Digital Platforms

After launching an initiative to revamp its wealth management business, The Hartford's president of wealth management will step down at the end of July to “pursue other opportunities."

The bill was passed late Wednesday 237 to 192, and goes on to the Senate, which is not expected to act until later this month.

The bill's ultimate fate remains a cliffhanger as Senate leaders announced they would not consider it until after the holiday recess.

The distribution channels for the insurance market in Asian countries are diversifying, according to research released by Boston-based research and consulting firm Celent.

Anthem amended the number of members and applicants affected by a compromised Web site to more than double the previously announced figure.

A J.D. Power and Associates study finds that cost management is of secondary importance—behind customer service—to employers buying health insurance.

New Novarica report examines the rise of modern claims offerings.

Social media is driving sales, product and service strategies.

The boards believe the amendments would improve the comparability of fair value measurements presented and disclosed in financial statements prepared in accordance with U.S. GAAP and IFRS.

Standard Poor's Ratings Services issued a statement today charging that the fundamental structure of the U.K. life insurance sector is changing. Life insurers over the next few years will have to adapt their business models at both the local and European levels to accommodate changes due to economic weakness and regulatory changes, notes the rating agency. Market consolidation could accelerate and product economics could be reappraised, with renewed attention on distribution models, notes S&P.

Moody’s and S&P assign ratings to Penn Mutual's surplus notes while A.M. Best revises the Michigan Blues’ outlook, and removes Jackson National Life from under review.

In ruling, justices vote to uphold primary tenets of Sarbanes-Oxley Act.

While the House is still expected to pass the bill, it's unclear if Democrats still have enough support to enact it.

A Gartner study says the number of people globally who use a mobile phone to make payments is expected to expand to 108.6 million by the end of 2010.

The federal government wants to build a place where everyone feels safe online, but are they instead creating a tempting target for cybercriminals and other enemies?

The California health insurer notified about 230,000 members and insurance applicants that a Web site used to apply for individual health policies was compromised.

Insurers may want to keep an eye on Obopay's mobile payment gambit in Africa—the latest in its string of marketing strategies.

FM Global says the industry well capitalized to withstand potential strong storms.

INN announces the results of its fifth annual program recognizing the distinct and outstanding accomplishments and contributions of women in the insurance industry.

In letter to Senators, insurers ask for renewal of lapsed program.

SAS Analytics Pro is designed to enable insurers to access, manipulate, analyze and present information on their own.

For every agency or industry participant that appeared to gain in the bill, there also was a significant downside.

Traditional carriers beginning to catch up to direct-to-consumer players in their ability to enhance the user experience, notes a new report.

Relationship between AIG CEO and the board’s chairmen sours after the sale of the company’s AIA Group Ltd. falls through.

UltiPro's unified HCM design offers the ability for insurers to achieve holistic BI on the entire workforce.

Wide-ranging legislation creates a Federal Insurance Office with limited preemptive powers.

The resolution of issues means the bill is now complete and will return to the full House and Senate for votes next week, where it is expected to pass.

BindExpress Portal is designed to enable Barton and its agents to quote and bind new business policies.

Purchase rates continue to climb as rates fall, according to a new report.

Report from Moody's Investors Service says small carriers may need to diversify or raise capital to meet pending requirements.

StoneRiver survey posits reinsurers concerned about not having automation for aggregation in the event of a catastrophe.

New Celent report says there is no single best claim solution for all European insurers.

A new report from Novarica finds insurance CIOs warming to the use of agile development.

Escaping the last of the oughts has been good to P&C insurers, as the combined ratio improved to 101.1% in Q1 2010 from 102.2% in Q1 2009.

Short-term extension would keep the troubled National Flood Insurance Program operational until September.

Insurance technology execs are replacing their focus on being cost-cutting service providers with a ramp-up of innovation—and looking at their people and their organizations.

S&P rates Genworth's senior notes, Moody's downgrades The Phoenix Cos. senior debt rating and A.M. Best revises State Auto’s outlook to negative.

Conferees yesterday couldn't agree to final language that would make it harder for federal regulators to preempt state consumer protection laws.

A constellation of insurance regulators and executives were on hand at the White House for an event marking the 90-day anniversary of the signing of the Affordable Care Act.

U.S. property/casualty insurer financial impairments rises to 18 in 2009, up from 16 in 2008 and five in 2007.

CIGNA was honored as having the best customer service team of the year across all U.S. businesses.

Seeking to trim cost of package, senators seek to add six-month benefit extension.

Rating agency says the industry’s 2010 operating income increased $9 billion over Q1 2009; its net income increased $11 billion.

New PWC survey finds FASB's push to have all financial instruments marked-to-market would be at odds with most investors' preferences.

As part of TIAA-CREF's “new client-focused organizational structure,” Maliz Beams will be replaced by Edward Van Dolsen.

Pundits and analysts are having a field day with social media for insurance, but is it really that big of a deal?

The industry released almost $20 billion in reserves in 2009, according to a Conning study.

New Fitch report says P&C sector financial performance impressive considering the challenges of past 10 years.

EWI Risk Services says the long-term potential impact of the disaster on the D&O market is in the range of $250 to $500 million.

Results of vendor-sponsored survey show decreased collaboration and e-discovery investment since 2009.

The committee still has to tackle issues surrounding derivatives oversight, consumer protection, interchange fee regulation and risk retention.

Mitchell’s WorkCenter is designed to provide assignment, repairable estimating, total loss valuation, review/audit, repair management and reporting.