Core systems

Catastrophe bond issuance continues to grow. The third quarter of 2013 saw $1.4 billion of non-life catastrophe bond capacity issued, the highest it’s been in 15 years, according to Willis Capital Markets & Advisory.

The Blue Cross and Blue Shield Association has joined forces with the U.S. Office of Personnel Management to offer options in 30 states and the District of Columbia under the Affordable Care Act.

Survey of P&C and life group insurers finds most have multiple legacy systems and low levels of satisfaction.

The Federal Housing Finance Agency's Edward DeMarco said this is an interim move to reduce prices, while more restrictions are yet to come.

CGI has been paid $104 million, and while no penalties are built into its contract, Kathleen Sebelius, the U.S. Health and Human Services Secretary, said last week that “paying for work that isn’t complete is not something that we will do.”

Toyota Corollas are more than twice as likely to be stolen than any other compact car, according to the National Insurance Crime Bureau.

AIG, Berkshire Hathaway and four others announce quarterly results.

Large insurers responding to a recent survey were unanimously invested in predictive modeling, but challenges persist.

BNY Mellon/Risk Insurance survey finds more than half of global insurers have insufficient investment collateral; funding costs and operational complexity are on the rise.

Just more than half of executives, in a recent survey, anticipate increased investments in training to reduce the gap, as 35 percent admit they have not invested enough in the past.

What’s Threatening P&C Insurers’ Growth in 2014?

Kathleen Sebelius, the U.S. Health and Human Services secretary, said her agency has pulled in outside help to achieve “an optimally functioning” exchange by the end of November.

USAA Shines Among Top 25 Insurers for Auto Claims Satisfaction

In 2014, insurers need to make the leap to customer-centric business models, which will require several technology initiatives, four of which make up Ovum’s biggest trends for 2014.

The exchange is designed so companies can begin enrolling a week after deciding to convert to the system.

Touchstone and CATRADER certified for implementation of ACORD's property exposure standards for delegated authority reporting and aggregated reporting.

Republicans in Congress, along with at least 10 Democrats, have suggested enrollment be extended beyond its current March 31 deadline.

Chevy Camaros are by far the most popular model among sports car thieves, and the Los Angeles area has seen more sports vehicle thefts in the last four years than any other.

The Hartford, CNA, Willis and five others announce quarterly results.

The Hartford, CNA, Willis and five others announce quarterly results.