The Latest

  • Global professional services company Towers Watson has released updated versions of its RiskAgility MoSes enterprise financial modeling software and RiskAgility Economic Capital (EC) Aggregator software.

    January 9
  • This morning, A.M. Best made a number of announcements regarding the outlooks of many segments of the insurance industry.

    January 9
  • John Hancock Financial, a unit of Manulife Financial Corp., has entered the travel insurance marketplace, distributing products through a new website, www.johnhancocktravel.com, and through travel insurance comparison sites, such as InsureMyTrip.com.

    January 9
  • The top marketing executive at a sizable US retailer recently found herself perplexed by the sales reports she was getting. A major competitor was steadily gaining market share across a range of profitable segments. Despite a counterpunch that combined online promotions with merchandizing improvements, her company kept losing ground.

    January 9
  • A new report that provides an analysis of residential building codes in the 18 hurricane-prone coastal states along the Gulf of Mexico and the Atlantic Coast was released today by the Insurance Institute for Business & Home Safety (IBHS). The IBHS is an independent, nonprofit, scientific research and communications organization supported by the property insurance industry. Intended to increase the safety and integrity of structures, thereby reducing deaths, injuries and property damage from hurricanes and a wide range of other hazards, building codes are relied upon by property/casualty insurers as one of several pieces of data used to qualify risk.

    January 9
  • The U.S. insurance industry saw a 3.3 percent increase over November’s jobs figures, adding 3,300 jobs in December, according to the U.S. Bureau of Labor Statistics.

    January 9
  • Insurers are warming to the notion of standardized product approval according to a report from consulting and actuarial firm Milliman Inc.

    January 6
  • The U.S. Department of Health and Human Services has issued an interim final rule to require adoption of standards and operating rules for electronic funds transfer and remittance advice HIPAA transactions.

    January 6
  • As the New Year unfolds the insurance industry will double down on data, according to a new report from enterprise and application architecture consultancy X by 2.

    January 6
  • Insurance companies are now competing with start-ups and tech-savvy companies for a shrinking pool of IT talent.

    January 5