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The commercial lines carrier is the latest insurer to start a venture capital fund supporting insurance technology startups.

Lufthansa is facing possible financial claims from the families of victims, which legal experts have estimated at around $350 million.

Claims transformation is bigger than modernization, encompassing changes to the entire claims business model and philosophy rather than simply the day-to-day processes of claims operations.

GEICO and Progressive suffered the largest individual carrier dips in satisfaction, according to the ACSI report.

Innovations in security will be aimed at fortifying cloud services, big data, wireless communication and the Internet of Things (IoT), according to Frost & Sullivan.

IBM has been trying to lure customers to its analytics business with data from partners.

IBEXI has sold Sapiens IDIT suite for seven years, and will expand Sapiens ability to deliver products and services in the Asia-Pacific region.

Michael LaRocco helped found AssureStart, a commercial insurer with exclusive online distribution, before joining State Auto.

The offer, which would be UnitedHealth’s largest purchase ever, is 27 percent more than Catamaran’s closing share price of $48.32 on Friday.

When a busy winter meant independent adjustors' invoices were coming fast and furious, UPC Insurance collaborated with VIP Software to streamline the estimation and invoicing process.

A State Street survey finds insurance companies are more likely to be further along in becoming “data innovators” than their financial services counterparts.

When bad or unexpected or unusual things happen, the computer gives up control and hands it back to the now woefully unprepared occupant.

The superintendent of the state Department of Financial Services, said insurers must provide the information by April 27 and submit to examinations by the agency; 160 life, health and property & casualty insurers are affected.

The global insurer is the first insurance industry member of the U-M's Mobility Transformation Center Affiliate program

Progressive's decision to charge Snapshot drivers more if their driving data indicates higher risk has started the industry down a road of data-driven adverse selection.

CEO Glenn Renwick has said Snapshot could help the company encourage safer behavior and retain the most valuable customers.

What are the core software components in a big data solution that delivers analytics? Although requirements certainly vary from project to project, here are ten software building blocks found in many big data rollouts.

P&C carrier uses Valen Analytics’ data and predictive modeling to manage and drive underwriting profitability.

The whole point of core transformation is that changes at the micro level can be used as a stimulus for changes at the macro level.

For mid-tier insurers, happy and productive agents are a competitive imperative. Rob Shoenfelt, CIO of Celina Insurance Group, discusses agent-facing apps and the challenge of finding and keeping staff in smaller markets.