Core systems

Many health insurance executives predict that five years from now, health exchanges will be “nothing more than a high-risk pool,” and some say they will even be non-existent, according to a recent survey.

Affiliate of AmeriHealth Casualty Services purchases CompSuite in an attempt to modernize its workers’ compensation environment.

A growing number of senior business leaders in a new Gartner survey anticipate Chief Digital Officer or Chief Data Officer roles by 2014.

PwC study also finds that small- to mid-sized carriers account for 75 percent of projects; custom development trend reversing for top-tier carriers.

With fewer than half of the 50 U.S. states participating, spending is expected to double initial estimates.

Based on sustained pricing increases and a normal level of catastrophe losses, the P&C industry is experiencing a return to profitability, strong net-premium growth and a substantially improved combined ratio for 2013, according Conning’s “Property-Casualty Forecast & Analysis by Line of Insurance.” The quarterly forecast and report is developed by Conning using a proprietary property/casualty industry model and analysis of key industry drivers and data.

The insurer will use the platform to process Covered California Exchange enrollment and billing, and meet the demands of new members.

Survey of executives finds many carriers hindered by inflexible legacy systems that limit access to data and analytical tools.

President Obama proposes a decrease of crop insurance subsidies and cutting out all direct payments to farmers in his latest budget. The administration is estimating the move would save $37.8 billion over 10 years.

Casualty to increase the most, followed by property and non-CAT risk programs.

Mobile platform designed to provide web payment functionality and electronic document management services.

Rebranding effort takes effect as company expects to gross proceeds around $600 million through public offering.

Managing general agency turns to EagleEye in an attempt to gain visibility of its critical business performance.

Configurable app blocks network connectivity; separate “What If Calculator” demonstrates the impact of tickets, accidents, moving and changing vehicles on insurance rates.

The life insurer's chairman and CEO spoke frankly before regulators, saying the "traditional business of life insurance does not pose systemic risk."

While reinsurance renewal rates were stable as of April 1, Guy Carpenter reports that traditional and alternative capital sources are converging to change the marketplace.

While reauthorization of The Terrorism Risk Insurance Act (TRIA) is likely to receive strong support in Congress, success may come very late in the process, predicts Robert Gordon, SVP, policy development and research, for the Property Casualty Insurers Association of America (PCI) during the National Association of Insurance Commissioners’ (NAIC) Spring National Meeting in Houston yesterday.

Riverside to use SunGard’s enterprise accounting system for investment and compliance, in addition to accounting.

Delivering easily accessible, multimedia resources that are broken into small packages is key to engaging and educating individuals, according to new research.

Fitch outlines the financial figures of life insurers and warns of macroeconomic headwinds in 2013.