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Incorrect information from the Centers for Medicare and Medicaid Services led to the decision, insurer said.

Change is occurring faster and faster but all you keep hearing is "BUT Insurance is Complex". The complexity should never be a barrier to innovation, but just the opposite - the driver for innovation. It's time to drop the crutch and embrace the change.

McKinsey’s prediction that the local independent agencies are declining glosses over important distinctions between business models and value propositions, says agency association’s CEO.

During the quarter ended September 30, insurance underwriters announced or completed 20 deals, vs. 35 in the year-ago quarter with no single transaction exceeding $1 billion, according to SNL Financial data.

The services and solution are intended to automate and streamline the insurer’s administrative processes on New York’s exchange.

New version of Financial Crime Risk Management platform is designed to support automated generation of suspicious activity reports.

Third-quarter net income decreased to $232.4 million, or 39 cents a share, from $277 million, or 46 cents, a year earlier.

The landscape is littered with applications that were promising when they entered development, but as technologies have become "consumerized," state of the art is an even faster moving target.

Knowing file sizes, the volume of your application network, and plans for the future are on a list of tips and questions insurers should know and ask when considering a move to the cloud.

Underwriters continue to view merger objection claims and regulatory investigations as top concerns.

An influx of alternative capital is driving down property rates, according to Willis Group Holdings; many commercial casualty lines of business likely to experience rate increases.

We live our lives immersed in technology, and over time, we’ve come to think that anyone can do this sort of thing. But IT is hard.

Anat Veader is promoted after overseeing a legacy data migration and platform implementation project.

Late next year, the International Association of Insurance Supervisors will implement capital rules for the insurers deemed systemically important, currently including MetLife, Prudential, Axa, AIG and Allianz.

New policy administration system deployed for initial two lines, whole and term life, in a multi-phase process.

Wolters Kluwer’s annual list of compliance issues for both P&C and life/health insurers highlight the difficulty of keeping up with regulatory changes for claims, underwriting and distribution processes.

The updated platform is designed to provide agents with several real-time quotes.

Acquisitions are a part of the personal insurer's strategy to grow in the states of Texas and New York.

Insurers are receiving files from the exchanges that they are unable to open, or that are missing too much data to process.

Some medium-sized, publicly-traded insurers are encountering operational challenges and could be sold, restructured or placed into run off, according to MarketScout.