Erie uses CSC’s Series II to manage policy administration for its P&C lines of business and has been taking advantage of product enhancements, including straight-through processing, XML adapters and 24-7 availability. CSC claims that by choosing a strategy to leverage its current systems, Erie is able to improve the pace of the business benefits resulting from these enhancements, while avoiding the expense of a full system replacement.
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Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
9m ago -
The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
18m ago -
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
April 24 -
The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.
April 24 -
Fortune and Great Place To Work analyzed 1.3 million survey responses, ranking the best companies in the U.S.
April 24 -
"Lax regulation and monitoring of property insurers makes Florida mortgage markets far more exposed to climate risk than people might think," said Parinitha Sastry, an author of a working paper by researchers at Harvard University, Columbia University and the Federal Reserve.
April 24