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Claims severity is also on the rise, but trend between profit and non-profit types of organizations is narrowing.

Charging customers fees to conduct e-commerce is a bad idea and will create scrutiny and ill will; something insurance carriers always need to avoid.

New report examines how insurers can steel themselves for coming changes in the healthcare market.

New report examines how insurers can steel themselves for coming changes in the healthcare market.

In a new report, Aite Group offers a look at who is and isn’t buying life insurance, and for what reasons.

Craig Weber will take the helm as CEO of research and advisory services firm Celent, a division of Oliver Wyman Inc.

Insurance CIOs view many of their contributions to the organizations they serve as one of supporting new strategic initiatives, while the most important factor in CIOs’ ability to deliver on this value proposition is their relationship with business leaders. Such are the results of a new report, “Creating Enterprise Value as CIO,” issued today by New York-based research and consulting firm Novarica. The report targeted 111 members of its more than 300-member Novarica Insurance Technology Research Council, a moderated membership group of senior insurance IT executives from both the property/casualty and life/annuity sectors.

What would it look like for an insurer to do everything right with today’s technology?

Are the majority of insurance commercials trying too hard, and missing the point of marketing as a result?

Guardian Life Insurance is actively recruiting hundreds of business professionals looking for a new line of work.

Chartis has named Murli Buluswar its new Chief Science Officer, a newly created position responsible for establishing research and development operations that enhance the insurer’s global commercial and consumer business strategies.

Forrester's Global Tech Market Outlook for 2012 and 2013 finds the next 24 months marked by a pair of transitions: a temporary spending slowdown following a post-recession bounce; and an accelerating shift of spending from old to newer technologies.

Farmers New World Life Insurance Co., the primary life subsidiary of Farmers Group, is in production with LifeSuite Automated Underwriting solution, a product of StoneRiver Inc., an insurance technology partner with solutions across multiple business lines.

A survey at the Insurance Information Institute’s (I.I.I.) annual Property/Casualty Insurance Joint Industry Forum finds respondents somewhat sanguine about the industry’s financial prospects.

Although China's total insurance premiums in 2011 rose 10 percent to 1.43 trillion yuan ($226.64 billion) from a year earlier, many insurance companies have not kept up with "the profound changes in the external environment," according to the country’s regulatory body.

Oracle released the latest version of Oracle Insurance Revenue Management and Billing 2.2.4, a rules-based system that enables insurers to manage billing, payments and collections using a single solution. This updated version enables insurers to automate group and list bill reconciliation to help cut processing costs, improve productivity, and reduce revenue leakage with improved reconciliation accuracy.

As the industry faces shrinking distribution, profitable growth is a top priority for life insurance executives in 2012. This is the essence of LOMA's annual industry forecast, which includes the results of executive interviews conducted on topics such as sales, distribution, use of technology and social media, as well as the effects of regulation during the next 12 months. LOMA is an industry group comprising life insurance professionals.

The National Insurance Crime Bureau (NICB), a not-for-profit organization dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through data analytics, investigations, training, legislative advocacy and public awareness, is celebrating 100 years in 2012.

The potential commoditization of insurance products means companies need to focus on self-service Web presences.

Crump Insurance Services Inc. (Crump P&C) the property/casualty division of Crump Group Inc. has joined the LexisNexis Insurance Exchange.