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In its $7.4B bid for Sun Microsystems, Oracle plans to “redefine the industry.”

Industry veteran Gregory Raines will be responsible the firm's securities operations, including practice management, recruiting, rep relations and risk management.

Insurance technology vendors should heed these tips when working with the analyst community.

Former AIG Insurance Services Inc. president Anthony Galioto will become president, CEO and director of York Insurance Services Group, effective April 20, 2009.

Difficult economy not a factor in company’s ability to sustain steady growth.

New integrated product offering underwritten by Zurich North America takes features historically found only in large corporate programs and brings them to the middle market.

Fitch assigns Lincoln National Corp. a negative outlook, and Moody’s warns of further possible downgrades.

While Europe's Basel II regulations are still just for banks, insurers should take note and begin to prepare, as many of the changes may likely come to affect them in the near future.

Prudential Retirement is the first insurer to offer a product that combines target-date funds with annuities.

The Los Angeles-based multiple line insurer will broaden its personal lines, geographic scope with the $1.9B deal.

In a Benchmark Survey conducted by the Professional Insurance Agents Association, agency principals rated “adjust claims fairly” and “pays claims promptly” as the two top factors when evaluating an insurer.

The technology du jour may run into problems as insurers try to figure out just what it is.

Tests from the Insurance Institute for Highway Safety dictate that very small cars generally can't protect people in crashes as well as bigger, heavier models.

The insurer expects in 2010 to expand its benefits by offering online, real-time, face-to-face consultations with physicians.

Banking Committee likely to move left to bolster voter support.

Net income of $232.5 million in Q109 compares with $239.4 million in the same period in 2008.

When developing a multichannel distribution strategy, focusing on agent commission, lead generation distribution and communication can help prevent an agent revolt.

American Freedom, MEMIC Indemnity, American Independent Network Insurance of New York, Central States Indemnity of Omaha, West Bend Mutual, Lyndon Property Insurance and Columbia Insurance Group see ratings changes from A.M. Best.

Ernst & Young estimates the global Takaful market could expand to $7.7 billion by the end of 2012.

The CORE initiative seeks to build industry consensus on the tightening of the HIPAA standards to streamline health care financial/administrative transactions.