Insurance

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.

A coalition of industry associations is working to scuttle an amendment to financial reform legislation that would strip health insurers of anti-trust protections currently enjoyed under the auspices of the McCarran-Ferguson Act.

ForceField suite offers six coverage components with the option to purchase separate standalone products or a complete insurance package.

Progressive named Joanna Wright of Harvey Monteith Insurance the winner of its contest.

Insurer looks to bring investment capabilities of Sun Life’s Boston-based asset management arm to Canadian retail investors.

Alterra Capital Holdings sees favorable ratings following merger, Farmers Union Mutual Insurance Co. and First Chicago Insurance Co. downgraded.

Insurers must ask themselves ‘What?’, ‘When?’ and ‘Why?’ while defining their cloud adoption strategy.

Costas Miranthis will succeed Patrick Thiele as CEO, effective Jan. 1, 2011.

SAP's pending acquisition of Sybase is designed to offer improvements in transactional and analytic applications as well as enhanced mobility, messaging interoperability and content delivery.

Allianz SE, The Hanover and Nationwide all see net income growth over this time last year.

Kognitio’s Data Warehousing-as-a-Service program compares historical and current price points using Quomation technology.

Branded Marketing LLC is trying to combat churn by offering free Chubb insurance policies to users of its prepaid MasterCards.

The boundary between where social networking for an employer stops, and personal networking begins keeps getting fuzzier and fuzzier.