Security risk

ISO expands predictive analytics offerings with software designed to incorporate property-specific features into segmenting and rating process.

As costs, regulatory and technological inhibitors fall away, insurance industry laggards could face threat from mispricing, according to recent Aite Group report.

Upgrades to the risk monitoring software are designed to strengthen investment compliance checks and provide users with an improved interface.

Insurers are developing the technology to embed actuarial tools into an integrated risk and finance architecture, according to a recent report from Accenture.

For the previous two reauthorizations, Congress waited until the last minute to approve. After yesterday’s hearing, it looks like 2013 will bring more of the same.

With the acquisition of the geographic risk technology company, LexisNexis picks up software to complement its data, analytics and linking capabilities.

Executives responding to a recent Accenture survey report shortages of talent in a number of areas, including risk business and data analytics, risk technologists and regulatory change program management.

New survey reveals optimism that the exchange format will create an environment with the best options, regardless of which carriers are present.

Senate Banking Committee will examine the effects of the Biggert-Waters Flood Insurance Act of 2012, which eliminated grandfather clauses that prevented premiums from rising for some properties.

Swiss Re’s global ranking highlights the threat of earthquakes and flooding to growing population centers in Asia, home to eight of the 10 most at-risk cities.

The two most exposed cities are earthquake-prone urban centers along the West Coast, according to a new report from Swiss Re. The study takes into account population and exposure to five natural catastrophes, including storm surges, earthquakes and more.

Company’s research finds 85 percent of insurers would decline terrorism coverage without government backing.

In comments submitted to the Presidents Working Group, the American Insurance Association says terrorism is an uninsurable risk and requires partnership with the government.

The flooding has caused 15 Colorado counties to declare a state of emergency, including Boulder, which President Obama has opened up to federal assistance.

The multi-line insurer looks to the iWorks Prophet Managed Hosted Service platform to improve efficiency and compliance of actuarial modeling operations.

The group of insurers may have to increase assets held to back payouts by $4 billion.

New claim functionality designed to provide a fraud score and help insurers reduce fraud costs.

The U.S. House of Representatives overwhelmingly approved the bipartisan insurance agent licensing reform bill, also known as the National Association of Registered Agents and Brokers Reform Act of 2013 (NARAB II), by a 397-6 vote.

Modeling firm looks to a more comprehensive use of exposure data and analytics in an attempt to improve workflows.

The eighth tropical storm of the season could become its first hurricane by Wednesday; if it doesn’t, it will be the first time the industry hasn’t seen a hurricane hit land by mid-September.