Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
Al RiskSM Unveils Special Events Liability Insurance with AD&D Coverage
Feb 14 2006 // The AI RiskSM Specialist Insurance Inc., a member company of American International Group, Inc. (AIG), has introduced a Special Events Liability Insurance Program that provides both general liability and accidental death...
AIR Worldwide: Significant Quality Issues with Insurers’ Exposure Data
Nov 14 2005 // A recent analysis of insurers’ exposure data by AIR Worldwide Corporation (AIR) determined that the quality and completeness of most insurers’ commercial policy data is insufficient for a detailed and accurate...
Best Upgrades Public Data Rating for Liberty Mutual Insurance Europe
Nov 2 2005 // A.M. Best Co. has upgraded the public data rating to A- (Excellent) from B+ (Very Good) of Liberty Mutual Insurance Europe Limited (LMIEL) (United Kingdom). Public data (pd) ratings reflect a quantitative analysis of a...
AI Risk Introduces Admitted Architects & Engineers Policy
Oct 26 2005 // The AI Risk division of Risk Specialists Companies Inc., a member company of American International Group Inc., has introduced an Architects & Engineers Professional Liability Insurance on an admitted basis. Brokers...
Insurers Dispute Study of Ill. Courthouse Med-Mal Data
May 22 2005 // Court statistics were improperly used in a study released last week that concluded the Illinois tort system is not the cause of medical malpractice premium increases, according to the American Insurance...
Al Risk Updates ProgramConnect
Dec 16 2004 // The AI Risk division of Risk Specialists Companies Inc., a member company of American International Group Inc. (AIG), announced the expansion of AI Risk ProgramConnect (ProgramConnect), an online specialty lines quote and...
Insurers Mount Legal Challenge to Multi-state Credit Scoring Study; Ask States to Withdraw Data Call
Jun 23 2004 // Two national insurance company trade organizations have expressed legal concerns about the recently initiated multi-state study on credit-based insurance scores and have asked regulators in eight states to withdraw their...
ri3k Launches LifeRIC Reinsurance Data Hub
May 24 2004 // The U.K.’s ri3k announced the launch of the first electronic data hub for the North American life reinsurance industry, LifeRIC Inc., which is 100 percent owned by the London-based infrastructure builder and data...
2 MICH. AUTO INSURERS FACE PENALTIES FOR LATE DATA:
Apr 19 2004 // Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda Watters said that two insurance companies that failed to submit information requested through an auto insurance data call by March 15 now face...
Mich. Auto Insurers Failing to File Data Face Penalties
Apr 5 2004 // Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda Watters said that two insurance companies that failed to submit information requested through an auto insurance data call by March 15, 2004 now...
Castle Data Services Provides Allied Insurance Company with Online Residential Replacement Cost Estimator
Feb 11 2004 // Castle Data Services has signed an agreement with Allied Insurance, a Nationwide Company, to provide them with replacement cost data through the use of Castle’s online replacement cost estimator. A client since 1995,...
Mich. Insurers Respond to Homeowners Data Call
Jan 28 2004 // The more than 100 homeowners insurance carriers that operate in Michigan are already gathering rating information recently requested by the governor and the Michigan Office of Financial Insurance Services (OFIS)...
ISO to Provide Kentucky Employers Mutual Insurance Data-Reporting Services for Workers’ Comp
Nov 12 2003 // Insurance Services Office, Inc. (ISO) has entered into an outsourcing agreement with Kentucky Employers Mutual Insurance (KEMI) to collect the insurer’s workers’ compensation data. ISO will collect KEMI’s...
Insurers Offer Regulators Ideas on How to Maximize Data for Market Conduct Exam Process
Jun 6 2002 // In an effort to make the market conduct exam process more efficient, the P/C insurance industry has submitted a draft outline for a “Guide to Market Conduct Analysis” to the National Association of Insurance...
Calif. Assembly Insurance Committee Kills Data Collection Legislation
Jul 16 2001 // Following intense opposition by the insurance industry, the American Insurance Association (AIA) reported that the California Assembly Insurance Committee defeated legislation that would have disclosed insurers’...
Artificial Intelligence Technology Transforms Software Solutions
Apr 2 2001 // For many people not directly involved in the development of software for the insurance industry, any discussion of new technology can rapidly swell into a serious information overload. Compounding this problem is the...
Artificial Intelligence Technology Transforms Software Solutions
Mar 26 2001 // For many people not directly involved in the development of software for the insurance industry, any discussion of new technology can rapidly swell into a serious information overload. Compounding this problem is the...
INSURERS CITE DATA LIMITS
Feb 5 2001 // Four insurance trade associations have said they cannot supply data to federal safety regulators that will indicate whether certain passenger vehicles pose a potential danger to consumers. In a joint statement filed with...
Insurers Cite Data Limits on Vehicle Defects
Jan 26 2001 // Four insurance trade associations have said they cannot supply data to federal safety regulators that will indicate whether certain passenger vehicles pose a potential danger to consumers. In a joint statement filed last...
Effective Data Management Remains Elusive for Insurers, Conning Study Says
Nov 10 2000 // The ability of insurers to transform their raw data into knowledge is critical to their survival yet, despite this imperative, many data warehousing efforts have been postponed; others still have failed, according to a...
