.

To improve customer satisfaction, accuracy and cycle time for weather-related claims, the insurer integrated Verisk’s data and analytics capabilities into its estimating application.

IT will be required to develop the robust systems and data environment to perform and analyze risk metrics in tight time frames. There's a regulatory train coming, and IT needs to stay ahead of it.

Market conduct exams, privacy and data protection rank at the top of insurers' regulatory concerns, according to a recent survey.

The 2013 Atlantic hurricane season, which ran from June through November, was the first since 1994 with no major storms.

Lumeta Corp. has integrated its IPsonar and ESI products with the Allgress' Insight Risk Management Suite.

The platform now is designed to be a probabilistic loss estimation tool generating exceedence probability curves, probable maximum losses and average annual losses.

Having established core capabilities last year, chief risk officers now are focused on making core processes and tools work better, according to Ernst & Young survey.

Peter Skerlj brings more than 17 years of experience to the role.