Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
Chubb Launches Insurance Product for Health Care Fraud, Data Breaches
Aug 28 2012 // The Chubb Group of Insurance Cos. has introduced insurance coverage to help small to mid-size health care organizations manage some of their biggest exposures. ForeFront Portfolio 3.0 for Health Care Organizations offers...
Auto Insurers’ Use of Credit Data
Aug 6 2012 // There is an effort now underway in Washington, D.C., to eliminate the use of consumer credit information by auto insurance companies. Three lawmakers are leading that effort in Congress. On July 13, Reps. Hansen Clarke...
Cincinatti Insurance Co., IDentity Theft 911 to Offer Data Breach Services to Insureds
Aug 1 2012 // IDentity Theft 911, an identity management and data risk management service company, is partnering with The Cincinnati Insurance Company to bring data risk solutions to Cincinnati’s commercial insurance...
CarFax Says Patent for Vehicle History Data Use in Insurance Approved
Jul 24 2012 // Carfax Inc. reported that federal officials have approved its patent applications for its auto insurance underwriting and rating system based on vehicle history attributes. CarFax said it expects the patents to be issued...
New York’s Top Regulator Seeks Insurer Data in 9/11 Case
Jul 23 2012 // New York’s top insurance regulator has directed insurers this month to detail payouts and reserves for claims in the 2001 World Trade Center attacks in an effort to prompt settlement of the decade-old federal...
N.Y. Regulator Seeks Insurer Data in 9/11 Case
Jul 5 2012 // New York’s top insurance regulator has directed insurers to detail payouts and reserves for claims in the 2001 World Trade Center attacks in an effort to prompt settlement of the decade-old federal case. Benjamin...
Mass. Regulator Seeks Insurers’ Executive Pay Data
Jul 2 2012 // Late last month, the Massachusetts Division of Insurance said it began an examination of executive compensation at insurers domiciled in the state. The regulators said they have sent letters to 88 insurers requesting...
Mass. Seeks Executive Pay Data From Insurers Domiciled in State
Jun 28 2012 // The Massachusetts Division of Insurance is undertaking a detailed examination of executive compensation at insurance carriers domiciled in the state.Commissioner Murphy said his agency initiated the review to gather more...
P/C Insurers, Brokers Added More Jobs, Data Shows
Jun 18 2012 // In early June, the U.S. Labor Department’s Bureau of Labor Statistics released detailed employment statistics for the month of April. The data shows that P/C insurers added 800 jobs in April, for the total of 526,300...
Data Shows Iran Petro-Chemical Exports Plunge Due to EU Insurance Sanctions
May 17 2012 // Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in Iran, cannot find insurance to transport the cargo due to EU sanctions, according to traders and...
Texas Company Develops Up-to-Date Property Data for Insurers
Mar 5 2012 // In many ways, insurance is a battle for information. From marketing to underwriting to claims, the ability to know as much as possible about a potential insured, especially for property risks, is vital. With that in mind,...
Insurance Employment Grew by 5,300 Jobs, Latest Data Show
Feb 20 2012 // The insurance industry had 5,300 net job gains in December 2011 compared to November 2011, according to the latest industry-specific data published by the federal government this month. The U.S. Labor Department’s...
EMC Insurance Rolls Out Data Compromise Product
Feb 7 2012 // EMC Insurance Companies launched a new data compromise and identity recovery product at the start of February. The organization touts this as one of only a few products that offers this kind of coverage. The product was...
P/C Insurers Added No Jobs, Agencies Added 1500, Latest Data Show
Jan 23 2012 // Earlier this month, the U.S. Labor Department published its November 2011 data on detailed insurance industry employment figures. These latest figures show that in November, employment at insurance carriers rose overall,...
P/C Insurers Lost 900 Jobs in October, Labor Department Data Shows
Dec 7 2011 // Property/casualty insurers lost 900 jobs overall in October, according to latest government data. But insurers in other segments did better. Life insurer employment was up by 1,400. Employment at medical expense insurers...
Predictive Analytics Being Used to Manage Agencies, Curb Fraud
Nov 7 2011 // Earlier this year, experts at WallStreet & Technology (wallstreetandtech.com) identified predictive analytics and cloud computing as two of six hot technologies that will transform the insurance industry in 2011 and...
Nebraska Insurance Director Needs More Data on Exchange Cost
Oct 17 2011 // Nebraska insurance officials can’t decide whether to recommend a state-based health insurance exchange or follow a proposed federal model until they know how much the national plan will cost, Nebraska Department of...
Predictive Analytics Being Used to Manage Agencies, Curb Fraud
Oct 17 2011 // Earlier this year, experts at WallStreet & Technology (wallstreetandtech.com) identified predictive analytics and cloud computing as two of six hot technologies that will transform the insurance industry in 2011 and...
How Hospitals Benefit from Data-Rich Malpractice Insurers
Oct 14 2011 // Hospitals and hospital groups should seek clarity from their malpractice insurers on the loading applied to premiums to account for claims inflation, according to Lloyd’s insurer Beazley. Specialist insurer Beazley...
Sony Insurer, Zurich, Files Suit to Deny Data Breach Coverage
Aug 1 2011 // One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this...
