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While it’s widely understood that the fortunes of the insurance industry are intrinsically linked with the economy at large, a new study the National Association of Insurance Commissioners (NAIC) quantifies that connection.

Revolutionary violence, insurrection, strikes and war join terrorism as key threats to businesses, says reinsurance intermediary Aon.

The Economical Insurance Group has been named the winner of the 2011 Technology Innovation Award by the Insurance and Accounting Systems Association and Ward Group.

A.M. Best, Fitch Ratings, Moody’s Investors Service and Standard & Poor’s (S&P’s) released ratings updates. The following are some of the most recent:

Insurance Networking News presents a special edition of its INN Newscast, with exclusive coverage from day two of the 2011 IASA Educational Conference and Business Show. In this broadcast:• Craig Lowenthal, IASA’s 2011 president, discusses ways members can tap into IASA educational and networking offerings in order to energize their careers.• Aité Group Research Director Clark Troy advises insurers on growth-related technologies.• Insurer attendees reveal their top technology initiatives. 

Former Vice President Al Gore touched on everything from Moore’s Law to Minnie Pearl while pondering the impact of technology on the insurance industry, during his keynote address at the 2011 Insurance and Accounting Systems Association conference in Nashville.

The insurance industry faces the challenge of a decreasing workforce as older knowledge workers are preparing for retirement. However, there are ways insurers can attract the most promising young workers. 

When I heard that former Vice President Al Gore was speaking at this year’s IASA Educational Conference and Business Show, I expected political posturing and bloviation mixed with carefully chosen fuzzy bits of science. I was not disappointed.

Even his harshest critics will acknowledge that Al Gore has considerable insight and wide interests.

More than half of property and casualty insurance companies are implementing new policy administration systems, according to a survey by Ward Group. And almost half of them are over budget, as they proceed.

The thunderstorms that struck the United States from May 20 to 27 will result insured losses to residential, commercial, and industrial properties, as well as automobiles , of between $4 billion and $7 billion.

Cover-All Technologies introduced a suite of data collection and analysis software that can draw information from nearly any existing source in an insurance company.

StoneRiver is launching a new launch page.

Insurance Networking News is proud to present its INN Newscast. This special video edition will bring you exclusive coverage from day one of the 2011 IASA Educational Conference and Business Show.In this broadcast:• One solution to the growing problem of retiring knowledge workers in the insurance industry.• Novarica Partner Chad Hersh talks about steps to a mobile strategy.• Joe Pomilia, IASA’s executive director discusses what the WOW factor is for this year’s show.

Two Canadian P&C insurance companies combine forces, will generate internal rate of return of 20%.

STG Billing solution chosen for ability to support direct bill, agency bill and other unique billing requirements.

Strategic partnership to enable North American insurers to leverage Brovada's portal alternative solutions, drive straight-through processing.

Advancement of LifeSuite to open up new business, operational opportunities with time-saving features.

Wynsure users to receive updates of ISO rating data.

With an eye on cost efficiencies, including negotiations with health insurers, employers are making employees’ health habits a top concern.