Insurance

To buttress its balance sheet, the insurer is accepting $3 billion euros from its government.

The new building features energy-efficient heating, cooling and lighting systems, special plumbing to reduce water use and an irrigation system using reclaimed water.

The new operation will serve the Southeast region under the supervision of director Mark Poisson.

At the Casualty Loss Reserve Seminar attendees listened to actuarial experts discuss the effect increasing workers’ compensation medical costs will have on P&C insurers.

Conducted before the economic crisis, an ERM survey reveals that carriers face substantial work in incorporating risk management into business processes and decision-making.

New guaranteed income products can bridge retirement security gap and win assets and fees, notes Conning Research.

Wells Fargo & Co.’s deal to acquire Wachovia Corp. has not stopped Wells from launching new investment products, including a new socially responsible fund.

Industry will fight regulatory battles on several fronts, association head warns.

Insurance association says that the industry is well capitalized and should forego aid from the government.

Students of African, Asian/Pacific Islander or Hispanic descent who reside in the Atlanta, Houston, Los Angeles and San Francisco metropolitan areas can apply for one of 12 $5,000 college scholarships.

Algorithmics has been selected as the winner in two different categories: functionality and innovation.

Key challenges include administrative hurdles and providing clear, easy-to-understand information to employees.

The retirement solutions association new service is designed to provide implementers of the STP Standards Initiative with an easy-to-use tool to expedite the testing of electronic data messages against a neutral, standard reference system.

In light of the financial services meltdown, a report says insurers should augment their governance, risk management and compliance capabilities to prepare for coming regulatory changes.

Data center pros say their organizations are unable or unwilling to meet the expectations of their green initiatives, according to a new study by Aperture Research Institute.

Topics address two critical issues facing the insurance industry: the credit crisis and new business models in new markets.

Insurer voting is in progress as INN and Celent partner on INN’s 3rd annual ranking of tech solution providers.

Katherine O’Brien was promoted to first VP and chief diversity officer, while Dorothea Rodd and Gayle Yeomans were been promoted to first VP of their respective offices.

Association letter says that financial crisis reaffirms efficacy of state-based regulation.

The solution provides life insurance agents with access to mission-critical business processes for policy placement in a completely electronic environment.