Insurance

Industry weighs in as legislators seek long-term fix to the troubled National Flood Insurance Plan.

Cambridge, Mass.-based Pegasystems Inc., a provider of business process management (BPM) software, has acquired Cupertino, Calif.-based Chordiant Software, Inc., a provider of claims management and business acquisition software to the insurance industry.

Blue Shield of California will identify on its Web site physicians in the state who score above average in up to eight quality measures.

While mainframes are still both viable and valuable, perhaps the key to this semantic pretzel is that the needs of the business must come first, and executives shouldn’t rush to adopt new systems simply because they're the latest-and-greatest new tech.

Pharmacists Mutual pointed to the 2009 H1N1 flu outbreak as the catalyst for seeking a unified communications system.

WorkCenter Loss Total 4.0 combines Mitchell’s processing solutions with J.D. Power’s data analysis and pricing capabilities.

Sixteen percent of Americans online are responsible for 80% of brand impressions in online social media; insurance marketers should take heed, Forrester says.

Gene Berry will continue to build and develop the OneAmerica’s IT strategy.

RiskRover records addresses and GPS coordinates, takes photographs and translates the info into risk models all on a mobile device.

With consumers using digital tools to search for information before making an insurance purchase, insurers must plan accordingly, a new report says.

The companies will join expressor’s semantic data integration system to Attunity Integration Suite.

A.M. Best upgrades Grain Dealers Mutual Insurance and affirms Missouri Employers Mutual Insurance, while Moody’s affirms Unitrin’s senior debt ratings.

AIG may pursue Goldman Sachs on losses from $6 billion of insurance deals similar to those that prompted the SEC's recent fraud charges against the bank.

NAIC, ISO and NICN announce streamlined reporting process.

A university study implies that young people are just as concerned as baby boomers about online privacy, but the details tell a different story.

New York City agents vote to bring suit over compensation rules, arguing that the rules should apply to the time of sale, “not when quoting the account.”

Fitch Ratings concludes that most companies experienced solid operating earnings and a significant recovery in investment portfolios in 2009. However, the industry still faces continued earnings and capital pressure.

Insurer says HP Exstream offers interactive and real-time capabilities that allow for convenient distribution of documents to policyholders.

Starting slowly and establishing best practices from the outset are two keys to mitigating cloud computing's risks.

New features of the updated insurance-linked security portfolio, Miu, include a stress test to calculate the impact of multiple historical events, and more in-depth information for each bond.