Digital Platforms

Allianz Life President & CEO Gary Bhojwani weighs in after court strikes down controversial SEC regulation.

House votes to extend National Flood Insurance Program (NFIP) for an additional six months.

Nationwide backs legislation to ban texting while driving (TWD), and contends technology will play an important role in changing behavior behind the wheel.

Mark Cracknell will be responsible for servicing marine clients both directly, and through the global Aon Specialty network.

Zurich’s SIU helps authorities unravel “slip and fall” fraud claims spree.

All dozen health insurers, including Aetna and CIGNA, rated by Fitch have negative outlooks, while A.M. Best's ratings vary.

Insurers may be wary of target-date funds, but are keeping their eye on regulatory developments.

Study highlights payoff potential of targeting security investments to support growth.

Seeing a drop in profits, insurer commits to continued underwriting discipline, and “walking away” from inadequately priced business.

It’s said the insurance industry is a slow technology adopter, but maybe insurers are justifiably skeptical that the technology doesn’t meet its role-based needs.

AXA Equitable Life Insurance, Conseco Inc. and Midland National Life Insurance Co. are some of the companies to receive recognition for technology and quality enhancement.

The degree, awarded by the University of Essex, is aimed at practitioners in financial services who may already be qualified but are seeking to gain a higher education degree to advance in their careers.

A new report from Novarica shows commercial lines insurers value user experience above all else when selecting a policy administration system.

First Insurance Funding Corp. acquired the majority of AIG’s U.S. life insurance premium finance business, and may purchase additional life insurance premium finance assets.

IBM plans to meld SPSS offerings with its own, but says it will continue to support firm’s predictive analytic technologies.

While most vendors have gotten aboard the open source train, cloud computing offers many of the same benefits with, perhaps, fewer costs.

Northeast Bancorp's 10 insurance agency acquisitions since 2007 have vaulted it to 60th place among bank holding companies that sell insurance, up from 156th place in 2005.

A new report from Fitch Ratings details its views on the U.S. life insurance sector, including a summary of recent rating activity, current market trends and expectations over the near term.

Just when you thought your mobile devices were safe, a new botnet has appeared to change the paradigm.

Under the new Chartis handle, AIG's property/casualty unit looks to be on the sales block.

Despite taking heavy fire from critics last week on the Obama administration's regulatory reform plan, Treasury Secretary Geithner gave no sign he was willing to compromise.

Next generation solution designed to provide Keenan with flexible, innovative platform to support current and evolving Health Information Technology mandates and initiatives.

Treasury Department releases legislative language for its Office of National Insurance.

Product designed to provide up-to-date information and post-event resources regarding network security and data privacy.

Leading in troubled times requires action more than analysis, and speed more than care.

Under increasing pressure, American International Group withheld $2.4 million in bonuses that were to be paid on July 15.

Conning Research reports that life insurers’ tactics may no longer be effective in the face of recessionary and regulatory impacts on state-based wealth demographics.

New York/New Jersey benchmarking survey identifies a trend of dedicated internal subrogation units, but undefined success guidelines and often-lagging technological resources.

Duck Creek, Oracle announce enhancements to front end offerings.

New research suggests that DVD capacities may increase 10,000-fold in 10 years, but will we be ready for the increased risks?

Insurers have two choices when it comes to conducting business in multiple countries: deploy a single core app cross-borders, or implement a dedicated core app in each market.

Report disputes link between claim activity and premiums.

A new report says that rather than rely on investment income, carriers need to invest in core competencies.

Judges say SEC should reconsider controversial ruling that would regulate annuities as securities.

A recent survey shows auto insurance buyers are ready for a change, and depending on the target market, insurers can take action.

Bill details show first hurdle for Tier I firms is just $10B assets

Government Accountability Office's study recommends that a new proposed systemic-risk regulator be specifically tasked with limiting leverage

While the tangible savings to paperless include decreases in postage and paper costs, the fringe benefit for insurers is potentially tapping into the growing eco-friendly customer segment.

A recent survey from John Hancock finds that 66% of employers are afraid of the costs to implement a long-term care plan, and 33% believe it is too time consuming.

Testifying before Congress, association chief urges use of a scalable system to measure risk companies pose.

House Financial Services Committee Chairman Barney Frank says consumer groups need time to respond to industry arguments against the new agency and efforts to limit its authority.

Consolidating its insurance, wealth and investment units resulted in referrals rising 100% last year, and are up 55% in the first half of 2009.

Insurance executives see the adverse financial climate reflected in their pay packages.

Short-term hard returns may be elusive, but the long view reveals soft returns aplenty.

After issuing a formal white paper on the subject last week, Travelers Companies Inc. also issued a request—to let an independent federal commission regulate rates for hurricane wind coverage.

In the heat of the summer across the wide open fields of middle-America, the National Association of Mutual Insurance Companies’ (NAMIC) Agricultural Risk Inspection School opened its classrooms this week to insurance loss control specialists, underwriters, managers and supervisors.

Morgan Stanley got the nod as the official IPO coordinator for American International Group Inc. (AIG), according to the Federal Reserve Bank of New York. AIG has been busy trying to push through an IPO of American International Assurance Co. Ltd. by early next year, and had selected Morgan Stanley and Deutsche Bank AG as global coordinators for that offering. As reported in Insurance Networking News, AIG also said last week that it was splitting off American Life Insurance Co., or Alico, in anticipation of a public sale of shares in New York.

Hannover Re, Munich Re and Manulife are just some of the insurers that recently saw ratings actions from A.M. Best.

New York Insurance Department statistics show arrests are down and convictions are up.

In an effort to instill confidence in insured retirement strategies by advocating for the consumer, NAVA has rebranded, immediately becoming the Insured Retirement Institute (IRI) http://www.IRIonline.org, now based in Washington, D.C. Along with the name change is a new staff focused on ensuring the insured retirement strategies industry thrives in the future, while protecting the consumers who invest in guaranteed income products such as annuities and promoting the highest ethical standards.

The American Council of Life Insurers (ACLI) is voicing concerns about long-term care legislation currently under consideration by the Senate Health, Education, Labor and Pensions (HELP) Committee.

The American Insurance Association (AIA) is looking to counter attempts to pass “bad faith” legislation in several states. The AIA contends the bills are an attempt by the plaintiffs’ bar to inject itself and tort principles into the policyholder-insurer relationship and will lead to frivolous lawsuits against insurers.