Digital Platforms

The 35.3-percent increase in the industry’s nine-month pretax operating income reflects the improvement in underwriting results across all segments, according to A.M. Best.

U.S. life insurers are poised to outperform in the debt market next year as they invest premiums at higher interest rates, according to CreditSights.

Nearly all classes and regions declined, attributable to abundant capital, strong balance sheets and low CAT losses, Guy Carpenter said.

Profiling tools can quickly process and analyze large data sets and automatically produce a baseline profile, thus replacing the need to run manual queries.

On Dec. 23 alone, the healthcare.gov website supported as many as 83,000 users at the same time.

As the federal health-insurance exchange finds its footing, some state-run exchanges now are struggling with technology delays and low sign-up levels.

The extension was announced as healthcare.gov yesterday experienced a single-day record number of visits and consumers were moved into a queuing system deployed when the website approaches 50,000 simultaneous users.

Retirement Income Clearing Calculator to provide for choice, portability of guaranteed retirement income options.

The mortgage insurer selected InsuranceSuite as its platform for underwriting, rating and policy administration, claims management and billing.

The acquisition results in the establishment of Hamilton Re, which will put heavy emphasis on data analytics, research and fully integrated technology.

Growth in premium and drop in losses results in an improved combined ratio of 95.8 percent for nine-months 2013 from 100.7 percent for nine-months 2012.

Kaiser Permanente will allow late payment for exchange plans but isn’t changing other policies in response to the government’s request, and WellPoint says its continuity-of-care policies will allow customers “to continue receiving care from an out-of-network provider for a specified period of time.”

Solutions selected to help insurer meet growth, audience expansion objectives.

P&C Insurers Look to Data and Analytics for Growth in 2014

The insurer is seeking to appeal to parents with technology that can disable their children’s mobile phones when they are behind the wheel and provide warnings when they drive too fast.

Telematics, predictive modeling, leadership and security all were among topics of interest in 2013.

Freestone Selects PCIS Platform

Verint Provides Workforce Optimization Solutions

State-Run HIX: Enrollment Up To 40% Higher Week-Over-Week

ACA Premium Deadline Extended 10 days by Insurers

The benefits of fact-based decision-making are clear to business managers in a broad range of disciplines, according to Gartner.

Despite tornadoes in the United States, flooding and hail in Europe and Typhoon Haiyan, in terms of insured losses, Swiss Re finds it was a comparatively moderate year.

The former Microsoft Corp. executive takes over as head of the effort to improve the federal health exchange.

The insurer has held talks with investment banks about a possible sale of its corporate-owned life-insurance unit, which could fetch around $200 million, according sources close to the matter.

Intact Financial Selects Guidewire Billing

In the past 12 months, GEICO has booked $18.11 billion in direct premiums, surpassing Allstate as second largest private auto insurer, according to SNL Financial.

The state’s largest health plan expands it use of the data-driven health care solutions to include the provider’s Health Insurance Marketplace services.

15,000 Health Care Enrollments Didn’t Get to Insurers

Real-time capabilities, online and other payment options can increase customers and agents’ trust and satisfaction levels, Novarica said.

By making certain requests in public, the administration has given itself room to blame insurers when people lose access to doctors, drugs or insurance.

The report on how to modernize and improve the U.S. system of insurance regulation recommends a hybrid model that includes state and federal oversight.

Smaller carriers, such as AAA, John Hancock and others, benefit from offering more personalized attention and drive the increases, according to ACSI report.

The New York-based company is in the final stage of consideration to be labeled a systemically important financial institution, a finding that would subject the company to oversight from the U.S. Federal Reserve.

Hawaii Employers’ Mutual Insurance Company chooses platform for portfolio management, industry benchmarking.

Verizon Telematics, Danlaw and Octo among those recognized for footprint, product range and track record.

Compared to last year, there were fewer hurricanes, floods, tornadoes and fires, according to CoreLogic report.

KBW: P&C Insurers’ Operating Earnings to Improve Modestly in 2014

All told, 364,682 people in two months selected an insurer using the federal and state exchanges created by the Patient Protection and Affordable Care Act.

Health insurance exchanges, however, are adding uncertainty around enrollment and profitability, the agency said.

Rate increases slowing, though trend persists, MarketScout says.

Guy Carpenter Launches Version 3.0 of its Risk-Modeling Tool

There’s no way to tell how many people have successfully signed up for health insurance through the exchange, as 1 in 4 enrollments sent to insurers had garbled or incomplete information.

Big data, analytics and enterprise applications will continue to drive software spending growth into 2017, according to a new report from IT research firm International Data Corp.

Stabilizing global economy and gradually rising interest rates are favorable, according to Moody’s.

Insurer to deploy P&C software suite to streamline product development.

Only USAA, GEICO and two other large insurers qualified for a list of longer-term profitable and growing carriers. Leaders also tend toward specialization and use independent agents, according to a report from Conning.

AMI goes live with policy administration, billing and claims solutions for motor vehicle lines of business.

Insurer chooses SIMS Claims to manage claims within its commercial insurance programs, including property, liability, commercial auto and workers’ compensation.

Fitch: Bypassing healthcare.gov An Unlikely Positive for U.S. Insurers

A team of agency staff, software contractors and insurers is working on fixing the enrollment reports, known in the industry as 834 forms, said tCenters for Medicare and Medicaid Services spokeswoman.

The chief obstacle for health insurers is essentially a lack of insight into who’s enrolling in their HIX plans, says an independent merchant bank focused on mergers and acquisitions, financial restructuring and principal investing services in the health care industry.

The lack of hurricanes in the Atlantic will result in a low double-digit decline in pricing for 2014 renewals, Fitch said.