Digital Platforms

House bill would regulate OTC derivatives marketplace

After five years of ownership, MasterCard plans to divest the insurance research firm to Corporate Executive Board Co.

Economic conditions do not seem to play a role in industry’s projected increases for 2010, which are identical to 2009.

Reports indicate that revenue support is not going to come from a hardening market.

Insurance groups squabble during senate hearings on the repeal of the McCarran Ferguson Act.

New York Life, Conseco, Assured Guaranty and five other insurers see activity from various rating agencies.

Insurers are betting on DWD laws that will prohibit drivers from using cell phones while driving, but a new study says that while laws may not matter, technology might.

A recent Celent report examines insurance technology trends, including cloud computing, which the firm says has confused the industry.

Life insurer triumphs in class action suit brought over marketing materials.

Fed pay czar is reportedly reviewing reductions in AIG “retention payments,” as well as executive compensation packages.

AHIP continues to maintain that the bill, as passed, would represent billions of dollars in new health care taxes and provides incentives for people to purchase insurance only after they become ill.

Insurers watch for ramifications of today's panel vote that will likely pass a bill designed to strengthen regulation of derivatives and then act on legislation to create a consumer protection agency.

With implementation, the marketplace will have a single set of data communication standards designed to create cost-effective delivery mechanisms and improve the products and services for policyholders.

Sen. Snowe joins Democrats to pass America's Healthy Future Act.

Insurers must encrypt or mask sensitive data that leaves production environments regardless of its destination.

The company agrees to sell its 98% stake in Nan Shan Life Insurance Co. Ltd. to an investor group led by Hong Kong's Primus Financial.

Senators exchange barbs as finance committee debates Baucus bill.

The partnership is intended to to reduce redundant work and costs by combining both technology and information at key workflow steps of the insurance transaction process.

STG Billing fulfills demanding customer service requirements at Chicago insurance companies.

RIMS Q3 Benchmark Survey says it's an insurance buyers market, and it's going to stay that way for a while longer.

Still seemingly slow to take root in the United States, insurers across the globe are quickly responding to the growing demand for Islamic law-complaint insurance.

New technology from SSP designed to enable insurer’s core systems transformation strategy.

Canadian bankers bristle at a new proposal to limit their online insurance sales.

House hearing considers changes to the McCarran-Ferguson Act.

About 90% of its business already comes from banks and credit unions.

Guy Carpenter survey finds agents relatively unfazed by financial turmoil.

Confidence and demand gives analytics technology a boost.

From cloud computing to legacy systems to the business/IT relationship, insurance CIOs discuss areas affecting their careers and ability to perform.

Lower expenses offset declining revenues and investment losses to help U.S. life insurers generate $8.9 billion in Q2 net income.

Conning reports that despite only being written in just 25 states, workers' comp state funds are poised to overtake private plans.

Competing testimony before House committee highlights schism over creating a national regulatory presence to monitor insurers.

A new report from J.D. Power and Associates Reports finds overall satisfaction with homeowners insurance has significantly increased for the first time in five years.

America's Health Insurance Plans and Blue Cross and Blue Shield have collaborated to give providers one-stop shopping when conducting transactions with insurers.

FDIC Chairman says federal resolution authority must transcend industries and international borders.

Island Insurance benefits from DRC’s industry experience as well as its local presence.

Vertafore will still manage its Software-as-a-Service-based products internally, but Savvis will operate the scale-related IT infrastructure.

Arthur J. Gallagher & Co. acquired Fox Lawson & Associates LLC, a compensation and human resources consulting firm specializing in wage and classification studies.

Medical malpractice insurers and actuaries can breathe a short sigh of relief before bracing for future challenges, such as the Centers for Medicare and Medicaid Services decision to no longer reimburse for certain hospital-acquired conditions.

While the details of the legislation remain unchanged, the proposed Office of National Insurance has been renamed the Federal Insurance Office.

A.M. Best announces ratings changes for Ameriprise, General Re Corp., QBE the Americas and 10 other insurers.

Burning the midnight oil, Senate Finance Committee finalizes health care reform legislation

Insurers convene with other experts to discuss a convergence of consumer protection and compliance-related challenges associated with social networking.

After much speculation about how much AIG owes the government, the company releases a statement containing facts.

More research on IT spending filters in, and the conclusions are pretty much the same: IT spending for property/casualty insurers flat to slightly higher through 2010.

President Obama signs a last-minute extension of the oft-extended National Flood Insurance Program.

A survey reveals a high level of customer loyalty and satisfaction among respondents.

Bucking national unemployment trends, large agencies are adding producers, a new study finds.

Former Bank of America exec Liam McGee will succeed Ramani Ayer.

The Senate Banking Committee Chair wants to "eliminate the overlaps, redundancies and additional red tape created by the current alphabet soup of regulators."

A recent survey shows a gap in IT’s ability to deliver and demonstrate the value it provides the business, and IT execs blame their IT systems, processes and services.

Not only does asking an agent for customer lists cause agents to question your rationale behind the request, it is a significant breach of the relationship, Professional Insurance Agents say.

One of the most frightening aspects of the financial services meltdown is that it may well happen again. Indeed, a new paper from Society of Actuaries (SOA) and the Joint Risk Management Section says a focus a widespread embrace of enterprise risk management coupled with regulatory enhancements are needed to avert future crises.