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New survey shows savings from cloud computing are barely making a dent in corporate IT budgets. Is it time to rethink the approach?

GlobalOptions will serve as the Special Investigations Unit (SIU) provider to Argo Group US Inc., an international underwriter of specialty insurance and reinsurance products to P&C markets, and its subsidiaries.

JEVCO Insurance Co., a specialty insurer, is in production with ClaimCenter, the claims management solution from Guidewire Software, a provider of core system software to P&C insurers.

Talend, an open-source software company, says BF&M Insurance, a Bermuda insurance group, has added ESB Enterprise Edition to its portfolio of Talend integration solutions.

Agencyport Software (formerly Sword Insurance), a provider of software and services to the global insurance and reinsurance industries, has released the latest version of its automated solution for migrating entire books of business, BookSmart 2.3.

EagleEye Analytics Inc., a provider of predictive analytics solutions to the insurance industry, has appointed Roger Burkhardt as president and CEO. EagleEye says that, after successfully establishing itself in the market, the company now is launching into the next phase of growth and bringing in a proven CEO to lead this effort.

The Property Casualty Insurers Association of America (PCI) responded to the U.S. National Transportation Safety Board’s (NTSB) call for a national ban on the use of cell phones while driving by commending the attention being given to the issue of distracted driving. The association also asserts the fact that cell phones are only one source of distraction for American drivers.

Swiss Re predicts that 2011 will rank as the most expensive year ever for the insurance industry. The insurer's sigma team estimates total insured losses for the global industry from natural catastrophes and man-made disasters will reach $108 billion. This is more than double 2010’s losses, which were $48 billion.

After its first public event, the magnitude of the task facing the Federal Insurance Office becomes apparent.

The National Flood Insurance Program (NFIP) may be heading for another lapse, subsumed in high-stakes political brinkmanship.