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While many IT professionals would argue that lean, agile and CMMI are mutually exclusive, Guru Vasudeva, SVP and CTO of Nationwide, says otherwise.
September 11
Insurance Networking News -
The last five years find the P&C sector performing below industry averages, according to a new report from Fitch.
September 11 -
The U.S. House of Representatives overwhelmingly approved the bipartisan insurance agent licensing reform bill, also known as the National Association of Registered Agents and Brokers Reform Act of 2013 (NARAB II), by a 397-6 vote.
September 11 -
The federal case, thus far, involves 41 North Carolina tobacco farmers, as well as insurance agents and claims adjusters.
September 11 -
USAA, a direct seller and one of the first insurers to adapt to social networking, is also, according to J.D. Power, the most trusted brand in the industry.
September 10
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Todd Greeley, former CNA VP, hired to work closely with underwriting, brokers and customers
September 10 -
Modeling firm looks to a more comprehensive use of exposure data and analytics in an attempt to improve workflows.
September 10 -
Ovum says budgets will increase 6.5 percent CAGR over the next four years as insurers shift to growth strategies from cost-cutting.
September 10 -
In a new FICO survey, 31 percent of insurers said fraud accounts for as much as 20 percent of claims costs.
September 10 -
Acquisition of agency and provider intended to strengthen NFP's P&C West Coast presence.
September 10 -
Under the deal, Chase agreed not to take commissions or engage in certain reinsurance arrangements with Assurant for six years.
September 9 -
Operational efficiency and underwriting discipline are crucial for growth and therefore are dictating commercial lines carriers technology purchases, according to a report from Novarica.
September 9 -
In the past 18 months, an estimated $10 billion of new capital has entered the reinsurance market and changed the nature of the sector's capital structure, according to Capital Stewardship: Charting the Course to Profitable Growth, a mid-year market report from Guy Carpenter.
September 9 -
Commercial insurance prices rose 6 percent, continuing the trend of steady increases, according to a recent Towers Watson study.
September 9 -
The eighth tropical storm of the season could become its first hurricane by Wednesday; if it doesnt, it will be the first time the industry hasnt seen a hurricane hit land by mid-September.
September 9 -
The Montpelier Risk Institute is partnering with researchers from Canada and Europe in an attempt to keep up with evolving risks, such as climate change.
September 9 -
Kaiser Permanente and Prudential rank in the top 10 of LATINA Style magazine's 50 Best Companies for Latinas list.
September 6 -
Software providers unify user interfaces and increase focus on business intelligence.
September 6 -
Reinsurers are under pressure to shore up earnings hurt by disaster claims and low interest rates.
September 6 -
BriteCore, a policy administration system, is now supplemented by policy forms and rating information from the American Association of Insurance Services.
September 6