Digital Platforms

Q2 research shows that banks' sales of fixed annuities were down 52% from 2009.

AIG expects to use proceeds from ALICO's sale to MetLife and AIA's IPO to repay FRBNY, and pay down other government interests.

Insurers using more specialty engines amid cloud buzz, survey says.

In an era of shifting demographics, economic unease and regulatory transformation, life insurers confront new risks

Enhanced Disability Claims System

Insurers need to account for rapidly advancing technologies to optimize their catastrophe risk models.

New Litigation Support Website

Survey reveals that poor customer service makes consumers more apt to commit fraud.

Fireman's Fund to use alfabet's planningIT

The Open Data Center Alliance will work toward developing more open and interoperable cloud and data center solutions.

Insurer develops new curriculum intended to help its agents address the needs of families with children with disabilities.

By replacing the complete software system, employees of Unigarant are able to work faster and more efficiently.

Steve Betts, who is currently the chief information officer for Aon Benfield, has been named global CIO for Aon, reporting to Christa Davies, Aon’s EVP and CFO. He will continue in his current role at Aon Benfield until a replacement is named.

Company board meets to discuss continuity issues in wake of Benmosche cancer diagnosis.

Allstate, Aflac, Arthur J. Gallagher & Co., Chubb and Travelers get a jump on reporting their third-quarter results.

Carriers and agents/brokers attending the 2010 MarketScout E-Symposium participated in a FirstBest survey about improving the relationship.

Insurer named one of most energy efficient technology users by Computerworld.

The agency says insurance ratings continue to emphasize intrinsic financial strength; does not expect government assistance when rating insurers.

If a slightly improved economy is lulling insurers into a sense of relative security concerning their customer-base, they need to think twice, according to a new report by Boston-based Celent. The report, “Insurance Customer Service Trends in North America,” notes that it has never been more important to keep the clients insurers have.”

Claims management efforts are inconsistent, especially when it comes to musculoskeletal claims, according to a new report.

Massive effort by 17 industry groups representing U.S. and non-U.S. insurers and reinsurers asks The Group of Twenty to differentiate them from banks, develop regulations accordingly.

S&P revised outlook on State Farm to stable; A.M. Best and Moody’s react to announcement that Liberty Life will coinsure its individual life business to Protective Life Insurance Co.

AIG chief acknowledges condition but says he will continue normal workload.

Positive rating actions are the result of improving market conditions, rating agency says.

The National Association of Insurance Commissioners’ newly elected officers will assume their duties Jan. 1, 2011.

Women in Insurance Leadership Forum keynote speaker, Guy Carpenter's chief economist Joan Lamm-Tennant, explains how insurers can best respond to a changing economic landscape.

Driven by visions of future savings, some enterprises are flirting with the idea of thin clients, but users will not be so easily parted from their desktop PCs and laptops.

Former AIG chairman and CEO held liable for two allegedly fraudulent reinsurance transactions.

The recent extension does little to address the long-term viability of financially hobbled flood insurance program.

Insurers may want to ensure consumer adoption of their mobile wares doesn't fall short of expectations, as experts predict banks will struggle without proper promotion.

Employee dedication and PolicyWriter’s market leading capabilities are credited for Adaptik’s third appearance in the ranking.

Individuals can securely purchase policies online and immediately print policies and ID cards.

A working group is tasked with finalizing a model bulletin to help regulators tackle stranger-originated annuity transactions.

Towers Watson says that while insurers have made progress in their ERM efforts, the industry still faces challenges.

Rep. Ed Royce lists specific "fixes" he wants to make in the law if the GOP seizes a House majority next year.

The BI solution is designed to help drive business improvements across the enterprise.

Facebook is suing some spammers, but will it really do any good?

NAIC adopts model law to conform to health care reform, but insurers warn they may be hard-pressed to adopt new spending rules by January 1 deadline.

Given its value, it must be treated with the same sense of security and accountability as money.

Fitch Ratings reveals that the losses could be almost double what insurers previously expected.

RIMS survey says rate of premium loss decreased during the last quarter.

Against economic woes, insurance companies are facing some tough decisions when it comes to IT staffing and maintenance. In particular, flat premiums and reduced investment income are driving the industry into a competitive state not seen in 20 years, forcing IT organizations to deliver faster, deliver more and reduce or maintain costs, notes a new report issued by New York based research and advisory firm Novarica.

ARC Logics to help insurers evaluate risks and better understand risk exposure.

It’s no secret that agents and brokers continuously rank “ease of doing business” as one of their top priorities when choosing a carrier partner. The subject of a recent survey, 7,800 independent agents and brokers were asked to rank more than 200 property/casualty carriers, and name their top performers.

Preliminary research results from NCCI indicates a 4% drop in claim frequency for 2009.

For the first time ever, theft of information and data has now overtaken physical fraud in businesses, Kroll report finds.

State-of-the-art lab aims to help P&C insurers model for and mitigate against natural disasters.

Partnership extends reach of Duck Creek Technologies across Australia and to New Zealand

Insurer charged with inconsistencies, yet NAIC review found no underpayment of claims.

Moody’s places Zurich under review for a possible upgrade, affirms Travelers; A.M. Best upgrades Farm Bureau Life Insurance Co.

Report says technical wherewithal more important than ever as industry bounces back from financial crisis.

Expense reduction, growth strategies and improving underwriting results are atop commercial carriers’ list of concerns, says Novarica.