Digital Platforms

Legislation says federal insurance regulators will establish physical offices in all states.

Property/casualty association head says systemic risks still not addressed in new legislation.

AIG is fully cooperating with a U.K. fraud probe, while it puts several pieces of property on the block.

Sent to the Senate for a final vote, the latest provisions are more liberal than the previous Senate version’s.

Study suggests insurers establish an efficient risk-based compliance culture throughout their enterprise, or risk the consequences.

Serving as acting CIO since October 2008, Mark Esposito now will take ownership of IT strategy across all business segments of The Hartford’s life operations.

The impending amendments offer adaptable insurers strategic advantages from the resulting structure, says a Conning Research study.

Quarterly report from brokerage well received on Wall Street despite revenue decline.

The insurer said in November that it would acquire troubled Bonifay Holding Co. Inc. to qualify for TARP assistance, but still has not heard from the Treasury about its application.

Seeking to address systemic risk, reps say they will soon introduce legislation to create national insurance regulator.

The new course is intended for employees new to the insurance industry who need quick understanding of how their company's products serve customers.

The bill includes $3 billion in "jump start" funds to the Office of the National Coordinator for Health Information Technology to rapidly disseminate grants and loans to increase I.T. adoption.

A source says the auto insurance business is expected to fetch about $2 billion.

Report says investments in automation and Web services are key to improving profitability.

A report by the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP) says assets the federal government received from AIG plan were valued at only $14.8 billion.

Despite the predicted IT spending crunch, new options abound for insurers looking to upgrade their risk management software applications.

The AMA lawsuit charges the insurers schemed to shift medical costs to physicians and their patients.

Federal Trust Corp. is relying on The Hartfords’ TARP approval in order to complete its sale to the insurer by Friday.

While a favorable loss-reserve development is on the horizon for the P&C industry, A.M. Best predicts the life/health insurers' ratings spiraling.

Survey results from 3,200 agency staff members show that more than half of agency management systems use real-time tools for inquiries or personal lines endorsements.

An organization representing insurers asks the SEC for more inclusiveness and accountability in formulation of new rules.

Legislation expands health care coverage to children.

Proposed transactions involving two insurance software vendors were the largest deals of the year, reports Berkery Noyes.

The partnership will give National Unit access to a special investigations unit with a national scope.

The insurer of 125 Catholic dioceses will use the vendor’s STG Billing and Accounts Receivable system.

Proposals within the economic stimulus bill to expand HIPAA privacy rule provisions would have unintended consequences that could impede progress in using health information technology, according to Karen Ignagni, president and CEO of America's Health Insurance Plans in Washington.

Finding new employment is not a 2009 priority for many, but technology companies are still ripe with employment opportunities.

Insurer maintains the loan losses incurred by credit union were not covered under policy.

Insurer declines state’s offer, as it readies to leave Florida P&C market.

Despite news reports to the contrary, insurers are not facing disruptions in IT projects in the pipeline; instead, they are maintaining a steady course. INN reports from Celent’s annual CIO roundtable event.

A transitional, if not transformational, environment is afoot for the U.S. P&C industry in 2009, says Ernst & Young, but before carriers take steps forward, concerns must be dispatched.

While the cat bond market proved its resilience as the market absorbed the impact of concurrent financial and property catastrophes, notes a Guy Carpenter briefing, disciplined risk is called for in 2009.

The growing legal costs of an antitrust case are spiraling for both the chip maker and its insurer, American Guarantee, as the companies countersue other over defense cost payments.

The wholesale implementation of fair value accounting standards may lead to “toxic” label for performing assets, association says.

Designed to protect vehicle owners and stakeholders, the system will give law enforcement, state administrators and consumers access to vehicle information and histories.

Nationwide's structure for finance process and policy

In court documents, AIG says Starr International Co. has been using the stock to fund capital acquisitions, establish a charitable foundation and enter into insurance businesses in competition with AIG.

Watson Wyatt says international acquisitions can be the key to kick-starting growth in this recession.

A new initiative, Project SwipeIT, seeks to standardize machine-readable health insurance identification cards.

The new month brings speculation that the embattled outsourcer may have regained its customers’ confidence.

IDC reports Software-as-a-Service (SaaS) fits tactical needs of businesses; sales now projected to increase due to the economic slump.

The new form provides open perils coverage for agricultural, construction and other kinds of mobile equipment.

IBM will provide Grupo, one of the largest insurance companies in Mexico, with infrastructure and application outsourcing services.

Red Herring recognized Guidewire’s financial performance, innovation, management, global strategy and ecosystem integration.

Provisions in bill mandate health care coverage for retirees and push electronic health records.

Legislation will mandate health care coverage to low-income children.

BOTTOMLINE TECH COMPLETES AUDIT FOR LEGAL EXCHANGE

More than just a technology, enterprise content management is a business strategy to successfully drive insurers into the future.

A new system aims to coordinate state efforts to stymie fraudulent title applications for motor vehicles.

After public hearing, commissioners vote down plans to relax capital and surplus requirements.

Insurer needs regulatory ruling from thrift supervisor in order to tap TARP funds.

At a time in our business cycle when encouraging results seem elusive, Celent, with its model carrier program, has succeeded in focusing on the positive.