The Latest

  • Society Insurance, a provider of workers’ compensation insurance, has selected CSC’s comprehensive legal management software, Legal Solutions Suite, as a Software as a Service (SaaS). Society will access the CSC-hosted offering online to improve consistency in legal matter planning and bill review.

    December 1
  • A comparison of third-quarter data from 2009, 2010 and 2011 reveals a notable increase in the number of questionable claims submitted, according to a new report issued by the National Insurance Crime Bureau, Des Plaines, Ill. In its third-quarter 2011 questionable claims (QC) referral reason analysis, the Bureau examined six referral reason categories of claims—property, casualty, commercial, workers' compensation, vehicle and miscellaneous—for the quarters listed above.

    November 30
  • A recent study of IT spending among small businesses (from $40 million to $350 million in annual revenue) reveals that the budgets will grow slowly. The report—“IT spending and staffing forecast for 2012”— from Computer Economics predicts IT operational budgets should grow about 2.0 percent at the median for small organizations and 0.5 percent for medium ($350 million to $1 billion in revenue) and 0.8 percent for large (revenue of $1 billion or greater) organizations. Growth in the financial services sector, including banks and insurance companies, is weaker than other sectors—health care, professional and technical services, and distribution and manufacturing—but the net trend is still positive.

    November 30
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  • Aviva Canada Inc., a P&C insurance group, has chosen communic8 as its broker integration hub. The iter8 connectivity hub product will expand its presence within the insurer's IT infrastructure to include uploads from multiple broker management and bridge systems, enabling a one-and-done broker workflow.

    November 30
  • It’s no secret that the Green Bay Packers are chasing perfection this season. But what many might not know is that they are quietly leveraging their success to help bring health tips to fourth grade classrooms across the state of Wisconsin.

    November 30
  • Properly going through the steps leading up to an IT project, means that by the time actual work begins, the battle should be more than half over.

    November 30
  • Foreign insurers are meeting a wall of resistance as they try to penetrate the Chinese market, new analysis from Moody's indicates.

    November 30
  • Where do you draw the line between distributed servers and mainframes? Is there even a line anymore?

    November 30
  • XL Group announced yesterday that EVP, strategic growth Greg Hendrick will serve as CEO of their insurance segment as of 2012.

    November 30