Core systems

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.

Despite catastrophe losses of $20 billion in the first half of this year, reinsurance market rates on line (ROLs) continue to be driven by an influx of capital from third-party investors at the July 1 renewals, according to a report from Guy Carpenter & Co. LLC, a global risk and reinsurance specialist.

Wynsure system also designed to deliver self-service functions for producers, employers, employees and employee benefits administrators.

Main goal of consultative service will be to create personalized plans for improving financial and operational efficiency, as well as a strategic road map.

Sector adds 9,900 jobs, the most since January; Janco survey finds healthcare IT sector continues to be a bright spot.

By reducing client onboarding time by half, this specialty insurer enabled itself to bid more competitively for new business and free up IT capacity.

On the whole, both commercial and personal lines saw rate growth accelerate last month.

While AIG is embracing its designation, Prudential is committed to convincing the FSOC that if it were to fail, the economic ramifications would not be great.

The council now has 30 days to schedule a hearing, according to the insurer.

Several industry analysts provide advice for establishing effective data practices in a new white paper from Xuber.

Delaying the health insurance employer mandate mostly affects employers, experts say; health insurers continue to focus on exchanges.