Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
Florida Insurance Chief Calls on NFIP to Hand Over Its Data
Aug 20 2015 // In his ongoing efforts to foster a competitive private flood insurance market in Florida, state Sen. Jeff Brandes, R-St. Petersburg, recently requested help from the state’s Office of Insurance Regulation to obtain...
Firms Interested in Driver Data Collected by Auto Insurers
Jul 24 2015 // The restaurants and doughnut shops that consumers pass on their commute would love to predict when they’ll be driving by. Their auto insurer may already know, and could be looking for a way to profit from that...
Generali Acquires MyDrive Solutions, a UK Data Analysis Firm
Jul 24 2015 // Trieste-based Generali Group announced that it has acquired MyDrive Solutions, a UK company that uses data analytics tools to profile driving behavior. MyDrive Solutions, which was founded in 2010, specializes in...
The Age of Big Data and Agencies – Not
Jul 6 2015 // This is the age of big data. The concept is to collect all kinds of data and then use various statistical techniques, usually some sophisticated form of regression analysis, to identify correlations between the data,...
Health Insurer CareFirst Says Cyberattack Stole Data of 1.1M Users
May 21 2015 // CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former...
Cyber, Talent, Data Among Game Changers for Insurers
May 18 2015 // Protecting clients against growing and poorly understood risks associated with information technology system failures is a leading concern of the insurance industry today, according to a group of prominent underwriters and...
RIMS Report: Insurance Gamechangers Include Cyber, Talent, Data
May 1 2015 // Protecting clients against growing and poorly understood risks associated with information technology system failures is a leading concern of the insurance industry today, a group of underwriters and brokers told risk...
AXA Strategic Ventures Invests in ‘Big Data’ Startup Company, Evercontact
Apr 9 2015 // AXA Strategic Ventures* has made a $1 million investment in the French tech startup company Evercontact, a cloud service that extracts contact information in emails and shares and updates them automatically. With more than...
IBM’s ‘Internet of Things’ Unit to Offer Insurers Online Data Service, Analysis
Apr 3 2015 // IBM is investing $3 billion to build an “Internet of Things” division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it to help...
It’s Time for Open Data in Insurance
Apr 2 2015 // The National Association of Police Organizations is a non-profit group that represents and serves police officers, police unions and local police associations. The National Association of Insurance Commissioners is a...
UK Regulator to Review Insurers’ Use of Big Data and Dark Pool Risks
Mar 24 2015 // Conflicts of interest in dark pools and how insurers use big data are two of the main areas the U.K. Financial Conduct Authority will look into over the next year, the regulator said in its annual business plan. The FCA...
Insurance Department: 1-in-3 Missourians Impacted by Anthem Data Breach
Feb 24 2015 // The Missouri Department of Insurance reported it received new information from Anthem that shows one-in-three Missourians’ personal information was compromised during a recent cyberattack on the health insurer. More...
Use of Data and Analytics in Workers’ Compensation
Feb 12 2015 // In the workers’ compensation space, not only have claim costs increased because of medical issues, but the landscape has also become much more complex. Along with the elevated incidence of fraud, economic fears, and...
States Begin Investigating Insurer Anthem’s Data Breach
Feb 6 2015 // Several U.S. states are investigating a massive cyber attack on No. 2 U.S. health insurer Anthem Inc that a person familiar with the matter said is being examined for possible ties to China. Anthem disclosed the attack...
Construction Insurance Trends to Watch in 2015
Jan 21 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
Construction Coverage: Emerging Trends for 2015
Jan 12 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
CoreLogic: Taking Big Data Analytics to New Customers and Consumers
Dec 2 2014 // Imagine an insured taking a photo of a property that gives underwriters every bit of information they need to assess the risk. CoreLogic is working to make that happen sooner rather than later. CoreLogic, a provider of...
Global Car Insurers Offer Discounts – If They Can Monitor Driving Data
Dec 2 2014 // Insurance companies around the world are promising lower rates on car coverage. The catch is they want to install the equivalent of an airplane’s black box to track how and where you drive. Smartphone applications...
Big Data: It Isn’t Just for Carriers
Nov 5 2014 // This is the era of big data and while it’s no surprise that insurance carriers are big players, the fact is that agents and brokers of all sizes also have a growing stake in big data. While the insurance industry has...
Big Data: It Isn’t Just for Carriers
Oct 20 2014 // This is the era of big data and while it’s no surprise that insurance carriers are big players, the fact is that agents and brokers of all sizes also have a growing stake in big data. While the insurance industry has...
