Core systems

Personal lines also sees small increase; commercial property and workers’ compensation lines edged up to 6% increases.

INN developed the ranking in partnership with Celent, an independent business research and advisory service with a specialization in insurance technology. Celent facilitated survey development, data collection and analysis. The result is an insightful set of rankings based on objective peer review.

Eighty-three percent of P&C insurers indicate that they will increase their spending over the next three years. The top three areas for investments in analytics, according to SMA’s data, “remain the risk-centric areas” of product development, underwriting and claims.

New partnership enables 161,000 service members to earn nationally recognized certifications across a dozen tech professions.

As national unemployment improved to 7.5 percent last month, growth of IT jobs has fallen from a peak of 11,700 jobs added in January to only 4,600 added in April, according to this month’s IT jobs report from Janco Associates.

Direct-to-consumer auto insurer implementing underwriting and policy administration software first with renewal processing, then with new business.

Directors & officers liability insurance (D&O) and professional liability business is generating accident year underwriting losses for the industry despite recent stability in loss ratios, according to a new segment analysis from Fitch. D&O premium rates were previously lagging the market recovery in the broader commercial lines segment, but pricing trends are now catching up.

Sandy resulted in approximately 1.5 million claims overall, 92 percent of which were completed at four months.

Investment income dropped to $4.16 billion from $7.11 billion the previous year earlier.

The chairman of Berkshire Hathaway says he wants to get into commercial insurance — "big time."

New data from Novarica’s most recent IT roundtable finds that while P&C insurers are focusing on data capabilities, speed to market is a particular point of emphasis for life/health insurers.

Allstate, The Hanover, Travelers and five others announce quarterly results.

The tech provider will distribute PilotFish software with and without LifeSuite bundle.

While 98 percent of recently surveyed insurers plan to increase their social media use in 2013, none of the respondents said their social tools are “excellent.”

Veterans of the AIG bailout are now helping ING U.S. prepare for the scheduled sale of as much as $1.54 billion in stock.

2013 Terrorism Risk Insurance Report outlines current marketplace as well as potential effects of letting the coverage expire.

J.D. Power ranks top 24 insurers based on purchasing experiences, satisfaction; survey also finds that when consumers do shop for insurance, almost half switch insurers.

This formerly discounted, underinsured and underpenetrated generation now presents a larger sales opportunity than boomers.

Property/casualty CEO in Americas was joined by the president of the Latin American and Caribbean P&C division, the President of Lexington Insurance and one other in his departure for Berkshire Hathaway.

Survey finds chief investment officers more optimistic and aggressive; interest rates supersede the European debt crisis as their primary macroeconomic concern.