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U.S. commercial lines insurance underwriting performance also improved moderately last year, according to Fitchs review of initial industry financial results for 2012, indicating that a market turn is taking hold, citing a second year of material premium growth and signs that loss ratios reached a cyclical peak in 2011 as indicators.
April 8 -
Nearly all claims solutions are noted as offering the 14 basic kinds of functionality, as well as many of the 11 kinds of advanced and additional functionalities.
April 8 -
For the first time since the dot com bust, Jancos metrics show that hiring by CIOs is at a standstill there is a high degree of uncertainty in the economic climate.
April 8 -
Insurer invests in policy admin overhaul, including underwriting, billing and claims management.
April 5 -
Actions against four large mortgage insurers is only the beginning as the Consumer Financial Protection Bureau looks to squash deals between reinsurers and mortgage insurers.
April 5 -
Bad driving habits and trends are diminishing among teens, according to a new report on teen driver safety released by The Childrens Hospital of Philadelphia (CHOP) and State Farm. From 2008 to 2011 the number of teen passengers killed in crashes not wearing seat belts decreased 23 percent, the number of teen passengers driven by a peer who had been drinking declined 14 percent, and 30 percent fewer teen passengers were killed in crashes involving a teen driver.
April 5 -
Commercial rates increased 5 percent, while personal lines prices were up 4 percent last month, according to MarketScouts monthly Market Barometer.
April 5 -
Less than a month after releasing a report that pointed out the soaring sales of cyber insurance, Marsh announced today that Matt McCabe, a former congressional advisor on cyber security, has joined Marshs growing Network Security and Privacy Practice as an SVP. In his new role, McCabe will be responsible for advising clients on emerging cyber security trends and issues and ways in which they can address their unique data and privacy needs.
April 5 -
PolicyCenter, BillingCenter designed to leverage automated underwriting rules and increase real-time functionality.
April 5 -
How one insurer adopted 'ERP for IT' to build repeatable, business-savvy processes.
April 4
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As the system gains acceptance, regulators expect major expansions to the use of LEIs in an effort to gain insight into the connectivity of financial systems.
April 4
Deloitte -
Big data maturity levels among insurers are perfectly split, according to the report, with 25 percent falling under each category: exploring, experimenting, deploying and expanding. This means the insurers find themselves a little ahead, as 38 percent of banks surveyed are reportedly still exploring big data while only 13 percent are expanding its use.
April 4 -
While 40 percent of Americans expect health care reform to have a major effect on their lives, 90 percent dont know when the new exchanges will open, according to a new study.
April 4 -
With questionable claims numbers and fraud costs expected to grow through 2016, Aite Group outlines emerging techniques and technologies to stem the tide.
April 4 -
Company launches Bolt Platform, an online sales and client service platform, is designed to make real-time access available to all stakeholders.
April 4 -
Center of Excellence designed to bring analytics into companies' everyday decision-making processes.
April 4 -
The partnership is planned to enable PilotFishs XCS eiPlatform and Adminovates forwardPAS products to be simultaneously deployed, enabling drag-and-drop creation of data movements through the administrative platform.
April 3 -
Online billing system, developed with Guidewire, offers multiple payment options, combined billing and other features intended to build relationships between agents and customers.
April 3 -
Starting in 2014, workers at companies with fewer than 100 employees were supposed to have been able to choose from a variety of health plans through new small-business insurance marketplaces.
April 3 -
New version designed to complement governance, risk appetite measurement and assessment services.
April 3
