Insurance

Actuaries propose metrics as regulators here and abroad work to determine which companies pose a systemic risk.

Questionable claims rose 23% from 2008 to 2010; California, Florida, Texas, New York and Michigan generated 49% of those.

John Hancock Launches Consolidation Services Unit

While mutual fund companies in general are not embracing mobile technologies to the degree that banks, credit cards and self-directed brokerages are TIAA-CREF and Vanguard stand out in terms of offering research and trades via mobile devices, according to Corporate Insight.

Insurers will benefit from “better, cheaper, faster” initiatives tied to hosted services by taking a thoughtful, common sense approach.

Nearly 60% of Americans aged 50 and older worry about long-term care costs and don’t feel confident that they’ll be able to meet those costs; only 16% feel financially prepared to finance their long-term care, according to Sun Life Financial survey.

IT and business disciplines divided at universities, contributing to shortage of rounded knowledge workers, study finds.

McKesson expects to be able to bring to the market a full continuum of automated decision support.

Jim Lyday to lead growth for the distribution of Defined Contribution business in full-service, mid- to large-employer retirement plan market.

Heitz retires; Miller to lead sales and distribution.

New version designed to expand localization options for global and regional insurers, facilitate compliance, reduce risk.

Board approves plan to convert CUNA Mutual Insurance Society from mutual insurance company structure to mutual holding company structure.

Insurers testify that long-term reauthorization of NFIP is vital.

USAA's corporate culture fostered on the inside is reflected out to the market.

The bottom line message for insurers and others in IT is to better manage cost controls, customers and efficiencies in supply chains help to meet business needs.

Once master data management becomes a reality, companies that hope to truly leverage it will need a tool that marries different platforms, different architectures and different brands of MDM.

The Netezza release is specifically meant to tackle growing data sets from regulatory and compliance requirements in industries such as banking, insurance, health care and communications.

Allstate Files Million-Dollar Insurance Fraud Case in New York

The big economic question of the day has major implications for sellers of annuities.

It pains me to have regular conversations with industry participants of all persuasions where we all agree that there is room for two big industry shows a year, but not within weeks of each other.