Insurance

Gina Boone will serve as the company’s chief legal officer, providing direction and oversight to regulatory and compliance initiatives.

Certification Commission’s research finds more than $700 million in funding for electronic health records (EHR) software and implementation costs.

The Association for Insurance Compliance Professionals has elected its 2008-2009 board of directors.

Dean Harring will oversee the claims operations for multiple QBE divisions, as well as create uniform standards between its individual claims units.

The result of a lengthy and intensive undertaking designed to create a new system, the release is constructed on new architecture designed to be flexible and scalable.

New system is designed to enable enrollment of any or all of an employer’s benefits, both core and voluntary.

Expanded reports are designed to provide outsourcing buyers with greater research.

The carrier was recognized for its ability to leverage technology to foster success in its corporate governance and customer experience programs.

The carrier will help the healthcare insurer automate clinical data collection.

A free online service provides necessary state-by-state hurricane-related bulletins and department of insurance compliance information.

The life carrier was honored for its commitment to educational and professional development.

Bill seeks to redress perceived tax advantage for foreign-based reinsurers.

Life insurance association says market turmoil underscores need for regulatory changes.

Opponents of the legislation claim enactment would hurt consumers.

Top leaders of both banking committees and representatives from both political parties emerged after three hours of negotiation to say they had worked out a final deal on a bill to create a facility to buy troubled loans.

Within five years, Everest Research projects spending for global business process outsourcing (BPO) by the financial services sector will reach US$145-$165 billion for India-based services, the hub of global sourcing for financial services.

Consumers boost ratings of life insurers’ Web sites slightly, but ranking is still below the overall cross industry benchmark.

Under the terms of the deal, interest will accrue at 8.5% above the rate of the three-month London Interbank Offered Rate, which is the rate at which banks lend to each other. AIG also will pay commitment fees.

Berkshire Hathaway also will receive warrants to purchase $5 billion of common stock with a strike price of $115 per share, which is exercisable at any time for a five-year term.

In its first-ever awards program, Fiserv recognized eight clients for their progressive use of technology.