Insurance

The Employer Wellness Solution is designed to lower absenteeism by helping employees to live healthier lives.

As legislators ponder lifting cap on damages resulting from oil spill, Senate Majority Leader Reid suggests abolishing it altogether.

Onus is on them to address the “elephant in the room,” manage reality-based models, and shape organizational culture in post-crisis world, says Swiss Re.

Religious funds have grown in the past decade due to a larger number, and wider range of investors, analyst says.

Life insurers are adjusting the way they calculate capital requirements a new study from New York-based Towers Watson finds. The report, Evolving Capital Management Practices, queried 30 CFOs and found they expect to make greater use of economic capital when determining capital requirements.

The amendment preserves state attorneys generals' role protecting their citizens against abusive practices.

Blue Cross Blue Shield of Kansas City’s integration of Tuo Underwriting system is part of a marketing strategy to leverage Tuo and Microsoft Dynamics.

Minneapolis-based Wolters Kluwer Financial Services reports that it will incorporate its insurance compliance information and analysis technologies with FINEOS Claims for Workers’ Compensation.

The company held a webinar to discuss the liability a company can face for an accident that occurred while an employee was driving distracted.

Facebook remains an intriguing channel and marketing tool for insurers, and this debate with regulators underlines just how important it could be.

Insurers must work harder to educating advisors on how their products work if they want to boost sales, LIMRA says.

S&P affirms Liberty Mutual Group Inc., A.M. Best downgrades Town and Country Mutual Insurance Co. and Moody’s upgrades Unum Group.

SMA report says agencies may open wallets to improve areas such as product development and premium volume rebounds.

After rebuilding balance sheets following a costly 2008, P&C insurers hope to not face further financial risks.

The question of how to handle security identification is a thorny one.

Insurers face an uphill battle when it comes to claims management, according to James Swayze, president and CEO of Symbility Solutions, Toronto. Swayze, who presented on the topic at the 2010 PLRB Claims Conference last week in San Antonio, presented results of a JD Power & Associates study that revealed 46% decline in client satisfaction scores for property claims between 2004 and 2008, and a rising claims process cycle time that averages 18.6 days to close.

A new Moody's report says favorable economic and capital market trends signal stability.

Ventana research finds 41% of respondents have a strong desire to improve BI and performance management in the areas of operations, finance and customer management.

LifeGuard Freedom 6 Net features a Joint Option to guarantee income for policyholders, and a 6% bonus for the first 10 years if no withdrawals are made.

The Personal Lines Growth Alliance provides education about the personal lines market, which could infuse the independent agent channel with premium and commission dollars.