Security risk

UBI and insurance telematics are touted for their ability to save premium dollars, but wider adoption could also save lives and slow global climate change.

Cash deal worth $175 million to help MphasiS make gains in U.S. mortgage market.

Celent report profiles 13 vendors and offers insights in terms of data sources, service and delivery options.

Insurers will pay a fee of 3.5 percent of their premiums to sell plans in a federally run health exchange, the government said today in a regulatory filing. The exchanges are new marketplaces somewhat like online travel services where uninsured people will buy policies.

The New York Insurance Association says New York Governor Andrew Cuomo’s mandate to speed the payment of the more than 330,000 claims filed by New Yorkers related to Superstorm Sandy are unnecessary.

The NAIC president comments as House Financial Services subcommittees explore the impact of new standards on the insurance industry.

MetLife Inc. has added the Multi-Index Targeted Risk Portfolio to the MetLife Protected Growth Strategies lineup, available through its variable annuities with the GMIB Max and EDB Max optional benefit riders.

Predictions from Gartner outline a sprawling enterprise technology infrastructure that includes more SaaS, BYOD and outsourcing.

Estimate only includes aid provided so far and could rise in the coming weeks.

Previously holding the same position for Unum Group, Michael Temple will take over as risk officer by the end of the year.

Catastrophe modeling solution designed to help Navigators assess losses on a variety of levels, from portfolios to individual locations.

The vote stops any possible legislation on cybersecurity from being passed this year.

Consulting services are designed to allow clients to maximize the value of their catastrophe modeling investment.

Tuesday’s election has signaled the beginning of several possible changes to the P&C industry, including new faces in oversight committees and an expanding role for the Federal Insurance Office.

Hospitals, physician practices and health insurers breathed a sigh of relief on Election Night as President Barak Obama’s re-election signaled that his administration’s signature legislation—the health reform law—will remain the law of the land and provide some financial clarity for health care stakeholders.

Reluctant insurers must press forward accordingly as they now have nine days to advise the federal government how they plan to manage state-run exchanges.

The property/casualty industry has historically been regulated at the state level, but insurers have a lot on the line in the Presidential election next week.

Analysts rank “pricing strategy” and “quality of service” as the industry’s top value drivers over the next three years, named by 95 percent and 94 percent of the respondents, respectively, ahead of “data analysis capabilities” (86 percent).

Insurers headed into the year set to face some of the industry's biggest challenges, most have overcome the obstacles, but not all.

Project managers need to remember that moving to a paperless environment is about changing how people work, how they rely on information and how they access it.