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New Yorkers, especially those who live in New York City, are being victimized by auto insurance fraud, which industry groups say has reached crisis levels. Yesterday, insurance industry proponents of reforms were scheduled to voice their concern about the ongoing problem.
April 27 -
SEC says controversial section 404(b) is not prohibitively burdensome to mid-sized companies.
April 27 -
FINRA last year advised brokers that social media content falls under regulatory requirements for record-keeping.
April 27 -
Technology should enable complete automation of underwriting to the point where getting insured is a simple plug-and-play process, but will that happen?
April 26
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Aon, Crump, Cincinnati Financial and Kingsway Financial all announce new executive-level hires.
April 26 -
Guide is intended to help producers understand the complex federal law, enabling them to better help their clients' FMLA compliance efforts.
April 26 -
SCOR agrees to acquire Transamerica Re from AEGON, and AIG awaits regulatory approval on the divestiture of its Taiwan unit.
April 26 -
Chevrolet Volt and Nissan Leaf earn highest safety ratings from the Insurance Institute for Highway Safety.
April 26 -
However, the index remains in negative territory, as rising fuel costs have concerned many Americans, Bloomberg says.
April 26 -
The effort by commercial lines underwriters to hold the line on premiums gave way under the pressure of a highly overcapitalized market in the first quarter of 2011, according to the RIMS Benchmark Survey. The survey tracked property, workers’ compensation, D&O and general liability. Administered by insight services provider Advisen Ltd., the survey results posted material decreases in average renewal premiums in three of four lines of business tracked.
April 26 -
Business intelligence spending slated to increase in 2011; demand is up, resources are down, according to study.
April 26 -
While the number of records breached dropped from 2009, the overall number of breaches rose to its highest-ever level.
April 25
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Oracle is throwing some cold water on the NFC hype; says techs performance too slow to be workable as an instant enabler of contact-less payments.
April 25 -
New report forecasts firming of pricing in property/casualty commercial lines by 2012.
April 25 -
Too many agents are self-oriented, focusing on products instead of on client needs, expert says.
April 25 -
A Deloitte study suggests leveraging analytics and investing in technology as two of the ways to enhance claims management for P&C insurers.
April 25 -
Life insurers may benefit from this trend if they provide products that meet consumers' demands, according to a Northwestern Mutual Life study.
April 25 -
Despite the highly publicized breach, Alliance Data's Q1 net income surged 85% to $86.4 million, from a year earlier.
April 25 -
Gartner study identified cloud computing as the top strategic technology investment for CIOs.
April 25 -
Markel Direct to offer clients new product innovation, increase share of the business insurance market.
April 25