Digital Platforms

Celent report says Asian insurers will spend 1% to 3% of premium on IT in 2010.

New preparedness standards for private sector draw praise from risk managers.

B&L's insurance companies will use SIMS Claims to replace multiple legacy systems and optimize IT and claims operations.

The committee agreed to scale back a provision that would eliminate the use of trust-preferred securities as Tier 1 capital.

To reduce costs, carriers employed a variety of methods from increasing the employee portion of the premium to increasing deductible levels.

Lapses in insurance-related programs persist as legislators wrangle.

Gartner lists best practices for re-evaluating software-as-a-service in your organization.

The economic recovery horses are at the starting gate, but when will the race begin, and when do we plunk down our bets?

Quickfill, intended for use with personal lines auto and property and commercial property insurance, is designed to populate results from 34 of ISO’s databases.

Life insurers back annuities legislation in testimony before Committee.

The investigation by U.S. market regulators into American International Group’s executives is closed, Reuters reports.

Insurers being swept up in the current iPhone furor may want to watch as mobile banking customers continue to clamor for Android apps that still aren't available.

Moody’s and S&P react to Marsh McLennan’s Mercer subsidiary settlement, and to Lincoln National’s capital plan related to its TARP repayment.

Federal judge U.S. District Court Judge Janet Hall gave preliminary approval to a settlement under which The Hartford Financial Services Group Inc. will pay $72.5 million to a group of claimants alleging the insurer engaged in fraudulent practices in settling various injury claims.

IIABA weighs in on creation of federal insurance regulator as conference committee finalizes details of financial services reform.

As European insurers brace for changes to the way they calculate risk and capital, a new report assesses vendor offerings.

AMA members say insurers are making progress, but processing costs are on the rise due to errors, underpaid, overpaid or incorrectly unpaid claims.

In spite of economic challenges and rumors that it is cutting its agent force, Northbrook, Ill.-based Allstate is steadily moving forward, expanding both offices and staff across the country.

As conference committee meets, associations ask legislators to adopt Senate language for national insurance office.

Insurers with thrifts could be affected by potential changes coming in the reg reform bill.

There is a compensation increase underway for many IT positions, especially that of CIO, notes survey.

Cyber-security is a rapidly growing problem, but you’d never know it by the response in our industry.

IIABA members gain access to the environmental insurance market and assistance from ARMR.net’s environmental risk management team.

Level for fifth straight quarter, commercial lines prices exploit recent financial climate, overcapacity, and a calm 2009 catastrophe year.

Maximizing legacy investment, advocating for new investment among primary challenges, notes Celent report.

The verdict could have far-reaching ramifications for organizations seeking reimbursement for costs related to mitigating data breaches.

Aon will begin integration by implementing BWise's SOX compliance and global information security policies.

The latest version of Authority Suite includes support of ISO products and a new interface.

Risk management is only the first of many apps and functions that can be delivered via cloud-based services to insurers.

Survey results show some producers are using social media, but say it’s not generating new business.

Despite the advantage, observers says there is little room for lawmakers to maneuver.

Linking key performance indicators to business objectives is just the first step, according to a new Aberdeen Group study.

In letter to legislators, group decries fallout from short-term extensions.

Survey statistics show P&C carriers still struggle to create new bill plans and provide one bill for multiple policies, thereby impacting customer service.

Congressional Oversight Panel says federal rescue had “poisonous effect” on the marketplace.

Numerous senators get behind an amendment to extend COBRA premium assistance through November 30.

Survey shows end users are restricted by budgets in eliminating data loss through a disaster recovery strategy.

The merits of Aflac’s social media initiative were one of several topics debated today by a panel of industry experts.

WebWriter Enterprise is a fully integrated, browser-based P&C policy administration suite.

Dept. of Health and Human Services is making $1 million to each state to create and strengthen their health insurance rate review processes.

Moody’s and S&P affirm AIG’s ratings after calling off the AIA deal, but keep Prudential on CreditWatch, State Auto lowered by S&P, A.M. Best upgrades Travelers outlook.

In both sports and business, certain characteristics define winners.

In advance of the upcoming reg reform conference, lawmakers stake out positions on issues, and hint at potential compromises.

The economy still stinks, but the IASA Educational Conference and Business Show came up smelling like a rose.

Heading into hurricane season, new report questions final strength of the sector.

Total insurance income at bank holding companies increased 38.5% in 2009.

As larger economy struggles to regain positive footing, soft market likely to persist.

The browser-based claims program iVOS, and risk management information system RiskConsole, were created to leverage Aon’s claims process when used together.

Ratings agency views the consideration of emerging risks as vital because of the broad-based, risk-accepting nature of property/casualty insurers.

Task force is set to develop study recommendations by midsummer.

New study reveals cost to carriers if customers dissatisfied with Web channel experience.

At IASA keynote address, author says businesses need to develop better analytic tools.