Core systems

The total number of WC claims has been decreasing, but the percentage deemed “questionable” has been rising, and California generates the most, according to analysis from the National Insurance Crime Bureau.

With only seven days to go until October 1 and the official launch of the new public health insurance exchanges, a number of questions loom large. The biggest, by far, is would a government shutdown threatened by congressional Republicans also shut down the exchanges.

According to Fitch Ratings, the company’s U.S. life insurance subsidiaries currently maintain capital levels in excess of regulatory minimums.

Guy Carpenter says enhanced risk modeling is important for insurers seeking growth in emerging markets.

The U.S. domestic professional and domestic specialty surplus lines’ 2012 underwriting performance fell below P&C’s performance for the first time in more than a decade, according to A.M. Best.

Verne Global and Datapipe sign on to deliver renewably powered computing for RMS’ exposure, risk management environment.

As MetLife moves into the final stages of review, Prudential said it is reviewing a potential federal appeal, which the company has 30 days to file.

As costs, regulatory and technological inhibitors fall away, insurance industry laggards could face threat from mispricing, according to recent Aite Group report.

Insurers are developing the technology to embed actuarial tools into an integrated risk and finance architecture, according to a recent report from Accenture.

For the previous two reauthorizations, Congress waited until the last minute to approve. After yesterday’s hearing, it looks like 2013 will bring more of the same.

While policy admin projects remain a top priority, twice as many large P&C carriers are investing in big data technology as last year.

Executives responding to a recent Accenture survey report shortages of talent in a number of areas, including risk business and data analytics, risk technologists and regulatory change program management.

New York is the first state to propose a comprehensive ban on force-placed insurance payments to banks.

New survey reveals optimism that the exchange format will create an environment with the best options, regardless of which carriers are present.

P&C carrier implements policy admin software across several more lines in an attempt to improve risk selection and enable real-time pricing.

In an assessment of how distribution trends reflect an increase in online sales, A.M. Best highlights continuing market consolidation.

Senate Banking Committee will examine the effects of the Biggert-Waters Flood Insurance Act of 2012, which eliminated grandfather clauses that prevented premiums from rising for some properties.

Swiss Re’s global ranking highlights the threat of earthquakes and flooding to growing population centers in Asia, home to eight of the 10 most at-risk cities.

In comments submitted to the Presidents Working Group, the American Insurance Association says terrorism is an uninsurable risk and requires partnership with the government.

Farmers filed claims on 8.213 million acres of grains, oilseeds, cotton and sugar as of September 1, according to estimates from the U.S. Department of Agriculture’s Farm Service Agency.