Security risk

The insurer's usage-based insurance program could next leverage GPS, smartphones and OEM telematics hardware, company says.

The vast majority of insurers report positive impact on bottom line, but a survey by Towers Watson finds applications and adoption rates vary substantially by line of business and insurer size.

Most national commercial health insurers, including UnitedHealthcare, Aetna, BlueCross BlueShield and Humana, say they are ready for the October 1 implementation deadline.

However, gaps exist between business' and IT's expectations, definitions and applications, according to Strategy Meets Action.

Insured Rating incorporates ISO content and handles general liability and commercial property business.

The ISO portal is designed to provide a foundation for a more technical approach to underwriting and rating.

Insurer to offer DriveCam safety and compliance program to fleet owners in an effort to improve fleet safety.

Republican members of the House Energy and Commerce Committee have sent letters to every insurer participating in the federal marketplace to request specific enrollment data.

AIG taps Peter Fisher's global experience with the regulation of financial services companies, including his work with the Treasury Department undersecretary for domestic finance and at the Federal Reserve Bank of New York.

Risk transfer opportunities just beginning to be realized, Towers Watson says; 90 percent of CFOs surveyed expect to see prices decrease.

Insurer announces a new chief information officer, chief claims officer, chief risk officer and 30 more corporate officers.

The U.S. lawmaker who wrote a Dodd-Frank Act provision that imposes bank-like capital standards on the insurance industry introduced legislation to ease the requirements.

More than half of Chicagoland drivers drive fewer than 10,000 miles per year, insurer says; fuel costs and heavy traffic discourage driving.

Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank-like capital standards on their industry.

Senate leaders are seeking agreement to quickly pass a House flood-insurance bill to avert steep premium increases for property owners in coastal states.

In 2012, PIP claims reached an annualized $14,207 per claimant, Insurance Research Council says, despite decreasing severity of injuries.

Lawmakers will hold their first hearing Tuesday on an issue that has largely mystified regulators: how to craft capital rules for insurance companies.

U.S. Health Insurance Regulator says the botched rollout of Healthcare.gov had nothing to do with his decision to leave, and no one encouraged him to leave.

All companies should have adequate controls that minimize points of entry to their private information.

Suite of predictive models offers insurers the opportunity to score driving behavior across multiple vehicles and vehicle usage patterns across multiple drivers, LexisNexis said.