Latest Data Driven Headlines

All the headlines from our Data Driven Topic Page, ordered by recency.

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 is...

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...

Sony Insurer, Zurich, Files Suit to Deny Data Breach Coverage

Jul 21 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 year.The...

Sony’s Insurers to Help Foot Bill for Data Breach

May 6 2011 // Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money.“We have a...

Sony Calls on Insurers to Help Pay for Data Breach

May 6 2011 // Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money.“We have a...

XL Insurance Creates Electronic Data Destruction Coverage for E-Waste Recycling

Apr 5 2011 // XL Insurance, the global insurance operations of XL Group plc, has unveiled a new Electronic Data Destruction coverage enhancement developed exclusively for e-waste recyclers.“In the US alone, an estimated 400...

MMIC, Beazley Partner to Offer Data Privacy Insurance

Feb 22 2011 // MMIC Insurance, Inc. has launched data privacy insurance coverage for the healthcare community and has partnered with Beazley Group, Ltd. to offer the coverage.Beazley has developed Beazley Breach Response and tailored it...

Vermont Settles Data Breach Case with Insurer for $55K

Jan 20 2011 // The Vermont Attorney General’s office says a Connecticut-based health insurance company is ready to pay $55,000 to settle a complaint that it didn’t inform customers that personal information had been lost...

Europe’s PERILS Data used in over $1 Billion Worth of Insurance Placements

Dec 16 2010 // PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, announced that total placements of insurance risk transactions based on the PERILS industry loss index to date in...

ISO Developing Data on Driver Behavior for Use by Insurers

Sep 23 2010 // ISO’s Applied Informatix unit is developing a data source for insurers that want to develop state-of-the-art underwriting and rating plans involving driving behavior or use analytics to differentiate their driving...

Insurers Probed Over Major League Baseball Teams’ Financial Data Leak

Sep 20 2010 // The New York Times reported that a Major League Baseball investigation into leaked financial documents is focused on insurance companies that do business with clubs. The Times reported the companies under investigation...

Connecticut Insurance Regulators Requiring Data Breach Notification

Aug 27 2010 // Five days. That’s how quickly agents and insurers must now notify Connecticut insurance regulators about a possible leak of clients’ personal information. The new bulletin, released earlier this month, follows...

Report: Insurers Probed Over Baseball Teams’ Financial Data Leak

Aug 26 2010 // The New York Times has reported that a Major League Baseball investigation into leaked financial documents is focused on insurance companies that do business with clubs. The Times reported the companies under investigation...

Florida Solicits Sinkhole Data from Insurers

Aug 25 2010 // Florida’s Office of Insurance Regulation issued a data call yesterday to the commercial and residential property insurance industry in Florida to collect claims data related to sinkholes. During the 2010 Legislative...

Health Insurer to Pay Connecticut $250K for Data Breach

Jul 8 2010 // A California-based health insurance company has agreed to pay Connecticut $250,000 for losing a disk drive containing private information of 1.5 million customers, including nearly 450,000 state residents.Attorney General...

Arrowhead General Insurance Agency Wins ACORD Award For Real Time Agency Data Upload

Jun 3 2010 // San Diego, CA, 06/03/2010 – ARROWHEAD General Insurance Agency, Inc., a leading provider of top rated insurance programs, is pleased to announce it was a recipient of an Early Adopter ACORD Award. Presenting the...

Oklahoma Raises $65M Selling Data; Customers Include Insurance Cos.

Apr 6 2010 // The state of Oklahoma has collected at least $65 million in the past five years by selling personal information from motor vehicle records, according to newspaper reports.Wellon Poe, the chief legal counsel for the...

Florida CFO Sink Wants Data on Troubled Property Insurers

Mar 22 2010 // Florida insurance regulators have notified a Jacksonville-based insurer that it has until the end of the month to comply with solvency requirements to avoid suspension or losing its license.The warning to Southern Oak...

Ohio Officials, Insurers Look to Protect Policyholder Data

Sep 23 2009 // Starting Nov. 2, 2009, Ohio regulators and all insurance companies that do business in the state will begin new procedures designed to protect policyholders’ personal information. Insurance companies will be required...