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David Woods, former NAIFA CEO, discusses the virtues of learned lessons and the flaws of asking for perfection.INN is pleased to present, with permission, this video from the Wealth Channel, an online resource for financial services professionals.

The industry's struggle to assess and implement the right technologies at the right time.

With the stroke of a pen on Saturday, President Obama signed a continuing resolution that bought the troubled National Flood Insurance Program (NFIP) another week of funding.

As IT budgets begin to recover, storage and file recovery are hot items.

Alliant Insurance Services, a specialty insurance brokerage firm, has hired Scott Ernst as VP of T&H Brokers in New York. Ernst specializes in technology, communications and media; advanced materials and manufacturing; and life sciences clients.

As the rulemaking phase of the Dodd-Frank Act continues, insurers are looking to shape the rules to determine which companies constitute a systemic risk to the larger economy.

Farmers Insurance was recognized for its claims handling system, which is driven by Pega technology from Pegasystems Inc., a Business Process Management (BPM) and customer centricity software company. The Workflow Management Coalition (WfMC) awarded Farmers a Silver Award as part of its 18th Annual Global Awards for Excellence in Business Process Management and Workflow.

Regardless of external factors, companies engaging in M&A activity generally outperform the Global MSCI Index by 2.9 percent based on year-to-date statistics from 2011.

The insurance industry experienced decent top-line growth, fairly resilient margins and increased capital management in 2011. Keefe, Bruyette & Woods expects it to continue into 2012 and stocks will be traded more in line with fundamentals next year.