Core systems

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.

Strategy Meets Action recognizes Amica Mutual Insurance, Great American, two other insurers and one IT solution provider for successfully implementing next generation technologies or reflecting the spirit of innovation.

Australian P&C insurer deploys for 1,300 PolicyCenter users in "big bang" roll out.

Life insurer looks to offer a more efficient life insurance application and delivery experience.

The flooding has caused 15 Colorado counties to declare a state of emergency, including Boulder, which President Obama has opened up to federal assistance.

The multi-line insurer looks to the iWorks Prophet Managed Hosted Service platform to improve efficiency and compliance of actuarial modeling operations.

Since 2006, INN's Women in Insurance Leadership program has honored the extraordinary accomplishments of more than 60 professionals whose leadership and performance have redefined the insurance business and its application of technology. Today, nine more names, as well as the program’s first-ever repeat winner, are added to the distinguished list.

The group of insurers may have to increase assets held to back payouts by $4 billion.

Speaking at this week's CIO Summit in Atlanta, Richard Wiedenbeck, VP of IT for Ameritas Life Insurance, argues that IT departments need to evolve beyond being order-takers.

Europe and Bermuda still account for a large portion of P&C business among U.S. reinsurers, who are becoming increasingly open to new sources, such as Brazil and Singapore, according to data from SNL Financial.

The ease with which social media is ignored could be its greatest strength, according to Novarica's Matt Josefowicz.