Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
U.S. Treasury Seeks Terrorism Data from Insurers
Mar 4 2016 // The U.S. Department of the Treasury’s Federal Insurance Office (FIO) is requesting that insurers voluntarily submit insurance data regarding their participation in the Terrorism Risk Insurance Program (TRIP). The...
P/C Insurers Expanding Use of Predictive Models, Big Data Across Functions
Mar 3 2016 // Over the next two years, many property/casualty insurers expect to advance their use of predictive analytics to both improve business performance and leverage big data, according to Willis Towers Watson, which adds that...
Supreme Court Blocks States from Collecting Self-Insurers’ Health Cost Data
Mar 1 2016 // The U.S. Supreme Court on Tuesday ruled that Vermont cannot compel health insurers to hand over data on the amount paid on medical claims, backing Liberty Mutual Insurance Co.’s contention that federal law prohibited...
Texas to Insurers: 2015 Policy Count Data Due March 1
Feb 17 2016 // The date for licensed insurance carriers, surplus lines companies and health maintenance organizations to submit policy count data for 2015 is approaching. Texas Department of Insurance is required by the state insurance...
IDT911 Enhances Data Breach Services for Commercial Insureds
Feb 16 2016 // IDT911 has enhanced its DataRiskStages data breach mitigation and remediation service for insurance companies and their commercial policyholders. The DataRiskStages platform has been enriched with three new features:...
Data Conversion Startup Captricity Gets White Mountain Insurance Backing
Feb 3 2016 // Captricity Inc., an Oakland, Calif.-based startup that gives businesses in regulated industries easy access to customer data trapped in handwritten forms, has raised $35 million in a Series C round of financing led by...
Artificial Intelligence to Help Reduce Insurance Risks: Baidu President
Jan 21 2016 // It was hard to tell whether hope or fear was the predominant sentiment about the future of artificial intelligence, according to a panel discussing the state of the field at the World Economic Forum in Davos, Switzerland,...
Illinois Department of Insurance Reports ‘Inadvertent Data Release’
Nov 15 2015 // The Illinois Department of Insurance (DOI) reported that it mistakenly allowed the Social Security numbers of some health care providers to be posted publicly. The DOI said it learned on Nov. 9 of an inadvertent data...
Data Call Deadline Approaching for Property Insurers in Georgia
Oct 21 2015 // Personal and commercial property insurers in the State of Georgia have until Oct. 30 to respond to a Data Call from the Georgia Insurance Department. The bulletin for the data call, issued in August, states the information...
Lloyd’s Report Aims to Reduce Dangerous Liability Risk Accumulation
Oct 16 2015 // Lloyd’s has issued a new report, addressing the “accumulations of liability risk,” which indicates that they “have the potential to send shockwaves through the insurance industry and are one of the...
South Carolina Issues Data Call for Insurers Dealing with Storm Claims
Oct 14 2015 // The South Carolina Department of Insurance (SCDOI) has issued a catastrophe claims data call relating to the flood event that hit the state beginning Oct. 1 and its aftermath. In accordance with South Carolina Code of Laws...
New York Health Insurer’s Data Breach Puts 10M Records at Risk
Sep 21 2015 // Upstate New York health insurer Excellus BlueCross BlueShield said on Sept. 10 that its computer systems and those at affiliates had been breached, exposing data from more than 10 million members, in the latest case to...
New York Health Insurer’s Data Breach Puts 10M Records at Risk
Sep 11 2015 // Upstate New York health insurer Excellus BlueCross BlueShield on Wednesday said its computer systems and those at affiliates had been breached, exposing data from more than 10 million members, in the latest case to show...
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...
