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21st Century, Argo, Infinity, EMC, Manulife, Tower and XL Group all released their second-quarter results.
August 10 -
A new chief audit executive and VP of insurance operations systems head the list of eight executive appointments.
August 10 -
Multiple billing systems to be consolidated to cloud-delivered STG Billing solution.
August 10 -
With the acquisition of Harris, Rothenberg International Inc., the health insurer expects to expand its employee assistance program and work-life offering.
August 10 -
Tom Barta shifts the focus of his office while Erik Helding receives a promotion to SVP, treasury and investor relations.
August 10 -
The specialty insurer looks to the claims management software to support its goal of increasing effectiveness and efficiency of payments.
August 10 -
The showdown came at a hearing held by the National Association of Insurance Commissioners on the controversial product, which is a kind of property insurance policy that banks purchase when mortgage borrowers stop paying for homeowners insurance. Banks receive a portion of the premiums through commissions, reinsurance deals and other payments from the specialty carriers that offer it.
August 9 -
Michiel van Katwijk will be CFO for the Americas, and Darryl Button will become EVP, head of the corporate financial center.
August 9 -
IT projects tend to become riskier as the size of the project increases, to combat this, insurers should consider "chunking."
August 9
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New survey hints that organizational understanding may be more important than appropriate technology products when it comes to gleaning social insights.
August 9 -
International regulatory measures, including Solvency equivalency, highlight the AIAs talking points heading into the weekend.
August 9 -
After purchasing ClaimCenter from the provider five years ago, the insurer is also implementing Guidewire's billing, client data management and policy administration systems.
August 9 -
Coverage Counselor is designed to help consumers understand how their personal circumstances impact their insurance premium and enable them to compare different levels of coverage.
August 9 -
One way to practically screen for potentially significant threats is to evaluate prospective ones against an insurer's exposure concentrations.
August 8
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In July, severe drought and heat waves effected great swaths of the United States, causing billions in insurance losses, according to Aon Benefields July 2012 Global Catastrophe Recap. Up to 64 percent of the continental United States is experiencing at least moderate drought, according to the National Climatic Data Center, and half of all U.S. counties have been declared disaster areas.
August 8 -
The Innovation Group plc released a new version of Insurer Analytics, which includes new functionality for policy analysis, insurance analytics, usability and extract/transform/load (ETL) process. The new version is designed to enable users to measure, monitor and manage and uncover insights and opportunities.
August 8 -
Spreadsheet Workbench purchased by insurer in an effort to meet Solvency II requirements.
August 8 -
Company expands executive risk claims team in Atlanta office.
August 8 -
The number of insurers looking to increase staff is now at the highest level since July 2009, according to The Mid-Year Insurance Labor Market Study, produced by Jacobson Group, an insurance staffing company, and Ward Group, an insurance consultancy. The majority of insurers, 54.5 percent, intend to increase staff this year, compared to 51 percent in January; and the number expecting to increase revenue is 78.4 percent, up from 69 percent for the same period.
August 7 -
Insurance is among the industries found to have significant scanning requirements due to a continued reliance on paper, according to a recent survey.
August 7