Core systems

Aetna, Empire BlueCross BlueShield and 15 other insurers set to participate in New York’s Health Benefits Exchange.

Insurer looks for improved time-to-market capabilities with new policy rating platform.

The largest open long-term care insurance claim made by a female policyholder has reached $1.8 million in paid benefits; the largest claim made by a male policyholder now exceeds $1.3 million in paid benefits, according to a new report from the American Association for Long-Term Care Insurance.

Zurich’s special investigations unit in North America has adopted the latest version of ISO’s ClaimDirector fraud analytics service to better detect and prevent fraud.

Product changes currently require multiple systems, which drags on time-to-market metrics. That’s why many are eyeing core-product configuration solutions, according to new SMA research.

Sixty-eight percent of financial services firms say that their industry is now riskier or just as risky as it was in 2007, according to the “2013 Makovsky Wall Street Reputation Study,” which was conducted by Echo Research.

Despite recent crash of Asiana B777 aircraft, rating levels continue to decline and premium levels are down 5 percent on the year.

As the industry entered hurricane season last month, its reserves ready for paying out claims topped $600 billion.

Gartner analysts review mobile operating systems and the basic elements of mobile device management.

Erie Family Life Insurance set out to streamline the life insurance sales process and make it more intuitive to the independent agents who are used to selling the parent company’s personal lines P&C products.

Bill passes after Congress strips out food stamp program, a move the Obama administration said would warrant a veto.

Rising interest rates a net positive for P&C industry, according to a new report from Keefe, Bruyette & Woods.

Continued pressure on underwriting results and a low interest rate environment motivated underwriting management to seek these higher rates, according to the “2013 RIMS Benchmark Survey.”

Second-quarter net income for the fourth-largest U.S. auto insurer spiked to over $320 million.

Personal lines insurer looks to Insurer Policy and Insurer Analytics to provide a new foundation for customer service.

Two years ago, a group of Farmers women set out to establish the insurer’s Women’s Leadership Network, which focuses on creating a culture that attracts, develops and retains talented women who contribute to the achievement of its business goals.

Cost cutting no longer top concern; IT infrastructure and analytics lead investment areas, while interest in M&A declined, according to new KPMG survey.

In finalizing the designations, the council expanded upon the reasons why these two companies were selected.

In the first half of this year, 460 loss-relevant natural hazards occurred, exceeding the 10-year average of 390.

While the overall number of big data initiatives is still relatively small, the majority are centered on modeling, according to a new Novarica report.