Latest Data Driven Headlines

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

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...

Insurance Data Management Association Joins ACORD

Aug 23 2000 // ACORD and the Insurance Data Management Association have exchanged memberships according to ACORD President and CEO Gregory A. Maciag. This alignment of memberships furthers ACORD’s commitment to collaborate with...

e-Attorney, AI Insurance Offer Online Coverage

Aug 17 2000 // AI Insurance Group and eAttorney have partnered to offer tailor-made professional insurance solutions to the legal community through www.eAttorney.com, a legal Application Service Provider and destination site. AI...

Data Mining vs. PrivacyTrolling for new business leads has been the bane of insurance agents fo

Jun 12 2000 // Trolling for new business leads has been the bane of insurance agents for decades. Electronic data mining has eased the pain, but there are many gray areas as the call for consumer privacy grows louder.It was a bet with a...