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Funds to help improve technology and teaching in computer information sciences.
October 5 -
Steve Thiel has been named as VP of actuarial reporting and analysis for Allianz Life Insurance Company of North America. Thiel will be responsible for reporting actuarial balances while analyzing the companys financial performance, and will oversee delivery of projects that drive financial stability and serve as valuation actuary to provide an ongoing assessment about the companys assets. He will report to Neil McKay, SVP and chief actuary.
October 5 -
Insurer deploys the Toughbook mobile computers in all 50 states, enabling appraisers to write estimates on site and upload reports.
October 5 -
David Blumer, Swiss Re's Chief Investment Officer has decided to leave the company, effective Nov. 1, 2012, according to the companys board of directors. A successor has not been announced.
October 5 -
Potential voluntary federal guidelines foretell a future that may require keeping a close eye on the balance between collaboration and control.
October 4
Speer Content Strategy & Development -
The U.S. property and casualty sector’s profits got a boost in the first half of 2012, largely as a result of underwriting improvements resulting from a quiet catastrophe year to date. According to ISO, a Verisk Analytics company, and the Property Casualty Insurers Association of America (PCI), private U.S. property/casualty insurers’ net income after taxes jumped to $16.4 billion in first-half 2012 from $4.8 billion in first-half 2011. Measuring insurers’ overall profitability as an annualized rate of return, policyholders’ surplus on average climbed to 5.9 from 1.7 percent.
October 4 -
Forecasted savings reached by 90 percent that adopt cloud technology.
October 4 -
Partnership to develop insurance solutions in the cloud.
October 4 -
More than half of U.S. insurers surveyed expect rise in personal property, workers' compensation and auto insurance fraud losses.
October 4 -
The global financial crisis and subsequent economic developments have brought to light critical weaknesses in existing hedge programs.
October 4
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New release to improve user interface and experience, implementation efficiency and maintenance.
October 4 -
Bob Cohen to lead efforts to expand State Autos commercial lines book of business.
October 4 -
Layoffs in its Innovation, Technology and Service Operations will be staggered into 2013.
October 3 -
The insurance industry relies on mainframes, but who will be running them?
October 3
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Based on a review of 35 major health plan websites, most issuers are still struggling to provide the Summary of Benefits and Coverage (SBC), even while the SBC provision of the Patient Protection and Affordable Care Act (PPACA) law took effect last week, according to Tyrula LLC. The law requires insurers to provide a paper SBC document within seven days of application, renewal, or the first day of coverage.
October 3 -
Solution to deliver mainframe data integration for Agile IT.
October 3 -
Program to provide review of building characteristics, factors that affect a building's wind resistance.
October 3 -
According to one Gartner analyst, precision, personalization and collaboration will motivate a new wave of business analytics.
October 2 -
The Federal Reserve sets January 5 as deadline for insurer to show it can handle severe economic stress.
October 2 -
Subscription service to track and review web resources for 16 providers of defined contribution plans, including ING, New York Life and Principal.
October 2
