Core systems

The SaaS-delivered software is designed to increase automation and handle all future core administrative needs.

Steps for Insurers to Address the Aging IT Workforce

California, which has now enrolled almost 80,000 people in health plans, is joining New York, Washington, Minnesota, Vermont, Massachusetts and Rhode Island in refusing Obama’s call to ask insurers to extend canceled plans for a year.

A Fortune 500 banking and insurance provider known for its superior customer service realized that they lacked an understanding of how work was being processed in their middle and back-office operations. Learn how they gained visibility of their data into their customer service operations; improved productivity and throughput; realized a 10% improvement and $5 Million in savings in one year.

As insured loss estimates begin to emerge, State Farm, American Family Insurance and others are leveraging technology at the disaster zones to help customers file claims and schedule inspections.

Only three of Moody’s 19 rated companies reported lower operating earnings in Q3 2013 compared to the prior year.

California, Texas and Colorado are at the top of the list due to the number of households, but another state has the highest percentage of households at high or extreme risk from wildfire.

“This meeting has not been discussed in any meaningful way with the entire membership of the NAIC nor have we worked to build consensus among the members on what our positions will be,” six absent state commissioners wrote in a letter.

Swiss Re, the world’s second-largest reinsurer, said in an e-mailed statement today that it will buy a 4.9-percent stake in New China Life for $493 million.

Reform measures do not need to be delayed while attempting to address the affordability of coverage for policyholders, according to the National Association of Mutual Insurance Companies.

"Predict" platform designed to offer better risk selection and pricing visibility to underwriters.

More than a third of the back-end infrastructure still remains to be built in the federally run marketplace, a top IT official from CMS said Tuesday on Capitol Hill.

Direct Auto Writers Continue Market Share Gains

The two confirmed EF-4 tornados that hit Illinois on Sunday also were unusual for occurring so far north, according to an analysis by Risk Management Solutions.

More Than 150 P&C PAS Purchases Made Since 2010

Insurers Get First Look at ComFrame Field Testing, Capital Requirements

Among the insurers on the list, AIG sees the biggest drop-off from 2011 to 2012; during the same period, Berkshire Hathaway nearly doubled its market share in the sector.

Leadership-capacity constraints are undermining many companies’ efforts. New management structures, roles and divisions of labor can all be part of the solution.

Obama invited the group to meet with him a day after he announced that the administration was altering regulations to permit insurance companies to extend existing policies for an additional year.

Most North American P&C insurers will find IT budgets steady, but core systems replacement and better business/IT alignment are resulting in increased discretionary and extra-budget spending.