Core systems

Allstate and CNA report net income increases; MetLife profits plummet from derivatives losses; two other insurers announce results.

Specialty insurer makes purchase in an attempt to improve claims results by supplementing its auto direct repair program.

The vast majority of financial institutions do not believe their data technology is very effective, according to a global risk survey from Deloitte.

Most other regions declined, as did the Marsh Risk Management Global Insurance Index, Marsh said.

AIG and Principal are making moves to limit their proprietary trading and investments, attempting to appease regulators just as MetLife, The Hartford and Allstate have done before them.

The technology, legal framework and customer expectations have reached a point where carriers need to implement e-signature capabilities, according to Novarica.

By a wide margin, California led in luxury car thefts from 2009 to 2012, according to the National Insurance Crime Bureau.

The number of legacy systems in the P&C space continues to decrease. However, the overall success rate of the replacement projects remains relatively low, according to a recent SMA report.

Application intended to automate policy-, billing- and claims-administration functions for auto insurer.

The midsize specialty insurer built a unified agent portal that also serves its underwriters.

U.S. pension funds have been key in boosting the global reinsurance market’s capital base and helped reinsurers pay insurer claims arising from major disasters such as 2011’s earthquake in Japan and 2012’s Superstorm Sandy, according to the Casualty Actuarial Society.

Insured Rating designed to enable web access to rating software for the insurer's managing general agents.

Lack of confidence comes from not understanding their company’s exposure to operational, regulatory/compliance or financial risk, according to recent survey results.

FAST's business processing suite designed to include application entry, case management and underwriting software.

Costs behind insuring the renewable energy industry could spike behind a shift to wind energy, according to a new report.

While small employers are scaling back benefits this year—a potential hedge against higher costs expected under the U.S. health care law—WellPoint plans to spend $150 million preparing to sell on the exchanges.

Early second-quarter earnings reports from Travelers, ACE Ltd. and other P&C insurers point to solid results driven by reduced catastrophe losses, favorable reserve development and positive pricing movement, according to Fitch.

IASA, one of the insurance industry's largest trade associations, formally announced today that Beth Mercier of Travelers Companies has been elected to serve as president of the association for the 2013-'14 fiscal year.

As economic growth slows in Brazil, the insurer looks for other opportunities to expand its presence in Latin America.

As fraud prevention technologies become more sophisticated, insurers need to invest at every customer touch point to achieve increased revenue growth, according to new research from Ovum.