Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
How Brokers Use Big Data
Oct 20 2014 // ‘Data enables us to be customer-centric, enhancing the customer experience by personalizing every touch point specific to that customer. We are able to discern behavior patterns, build behavioral models based on...
Duperreault, Reardon and Deutsch Lead Hamilton Re into the ‘Data Analytics’ Future
Sep 22 2014 // If you’re going to successfully operate a relatively new reinsurance company in these troubled times, you better know what you’re doing. Fortunately Bermuda-based Hamilton Re would seem to pass muster. Firstly,...
Reinsurance Rendez-Vous: Data Tools Help Identify Risks
Sep 18 2014 // Insurance companies are increasingly turning to “big data” from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles, according to reinsurers...
Liberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program
Jun 18 2014 // Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an...
Patent Risk, Insurance Firm RPX Eyes Supplier of Patent Owner Data
Jun 11 2014 // Patent risk management company RPX Corp. is in advanced talks to acquire litigation data provider PatentFreedom, three sources familiar with the deal said, a move that highlights the growing importance of services for...
West Virginia Takes Down All Business Files After Insurance Agent’s Data Disclosed
Jun 4 2014 // Secretary of State Natalie Tennant’s office has removed all business filings from its website after one displayed an individual’s Social Security number. Tennant told WCHS-TV that the image displaying the...
How Technology Is Revolutionizing Insurance Distribution: Swiss Re
May 15 2014 // Technology is changing the way insurers and consumers interact and giving insurers access to considerable data so they can better understand their customers, says Swiss Re in its latest sigma study. The study concludes...
There’s Devils in Big Data, but Help is Available from Inhance
May 12 2014 // Computer technology has revolutionized the collection and use of massive amounts of data, and yet, somewhat ironically, it’s frequently harder to find what one actually needs. Aphorisms abound – “big...
Hahn to Lead Predictive Analytics at Zurich North America
May 2 2014 // Property and casualty insurance provider Zurich North America, based in Schaumburg, Ill., appointed Peter Hahn as head of predictive analytics. Hahn comes to Zurich from McKinsey & Company Inc., where he led the...
Texas Issues Special Data Call for Commercial Property Insurance Coverage
Mar 24 2014 // The Texas Department of Insurance is issuing a special catastrophe areas data call to property/casualty insurers who write direct commercial property and businessowners insurance in Texas. Information collected under this...
Predicting Crime with Big Data Without Breaking the Bank
Feb 20 2014 // Researchers at Rutgers’ School of Criminal Justice have developed commercial technology that public safety practitioners and researchers worldwide are using to fight crime. Leslie Kennedy and Joel Caplan of Rutgers...
What Consumer Credit Data Reveals About Auto Insurance Shoppers
Feb 10 2014 // Customers with lower credit-based insurance scores shop most frequently while consumers with the highest insurance scores are less likely than the general population to shop for new auto insurance. Also, according to the...
Wisconsin Health Insurer Missing Hard Drive with Customer Data
Feb 2 2014 // Wisconsin’s Unity health insurance says a portable hard drive containing health information for about 41,000 people has been missing for seven weeks. The insurance company said it was offering identity theft...
What Consumer Credit Data Reveals About Auto Insurance Shoppers
Jan 29 2014 // Customers with lower credit-based insurance scores shop most frequently while consumers with the highest insurance scores are less likely than the general population to shop for new auto insurance. Also, according to the...
Stolen Laptop Contained Data on S.C. Health Insurance Pool Members
Dec 31 2013 // A laptop stolen from an auditor’s car contained the personal information of more than 3,400 members of the South Carolina Health Insurance Pool, an attorney hired by the pool told The Associated Press on Monday. The...
Insurance Questions, Lawsuits Arise in Wake of Target’s Data Breach
Dec 22 2013 // U.S. retail giant Target Corp. is busy dealing with the aftermath of the massive data breach that exposed account details of some 40 million credit and debit cards. Already, at least two lawsuits seeking class-action...
Google’s Schmidt: Insurance About to ‘Explode’ With Uses for Big Data
Nov 25 2013 // Google Inc. Executive Chairman Eric Schmidt said new technologies that help companies analyze vast amounts of digital information have the power to bring change to the insurance, health-care and energy...
Louisiana Insurance Companies Stonewall on Enrollee Data
Oct 28 2013 // The three main companies offering health insurance plans to Louisiana residents on the federally run online health marketplace have refused to say how many people have been able to sign up for coverage. The marketplace...
Insurers Worried About Data From Federal Health Exchange
Oct 8 2013 // Insurers are getting faulty and incomplete data from the new U.S.-run health exchange, which may mean some Americans won’t be covered even after they sign up for an insurance plan. While it’s not clear how...
N.J. Regulators Requesting Updated Sandy Claims Data From Insurers
Oct 4 2013 // The New Jersey Department of Banking and Insurance recently announced a new data call request to the insurance industry to evaluate Superstorm Sandy-related claims and monitor market conditions for property/casualty...
