Security risk

Transparency could have many effects, including competitive intelligence and, as a result, aggressive pricing.

With less than three months until 2014 and Congress’ hands full elsewhere, insurers, particularly workers’ comp and commercial casualty insurers, should be devising plans to handle added terrorism risk exposure.

The services and solution are intended to automate and streamline the insurer’s administrative processes on New York’s exchange.

New version of Financial Crime Risk Management platform is designed to support automated generation of suspicious activity reports.

An influx of alternative capital is driving down property rates, according to Willis Group Holdings; many commercial casualty lines of business likely to experience rate increases.

Late next year, the International Association of Insurance Supervisors will implement capital rules for the insurers deemed systemically important, currently including MetLife, Prudential, Axa, AIG and Allianz.

Wolters Kluwer’s annual list of compliance issues for both P&C and life/health insurers highlight the difficulty of keeping up with regulatory changes for claims, underwriting and distribution processes.

Program for complex health care claims designed to unite underwriting capabilities with preferred medical professionals and health care advisors.

New division aims to alleviate growing environmental and climate risks through an increased focus on analytics and data science.

The amount and qualification requirements of the coverage adjusted to meet 2014 regulations.

The strategies of insurers like UnitedHealth Group and WellPoint are under the microscope as data from four of the five largest U.S. states is collected by SNL Financial Group.

Most midsize commercial insurers rank regulatory compliance as a top-three strategic priority for their companies, according to a new survey.

New insurance product is designed to cover costs incurred to manage a business crisis, including the fees of a crisis management consulting firm.

Many executives do, however, see exchanges either as a necessary change or an opportunity for growth.

The insurer said it is looking to improve in many areas, including claims processes, customer experience and compliance.

Preconditions do not yet exist, according to Celent report, including regulatory structure and customer demand.

With only seven days to go until October 1 and the official launch of the new public health insurance exchanges, a number of questions loom large. The biggest, by far, is would a government shutdown threatened by congressional Republicans also shut down the exchanges.

Trôv’s technology and processes are designed to offer transparency into the value of insured items.

According to Fitch Ratings, the company’s U.S. life insurance subsidiaries currently maintain capital levels in excess of regulatory minimums.

Guy Carpenter says enhanced risk modeling is important for insurers seeking growth in emerging markets.