Digital Platforms

North American and Bermudan insurance companies received an updated enterprise risk management opinion from Standard & Poor’s Rating Services, the company reports.

What Impact is Mobility Having on Insurers?

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Liberty Mutual and AIG continue their ongoing fight, while AIG sues ICP Asset Management and Moore Capital over alleged fraud.

Commercial lines dominated financial impairments in 2010, notes A.M. Best report.

Claims solution provider promotes a pair of employees to key positions.

2010 revenue represents a 13.4% increase from 2009 revenue, states Gartner.

As life insurers accumulate more longevity risk and face investment management challenges, opportunities for growth abound.

California regulators investigate allegations that MetLife failed to pay life insurance policy benefits even after learning that an insured had died.

Restructuring, which includes hiring 100 in “key business areas” has overall goal of placing resources in most effective areas, says insurer.

Internal report says former executive’s actions surrounding Lubrizol deal violated the “duty of candor” he owed the company.

Aflac, Allstate, Chubb, Travelers, UnitedHealth, WellPoint and others announce first-quarter figures.

A Georgetown University study finds evidence PPACA-mandated state health exchanges successfully harness free-market principles to help present coverage options and boost availability.

Still, MIT researchers warn that affordability remains a concern for families with high out-of-pocket spending, says this is the major risk to insurance affordability.

The separation of AAA's insurance and auto club businesses in Northern California, Utah and Nevada is the cause of the cutbacks.

New Yorkers, especially those who live in New York City, are being victimized by auto insurance fraud, which industry groups say has reached crisis levels. Yesterday, insurance industry proponents of reforms were scheduled to voice their concern about the ongoing problem.

SEC says controversial section 404(b) is not prohibitively burdensome to mid-sized companies.

FINRA last year advised brokers that social media content falls under regulatory requirements for record-keeping.

Guide is intended to help producers understand the complex federal law, enabling them to better help their clients' FMLA compliance efforts.

SCOR agrees to acquire Transamerica Re from AEGON, and AIG awaits regulatory approval on the divestiture of its Taiwan unit.

Chevrolet Volt and Nissan Leaf earn highest safety ratings from the Insurance Institute for Highway Safety.

However, the index remains in negative territory, as rising fuel costs have concerned many Americans, Bloomberg says.

The effort by commercial lines underwriters to hold the line on premiums gave way under the pressure of a highly overcapitalized market in the first quarter of 2011, according to the RIMS Benchmark Survey. The survey tracked property, workers’ compensation, D&O and general liability. Administered by insight services provider Advisen Ltd., the survey results posted material decreases in average renewal premiums in three of four lines of business tracked.

Business intelligence spending slated to increase in 2011; demand is up, resources are down, according to study.

While the number of records breached dropped from 2009, the overall number of breaches rose to its highest-ever level.

Oracle is throwing some cold water on the NFC hype; says tech’s performance too slow to be workable as an instant enabler of contact-less payments.

New report forecasts firming of pricing in property/casualty commercial lines by 2012.

Too many agents are self-oriented, focusing on products instead of on client needs, expert says.

A Deloitte study suggests leveraging analytics and investing in technology as two of the ways to enhance claims management for P&C insurers.

Life insurers may benefit from this trend if they provide products that meet consumers' demands, according to a Northwestern Mutual Life study.

Despite the highly publicized breach, Alliance Data's Q1 net income surged 85% to $86.4 million, from a year earlier.

Gartner study identified cloud computing as the top strategic technology investment for CIOs.

Organized vehicle scams defraud insurers and customers alike, costing billions of dollars annually, says Insurance Information Institute.

Insurance enterprise solution includes software, services, hosting and maintenance.

The platform is designed to assist insurers implementing usage-based insurance programs by collecting and analyzing telematics data.

The technologically-conservative North American life insurance industry is finally recognizing the value of automated underwriting platforms.

Marsh announces three new executive appointments, and a new insurance coverage for executives facing expanded liability under Dodd-Frank.

Aon report says Q1 2011 was the worst quarter ever for the facultative reinsurance market.

A John Hancock study finds that while LTC costs are rising, they're not escalating as quickly as other goods and services.

Widespread deployment of virtualized servers is laying a strong foundation for the adoption of cloud computing, says IDC report.

A new report offers cause to celebrate the industry’s move beyond the recession; yet pricing hurdles may remain.

Buffett, Sokol sued by shareholder over actions prior to March acquisition.

PCI official says P&C insurers need to be mindful of attempts to whittle away anti-trust exemption.

Legal and financial analysts expected the justices to reject the request.

The Centers for Medicare and Medicaid Services will develop a new system of records as part of a program to oversee states' development and operation of health insurance exchanges.

Sluggish growth, inflation fears discussed during Big “I” CEO panel.

Global reinsurer capital reached an all-time high of $470 billion at the end of 2010, says an Aon Benfield study.

Against a backdrop of global catastrophes and political distress, CEOs rank fueling business growth as No. 1 priority; talent management and innovation emerged as the most critical vehicles for implementing strategies.

Study results based on evaluation of more than 13.8 million video events of drivers recorded over the course of 2010.

Financial firms sold 27% more annuities in February than they did in January, and 33% more than they did in February of 2010, studies say.

LIMRA CEO recently issued a plea to insurance professionals to get with the times when trying to teach the younger generations about retirement.

A pair of vendors shine a light on the role of keylogging and social engineering as a growing threat to insurers in the wake of the Epsilon breach.