After months and months of negative news about the economy’s effect on the insurers IT budgets, a report surfaces that U.S. insurer CIOs’ economic fears are receding as they plan for 2010 IT spending.

According to a new report from research and advisory firm Novarica, based on a survey of 50 insurer CIOs and senior executives during late July/early August, the focus will turn to supporting growth and improving operational efficiency for 2010.

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