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The Xerox name is generally well known. And now, Xerox Corp. may become even more well known in the insurance industry, as it signed a definitive agreement with Affiliated Computer Services Inc. (ACS) to acquire the business process outsourcing (BPO) firm.

A decline in investment gains seems to be the driver of private U.S. P&C insurers’ poor first-half net income numbers. Net income after taxes fell 59.3% to $5.8 billion in first-half 2009 from $14.1 billion in first-half 2008. P&C insurers’ net investment gains—the sum of net investment income and realized capital gains (or losses) on investments—fell 50.2% to $12.4 billion in first-half 2009 from $24.9 billion in first-half 2008, according to ISO and the Property Casualty Insurers Association of America (PCI).

One of the best things about covering the technology industry is that one doesn’t usually have to sully oneself with the hogwash that passes for discourse and wisdom among our nation’s politicians.

Association cheers legal ruling in Michigan.

The National Association of Insurance Commissioners (NAIC) is denouncing marketing efforts by insurance companies aimed at shifting the debate over Medicare Advantage.

iPipeline, www.iPipeline.com a provider of on-demand software that supports marketing, selling, and processing solutions for insurance carriers, distributors and producers, announced the release of its Illustration Suite powered by COSS. The release, made available September 1st, provides agents with improved selling power through new needs analysis and advanced sales concepts and application enhancements. Top carriers and their distributors and agents rely on iPipeline’s Illustration Suite for its power, ease of use and simplicity in comparison to competitor products that are typically complex and difficult to use. Illustration Suite integrates with iGO e-App, an intelligent fillable form, for the seamless transfer of information to accelerate the application process.

Discoverture Solutions (Discoverture), .a Phoenix-based insurance industry-focused IT solution and service provider, is pleased to announce the company's software development center achieved a CMMI Maturity Level 3 rating during a recent appraisal.

The online service launches health insurance Web site for university students.

The Profit Sharing/401k Council of America honored MassMutual for sponsoring a two-part documentary on the retirement challenges facing Americans.

The Independent Insurance Agents & Brokers of America of New Jersey is recognized for its contributions to education.

One of the most contentious subjects broached at the National Association of Insurance Commissioners Fall 2009 meeting was the issue of a public catastrophe model.

Testifying before the House Small Business Committee, J. Douglas Robinson, chairman and CEO of Utica, N.Y.-based Utica National Insurance Group, said efforts to rein in the excesses of Wall Street firms might adversely impact smaller insurance companies.

The National Association of Professional Insurance Agents (PIA) is expressing gratitude for an amendment that counters efforts to exclude independent agents from the health care exchanges envisioned in America’s Affordable Health Choices Act of 2009 (H.R. 3200).

Insurance IT Budgets: It’s a tricky time for those who must make plans for next year, but where should insurers draw the line between caution and boldness?

While endorsements of an optional federal charter for insurers were easy to come by during the previous administration, the Obama administration has largely avoided offering an opinion on the controversial issue.

Photos from INN’s Women in Insurance Leadership Forum.

Now’s the time for life insurers to target consumers, as Americans show increased interest in financial protection, according to surveys.

Association says their proposal offers a more comprehensive solution to cross-border reinsurance transactions.

While the universe of financial services regulation is in flux, one key component, a proposed consumer financial protection agency (CFPA), is taking shape. The CFPA will have a mandate to set rules governing all financial institutions,

StoneRiver, a provider of technology and strategic solutions for the insurance industry, announced the recipients of the Excel Awards during their annual Client Conference, being held this week at Lowe’s Portofino Bay Hotel in Orlando, Florida. In recognition of their unique innovation and leadership, nine clients were honored for their accomplishments with awards in five categories.