Subject Root Tag

The life insurer will implement PolicyHS to streamline change requests for inforce policies.

The Supreme Court case King v. Burwell, which challenges the legality of subsidies available for individuals purchasing health insurance on the federal exchange under the Affordable Care Act, could rock the stability of the health insurance market. Arguments will be heard today.

P&C insurer will implement InsuranceSuite and DataHub; PwC to assist with implementation.

Two-thirds of insurance companies intend to increase staff in 2015, according to the “Semi-Annual U.S. Insurance Labor Outlook Study,” conducted by recruiting firm The Jacobson Group and industry benchmarking firm Ward Group. That is an increase of eight points since the July 2014 survey and the highest rate since 2009, when the survey began.

A process is also in the works to provide funds to homeowners who disputed insurance payments without suing.

Genworth is struggling to contain the damage and on Monday warned of a “material weakness” in some of its accounting.

With fewer recent CAT events, insurers have been applying lessons learned to managing non-catastrophic claims, according to a survey from J.D. Power, resulting in the third-consecutive year of higher customer claims satisfaction.

A growing number of New York and New Jersey homeowners have accused insurers of rejecting or underpaying flood-insurance claims based on falsified engineering reports.

Financial leaders offer comments and remembrances; Benmosche’s career brought him to Chase Manhattan Bank, PaineWebber, MetLife and AIG.

The company also put out a HITECH Act notice over the weekend detailing the identity protection services it will provide affected customers.

Andrew Rose, CEO of aggregator Compare.com, says his company's mission is to provide a lifeline to small and midsize insurers who are trying to compete with the massive marketing budgets of the largest carriers.

Policy admin system chosen for ease of integration and speed of implementation, insurer says.

Deployment rates have grown in the year since Novarica’s last study on these topics.

Benmosche came out of retirement in August 2009 to take over a company reeling from losses on failed housing-market bets, and led the insurer for half a decade.

Winners will be selected based on their ability to develop products and services with the potential to bring significant innovation to the industry.

Kevin Counihan failed to directly answer other questions regarding re enrollments, tax data and if illegal immigrants were provided coverage.

Making policy information available to customers is table stakes for insurers. But there are other creative ways that carriers are leveraging the channel for increased engagement.

Demand for technology, claims and actuarial positions is skyrocketing -- but those positions are the hardest to fill, according to The Jacobson and Ward Groups.

Novarica research shows that nearly 40 percent of P&C and life/health/annuity carriers are currently replacing or planning to replace a policy administration system.

Quote data often is disregarded due to its volume, but properly managed can offer insights into product and pricing strategy, expense control, cross selling and upselling.