Digital Platforms

The insurer is looking to the new system to streamline service, consolidate and standardize systems, and create visibility in the claims process.

The administration had a target of 800,000 sign-ups nationwide for the first two months, and the Congressional Budget Office has projected that 7 million people would enroll through 2014.

As the growing market in Latin America demonstrates, a large, underserved population could benefit from financial protections and offer market opportunities to insurers that innovate around product, distribution and regulation, Celent said.

Over the next three years, the majority of underwriters plan to improve through investments in process automation, according to a new survey.

Death toll in the Philippines may reach 10,000 total and economic impact may reach $14 billion, about $2 billion of which will be insured.

Professional Liability Snapshot designed to predict the risk of liability claims in the long-term care industry using analytics.

As the P&C industry benefits from reserve releases and few catastrophes, insurers with stand out returns include Partner Re and AIG, according to an analyst.

With maximum sustained winds of 195 mph, the Category 5 typhoon that made landfall over the Philippines is likely to be the strongest tropical cyclone to make landfall on record anywhere in the world.

The rules apply to almost all health plans in the nation including new ones sold under the Patient Protection and Affordable Care Act.

According to software provider Quindell Portfolio, CAA South Central Ontario has entered a deal to implement all aspects of a telematics program within eight weeks.

Gartner predicts that the top three most sought-after cloud services will remain email security, Web security services and identity and access management.

GEICO and Progressive stand out, as policies purchased online have more than quadrupled over the past decade.

“There’s no question we wish we had done more testing,” said Joanne Peters, a spokeswoman for the U.S. Health and Human Services Department.

Insurer purchases the two systems in an attempt to improve efficiency, control and automation.

Fitch Ratings says an extension could decrease enrollment, as well as create pricing and logistical implications that could hurt financial results for insurers and hospitals.

Most Americans are uncertain or incorrect about what insurance telematics/UBI programs do and do not track; 37 percent would outright reject pay-as-you-drive insurance.

Commercial, Personal Rates Relax in October. Both lines experienced 1-percent reductions in monthly composite rates, with marginal decreases seen in nearly all segments.

Agent portals, core systems, business intelligence and other technology initiatives are competitive necessities, according to a new report from Novarica.

Catastrophe bond issuance continues to grow. The third quarter of 2013 saw $1.4 billion of non-life catastrophe bond capacity issued, the highest it’s been in 15 years, according to Willis Capital Markets & Advisory.

The Blue Cross and Blue Shield Association has joined forces with the U.S. Office of Personnel Management to offer options in 30 states and the District of Columbia under the Affordable Care Act.

Survey of P&C and life group insurers finds most have multiple legacy systems and low levels of satisfaction.

Predictive analytics offerings for commercial carriers are designed with geographic segmentation capabilities.

The Federal Housing Finance Agency's Edward DeMarco said this is an interim move to reduce prices, while more restrictions are yet to come.

CGI has been paid $104 million, and while no penalties are built into its contract, Kathleen Sebelius, the U.S. Health and Human Services Secretary, said last week that “paying for work that isn’t complete is not something that we will do.”

Toyota Corollas are more than twice as likely to be stolen than any other compact car, according to the National Insurance Crime Bureau.

Upgraded version designed to include catastrophe model blending, as well as improvements to direct catastrophe import and financial capabilities.

AIG, Berkshire Hathaway and four others announce quarterly results.

Large insurers responding to a recent survey were unanimously invested in predictive modeling, but challenges persist.

Data security breaches are both common and costly. While many insurance companies are keeping up with security requirements, it's a battle that keeps escalating.

BNY Mellon/Risk Insurance survey finds more than half of global insurers have insufficient investment collateral; funding costs and operational complexity are on the rise.

Just more than half of executives, in a recent survey, anticipate increased investments in training to reduce the gap, as 35 percent admit they have not invested enough in the past.

What’s Threatening P&C Insurers’ Growth in 2014?

Kathleen Sebelius, the U.S. Health and Human Services secretary, said her agency has pulled in outside help to achieve “an optimally functioning” exchange by the end of November.

USAA Shines Among Top 25 Insurers for Auto Claims Satisfaction

In 2014, insurers need to make the leap to customer-centric business models, which will require several technology initiatives, four of which make up Ovum’s biggest trends for 2014.

The exchange is designed so companies can begin enrolling a week after deciding to convert to the system.

Touchstone and CATRADER certified for implementation of ACORD's property exposure standards for delegated authority reporting and aggregated reporting.

Republicans in Congress, along with at least 10 Democrats, have suggested enrollment be extended beyond its current March 31 deadline.

Chevy Camaros are by far the most popular model among sports car thieves, and the Los Angeles area has seen more sports vehicle thefts in the last four years than any other.

The Hartford, CNA, Willis and five others announce quarterly results.

The Hartford, CNA, Willis and five others announce quarterly results.

The software's custom content is designed to for easy sharing of relevant information across a business network.

With the passage of last year's Biggert-Waters legislation, 1.1 million homeowners are set to experience higher premiums.

According to the 2010 Patient Protection and Affordable Care Act, health insurance policies that fail to offer added benefits, such as prescription drug coverage and free preventive care, can’t be sold after this year.

Workers’ compensation insurers are most active in surveying policyholders about employee concentrations, according to a new survey from RIMS.

Visual analytics are a priority for The New Hampshire Institute of Health Policy and Practice, as disparate sets of data across multiple payers threaten to stymie HIX operations.

Current risk mutualization model may not be sustainable, Ptolemus Consulting says; as auto insurance becomes increasingly commoditized, both insurers and insureds seek solutions.

Enservio releases new Web-based QuickStart, a self-service Web portal that consumers, carriers and adjusters can use to manage and provision payments.

With 63 transactions valued at $27.7 billion, third-quarter activity made up for a very slow start to the year, according to new figures from PwC.

The latest glitch causing problems for HIX consumers is a data center run by Terremark, which lost connectivity over the weekend, just days after the President set an ambitious timeline for fixing the site.

As the anniversary of Sandy approaches, American Modern reflects on how the storm affected the way it operates, including communicating more frequently with customers via smartphones.

Common areas of fraud include the misrepresentation of services provided, providing unnecessary services, billing for services not rendered and sale of durable goods.