Digital Platforms

After 18 months of study, presidential commission finds that everybody and nobody is responsible for the financial crisis.

Former AIG chairman Harvey Golub says the insurer should eventually be broken up because the firm's main businesses have “no strategic fit between them.”

Allstate compares claims data against zodiac signs; finds Virgos are most likely to get into an accident.

Ninety percent of U.S. business and IT leaders fear they’re using bad data, says Experian QAS analysis.

Observers say the report suffered from a lack of consensus among commissioners, a poor narrative of the crisis and very bad timing.

NBIC completes implementation of PipelineClaims 4.2 software as part of its legacy modernization strategy.

While it may be all fun and games for kids and consumers, the glut of location-aware services pose an increasing claims threat for insurers.

Judge denies insurer’s motion to dismiss case alleging company mishandled claims in the wake of Hurricane Katrina.

Commercial lines carriers face more challenges in 2011, largely due to soft market conditions that persisted throughout the United States in 2010 and are poised to continue into 2011, according to a report published today by insurance broker and risk management advisor Marsh.

Apple nearly doubled the number of total Android activations of phones or tablets for enterprises in 2010, a report finds.

Mark Konen, president of Lincoln Insurance and Retirement Solutions, makes predictions about the year ahead.

A survey says small business decision-makers prefer tech-savvy insurers, but how many carriers currently have the tools in place to win their business?

Despite knowing exactly what their problem points are, less than half of senior executives believe their actions have been very effective, a study says.

Study suggests organizations are not leveraging cloud investments.

To which potential customer are you more likely to extend a policy: one of the subjects of Discovery Channel's Dangerous Catch, or Fred, who's pushing paper all day a few cubes away?

Thanks largely to increased regulation, insurers will demand innovation, transparency and stability from sourcing providers.

SAS co-founder & CEO Jim Goodnight reflects on the promise and challenges surrounding business analytics technology.

Almost one-third of Brits believe that it's acceptable to commit home insurance fraud, a survey finds.

The proposed spending cuts would “frustrate” the ability of the SEC to fulfill its expansive new mandates under the act.

AHIP CEO Karen Ignagni voices serious concerns over accountable care organizations, essential benefits and exchanges.

Portal designed to reduce insurer risk, costs by boosting completion rates and data accuracy.

Allianz, Allstate, Assurant, SCOR and XL Ltd. all receive updates.

A new Gartner report clarifies master data management misconceptions and definitions.

As he continues to battle cancer, American International Group’s Robert Benmosche says he will stay on as chief executive until 2012. In a statement, Benmosche, who says he is responding very well to “aggressive chemotherapy,” said he expects to work another 12 to 18 months before retiring. Benmosche took the helm at AIG in August 2009 as the company began selling assets to repay the U.S. government for $182.3 billion in assistance in received in 2008, including $40 billion from Trouble Asset Relief Program (TARP).

Insurers may be able to learn from banks platform integration problems.

The finance and insurance industries reported the strongest plans to hire, followed by industries producing goods.

New data from RIMS shows overcapacity still depressing premiums.

A bomb exploded in Moscow’s largest airport, Domodedovo, this morning, reportedly killing 35 people and injuring more than 180. The blast is believed to be the work of a lone suicide bomber terrorist, who detonated 15lbs of explosives inside the arrivals hall, an unsecured area that allows people to enter freely to meet passengers.

A new report says smartphone users are more likely than PC users to fall victim to phishing and providing confidential information.

Sales collaboration platform reaches 20,000 participants; company launches InsiderConnect.

Independent agents are the most-promising channel, while career agents the highest-rated, according to ICMG survey.

Insurance technologists must articulate the case for change when replacing core systems.

Earthquakes and climate change-related events among the 373 disasters recorded last year, says the United Nations.

Exhaustively and expensively produced, the Jeopardy-playing computer has jaded observers proclaiming a new, powerful, constructive digital interactivity.

The study found that many investors are confused about the roles of brokers and advisors, and are unsure of their protections when they receive advice.

2011 is just another year for advancement and increased profits for fraudsters unless insurers develop a strategic resolve to hedge the threat, according to Detica.

The Diamond System to process non-standard auto insurance business in Illinois, Indiana.

House Financial Services Committee says its first hearing will be "Promoting Economic Recovery and Job Creation: The Road Forward."

Aflac, USAA make the cut, but analytics vendor SAS ranks No. 1.

AXA China Region Insurance and Tokio Marine & Nichido, Fire Insurance Co. are a few of many insurers effectively using technology, analysts say.

Review mandated by Dodd-Frank Act recommends no additional oversight for financial planners.

Tech refreshes continue to keep administrators up at night; cloud migration continues.

Against the backdrop of this week’s House repeal, more PPACA funding is made available to the states.

Nominations for best practices section of program extended to January 25.

The repeal bill will now be sent to the Senate, where, say pundits from both political parties, its prospects appear to be unlikely.

The presidents of the U.S. and China say the right things, but details, as usual, are sorely lacking.

PIA says mandated study is a Trojan horse for expansion of federal oversight.

Nearly half of Gen Y survey respondents plan to start their own business in the next five years, and they’ll be targeting tech-savvy insurers for coverage.

Insurers may benefit from the $250 million research and development partnership.

Outsourcing popular, cloud blocked by legacy infrastructure, execs unimpressed with social media, study says.

Nationwide will begin deployment of ClaimCenter in its commercial and personal auto lines.

As systemic risk regulations are promulgated, PCI says insurance expertise needed on oversight council.