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Sedgwick Claims Management Services purchased the unit for $278 million in cash.

Gartner predicts continued growth and increased deployment of social business technologies; cloud and SaaS remain keys to adoption.

Analyst flips the coin to uncover the biggest losers by market cap in 2010.

Perhaps no section of the law is more critical to that discussion than the Federal Deposit Insurance Corp.'s power to unwind failing giants.

Survey finds misgivings about annuities rampant in wake of financial crisis.

SSA & Co. predicts 2011 will feature more complexity in the insurance industry and less customer service outsourcing.

Bain elected will also serve as head of application development in the Corporate Information Department.

Deciding which financial firms beyond banks are systemically important is one of the biggest decisions still to be made by regulators under the Dodd-Frank Act.

A member of RIMS’ board since 2000, Scott Clark will succeed Terry Fleming as RIMS’ president.

Dailey, who is recognized for growing Farmers’ personal lines business, will be the company’s twelfth president.

Business intelligence and document automation solutions introduced for insurance companies.

California-based ArlenGroup is an employee benefits company serving mid-sized technology and professional service companies.

Insurer revamps website with research and tools to help employers manage the issue of absence administration.

New figures from PCI and ISO reveal a 62% gain in net income for P&C insurers.

New report highlights best practices for ensuring that projects come in on budget.

Paying attention to the signs and reacting properly will result in success.

A.M. Best affirms AIG’s P&C and life/health subsidiaries; Moody's affirms Fireman's Fund intercompany pool; Fitch affirms Lloyd's of London.

IIABA says removal of uncertainty going forward is key as President Obama signs extension of existing rates

With all the reports about how much insurers plan to spend on technology in 2011, little has been written about the impetus behind the decision. For carriers focused on compliance with regulatory bodies (which comprises the bulk of insurers), the strongest incentive for technology investments is risk management.

Association will focus first and foremost on working with regulators on implementation of the Dodd-Frank Act.