By William Nibbelin, Senior Research Actuary, Triple-I According to a new study by the Insurance Research Council (IRC), the rate filing process for personal auto insurance has become more inefficient and ineffective, taking longer to achieve rate approval with higher occurrence of approved rate impact lower than filed rate impact and a larger disparity between … Read more
The Environmental Protection Agency’s (EPAs) Office of Inspector General (OIG) on Nov. 13 reported that 97 drinking water systems serving about 26.6 million Americans around the country have either “critical or high-risk” cybersecurity vulnerabilities. While attempting to notify the EPA about the cybersecurity vulnerabilities, the OIG found that the EPA does not have an incident … Read more
In 2020, 11:11 CEO Brett Diamond noticed a gap in the market. Virtually every company relied on cloud, connectivity, and security solutions, but no technology organization provided all three. Diamond founded 11:11 Systems to meet that need – and 11:11 hasn’t stopped growing since. Leaders across every industry depend on its resilient cloud platform operated … Read more
Today’s cloud-based policy administration systems (PAS) are designed to enable both P&C and Life insurers to manage policies through their entire lifecycle and are the foundation of carriers’ digital strategies. These types of platforms are a boon to carriers looking for ways to enhance their customer relationships and develop more effective offerings but many carriers … Read more
Oct 08, 2024Ravie LakshmananCyber Attack / Malware A little-known threat actor tracked as GoldenJackal has been linked to a series of cyber attacks targeting embassies and governmental organizations with an aim to infiltrate air-gapped systems using two disparate bespoke toolsets. Victims included a South Asian embassy in Belarus and a European Union government (E.U.) organization, … Read more
