Security risk

Sentry Insight is designed to help companies and brokers manage, track and analyze claims.

Insurer looks to e-Discovery software suite to advance its legal, IT infrastructure.

Newly formed Global Federation of Insurance Associations will comment on issues affecting the global insurance industry and its regulation.

Digital signatures brought to the cloud in support of E.U. eSignature laws.

Potential voluntary federal guidelines foretell a future that may require keeping a close eye on the balance between collaboration and control.

The global financial crisis and subsequent economic developments have brought to light critical weaknesses in existing hedge programs.

Based on a review of 35 major health plan websites, most issuers are still struggling to provide the Summary of Benefits and Coverage (SBC), even while the SBC provision of the Patient Protection and Affordable Care Act (PPACA) law took effect last week, according to Tyrula LLC. The law requires insurers to provide a paper SBC document within seven days of application, renewal, or the first day of coverage.

Claims processing remained the top compliance issue for P&C insurers, followed by rating factors and the cancelation of policies. In terms of life and health insurers, problems with claims processing stole the top spot away from compliant policy forms, which was reported last year as the biggest compliance issue. Failure to pay claims properly in accordance with policy provisions was only fifth on that list for life and health insurers.

With 2015 deadlines approaching, the NAIC recently conducted a pilot program with 13 insurers and shared some guidelines and best practices.

Many major insurers use non-driving factors, such as education, occupation and lack of previous insurance in setting prices, and a majority of Americans think that’s unfair, according to results of a Consumer Federation of America (CFA) survey.

New report laments the inability of companies to encrypt, control and secure information stored on employee-owned devices.

From NAMIC, Pete Dailey of AIR Worldwide explains what scientists know about climate change and helps insurers address the uncertainty about what climate change could bring.

In a new CFO survey from Towers Watson, P&C CFOs discuss which portfolio objectives are being satisfied and why they’re expecting slightly more aggressive investment strategies.

Examples of insurance data breaches point to just how common they are, and what usually causes them—internal abuse and mistakes.

Esurance has expanded its usage-based insurance program and now offers both UBI and traditional auto insurance in Arkansas. Esurance is backed by Allstate, the largest publicly held personal lines insurer in the United States.

InsureRight 2.0 partially designed to improve workers’ compensation loss ratios through risk-based pricing.

More than half of insurers surveyed now use anti-fraud technology solutions, according to “The State of Insurance Fraud Technology: A study of insurer use, strategies and plans for anti-fraud technology,” from the Coalition Against Insurance Fraud and SAS. However the study found that while the majority of respondents (79 percent) said that special investigations units are the sponsors of anti-fraud projects, other departments typically control the project budgets, which could slow the implementation of the technologies, the study said.

As the technology has matured, so have the marketing messages supporting it.

Martz will be responsible for planning, reporting and internal control functions and general corporate finance activities.

hCentive Inc., a post-Patient Protection and Affordable Care Act health care exchange technology company, has upgraded its platform for integrating private health plans with PPACA-mandated state health insurance exchanges: WebInsure Exchange Manager. The enhancements will assure health insurers of the performance, reliability and market needs of their plans within state exchanges, the company says.