Digital Platforms

Datacenters, and the economy as a whole, stand to gain as microprocessors become more powerful while consuming less energy.

Recent survey results show companies lack transparency needed to prevent insider threats.

American International Group is no longer alone as an official insurance industry symbol of economic stress. After three straight quarterly negative financial reports, The Hartford Financial received approval today to participate in the U.S. Treasury Department’s Troubled Assets Relief Program, which has approximately $110 billion left in the government’s kitty.

In spite of a down economy, actuaries and risk experts show no real changes to their risk management approach, notes survey.

In a letter to Congressional leaders, Treasury Secretary Timothy Geithner made it clear that the government is serious about revamping the nation’s financial regulatory system.

The only insurer required to take the federally-mandated test, MetLife continues to assert its financial strength.

It’s computer vs. Jeopardy champs in planned contests, but AI has some growing up to do.

Letter may shift long-running debate about flood insurance program.

Loss of deductions would be harmful, industry says.

CEO Edward Liddy says his plan does not include divesting AIG assets at fire-sale prices.

Conseco and Allianz both tout quarterly reports.

According to Forrester research, of the 18 million U.S. consumers applied for, or purchased, auto insurance via the Web, only 9% used a comparison site.

Fitch Ratings downgrades Hartford Financial Services Group’s primary life insurance subsidiaries ratings and affirms P&C subsidiaries ratings.

The Insurance Information Institute says the industry’s present capital position is stronger than before any of the major catastrophic events over the past quarter century.

GE's micro-holographic discs could allow all data on a computer to be stored on a single disc that can be read by a DVD-like player.

The Washington Legal Foundation says a set of rules adopted by the NAIC that requires insurers to disclose information related to climate change serves mainly to promote the ideological objectives of global warming activists.

The new Web site provides a forum for health care professionals to discuss the “meaningful use” of electronic health records.

After hearing reports from across the industry last week at both IBM's IMPACT conference and Software AG's SOA Summit, it's apparent that SOA is very much alive and kicking.

The insurer announces loss, albeit greatly reduced from 2008, and an agreement to sell its prime real estate holding in Tokyo to Nippon Life Insurance Co.

America's Health Insurance Plans is one of five organizations supporting a cut in the annual health care spending growth rate.

Industry payrolls were 2.275 million in April, down from a seasonally adjusted 2.279 in March.

Traveling in a custom-decorated Agent Insight Tour truck, the AgencyPort team will conduct interviews with more than 100 agents in more than 50 towns and cities.

A new study cites improvements in producer licensing but says challenges remain in market conduct examinations.

The measures are designed to reduce the duplication of efforts and costs for regional insurers.

Mary Schapiro last Friday came out in favor of the plan outlined earlier in the week by FDIC Chairman Sheila Bair.

Westfield, Liberty Mutual, CNA and Chubb Group heads discuss InVEST, technology and future of the insurance industry.

The firms announce a number of downgrades, affirmations and upgrades to AXA and CIGNA, among others.

INN issues a call for nominations for its award program recognizing excellence, leadership and professional performance among women in insurance.

NAVA believes this week’s developments with the Supervisory Capital Assessment Program (SCAP), conducted by the Federal Reserve, the Office of the Comptroller of the Currency and FDIC, may be a turning point for the nation’s economic crisis.

Weatherford cites spate of recent economic news as positive indications for investors.

Apple’s operating system is neat and sports several advantages over Windows, but the company’s irresponsible public persona ensures that it will not dominate.

Dueling coalitions, representing domestic and foreign reinsurers respectively, are amplifying their positions in advance of pending legislation.

Insurance executives and regulators consider the costs and regulations required to expand coverage at roundtable discussion.

At a hearing Wednesday, FDIC Chair Sheila Bair suggested the creation of a systemic risk council composed of existing regulators that would have the "teeth" to intervene when necessary.

Maurice “Hank” Greenberg says he will sell his nearly 12.9 million shares in AIG to Starr International, a company he still controls.

In a move to head off creation of a government insurance plan, health carriers agree in principle to reduce rates for women.

The current economy is affecting new car buying and decisions about coverage on older vehicles, a trend that raises important insurance and maintenance considerations.

Given insurers' knowledge of consumer lifestyles, they should be utilizing predictive analytics to better identify ideal customers and sell them higher-value services.

Given the reporting reforms sure to come out of the financial crisis, now is the perfect time for insurers to start making their data center greener.

Underscoring the risk regulator’s role, Fed Reserve policymaker tells panel: Give regulator adequate power or find other ways to limit systemic risk.

Risky behavior has become the norm for this generation of computer users.

First State Bank in Webster City, Iowa, has purchased 15 agencies in the past 25 years—14 in the past 17 years.

Latest financial ratings reports prompt the question: Are some insurers paying for the sins of their competitors?

Continuing expense pressures and expanded service offerings by offshore business process providers my spur more offshoring, says Conning Research and Consulting.

Even for the many insurers still dependent upon legacy systems, it's possible to adapt their systems to realize the benefits of automated decisioning.

May is Disability Insurance Awareness Month, and research shows Americans are vulnerable to serious financial hardship in the event they were to become disabled.

Industry representatives and consumer advocates trade barbs at a public hearing hosted by the National Association of Insurance Commissioners.

Fiserv's CEO says the company would like to capitalize on Fidelity National Information Services's planned acquisition of Metavante Technologies Inc.

The troubled insurer announced that in an effort to cut costs, it's ending sales of variable annuities in Japan and the U.K.

MOBILE TECHNOLOGY FOR RISK INSPECTION

Iterative methodologies and sound product architectures reduce risk, and yield faster return on investment.

MANULIFE INKS OUTSOURCING DEAL WITH THOMSON REUTERS