Security risk

North American insurers ranked product pricing (51 percent versus 39 percent in 2010), risk strategy (48 percent versus 38 percent in 2010) and reinsurance strategy (44 percent versus 34 percent in 2010) as the areas of their business most impacted by their evolving enterprise risk management (ERM) programs, according to a new Towers Watson survey.

A new report highlights a wave of mobile-focused techniques spreading among hackers.

Regulatory change management solution for insurers now designed to deliver daily updates with a variety of reports and analysis.

The Committee urges the Federal Insurance Office to submit its long overdue reports, including those on the insurance industry in general and recommendations to modernize and improve the U.S. regulation.

Trade agreements could enhance regulatory cooperation and efficiency, promote competition, and prevent regulatory gaps and overlaps.

NILS INsource and NILS INcompass products designed to help monitor, implement regulatory changes.

Legal Solutions Suite purchased in an attempt to simplify billing and expense tracking, monitor outside counsel performance.

California leads states in QCs; suspicious loss of jewelry increased 86 percent.

Insurers can expect winter storm loss damages to return to normal after this weekend.

Analysis from HealthPocket Inc., a health insurance information site for consumers, shows that health insurers have some work to do in the areas of out-of-pocket expenses and transparency. The analysis indicates that 38 percent of plans did not disclose their deductible within its annual out-of-pocket limits, concealing the full amount a person could pay if the “Summary of Benefits” was not read carefully. Once these deductibles are factored in, many plans are not compliant with the Affordable Care Act (ACA).

Recent survey reveals cyber risks to be the biggest business concern; insurer develops mobile app in response.

Survey of life insurance CFOs finds few satisfied with speed, reliability; run-time requirements are highest priority.

iWorks Prophet purchased in an effort to centralize and standardize actuarial practices across business lines.

Insurer plans to use eRiskHub's cyber risk resource portal to evaluate data security risks.

PCI lists 21 states discussing legislation that would allow drivers to use electronic insurance IDs on smart devices.

One of the largest insurance agencies in Wisconsin grows with the acquisition of Burkart-Heisdorf.

Insurer working with Command Investigations, which will provide SIU, anti-fraud services and investigative services.

Novarica survey identifies longer-term threats and opportunities for both P&C and life/annuity insurers.

New flood maps and building codes are expected in less than two years.

Head of the agriculture unit at Munich Re cites drought as the biggest cause of losses in 2012.