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Incorrect information from the Centers for Medicare and Medicaid Services led to the decision, insurer said.

Change is occurring faster and faster but all you keep hearing is "BUT Insurance is Complex". The complexity should never be a barrier to innovation, but just the opposite - the driver for innovation. It's time to drop the crutch and embrace the change.

McKinsey’s prediction that the local independent agencies are declining glosses over important distinctions between business models and value propositions, says agency association’s CEO.

During the quarter ended September 30, insurance underwriters announced or completed 20 deals, vs. 35 in the year-ago quarter with no single transaction exceeding $1 billion, according to SNL Financial data.

The services and solution are intended to automate and streamline the insurer’s administrative processes on New York’s exchange.

New version of Financial Crime Risk Management platform is designed to support automated generation of suspicious activity reports.

Third-quarter net income decreased to $232.4 million, or 39 cents a share, from $277 million, or 46 cents, a year earlier.

The landscape is littered with applications that were promising when they entered development, but as technologies have become "consumerized," state of the art is an even faster moving target.

Knowing file sizes, the volume of your application network, and plans for the future are on a list of tips and questions insurers should know and ask when considering a move to the cloud.

Underwriters continue to view merger objection claims and regulatory investigations as top concerns.