Core systems

New York, New Jersey and Connecticut make up 218,000 of the claims.

A new report highlights a wave of mobile-focused techniques spreading among hackers.

More than one-third (36 percent) of 18-to-29-year olds reported one or more traffic tickets in the past five years, the highest percentage of any age group surveyed, according to a survey from InsuranceQuotes.com.

In testimony, PCI points to studies indicating credit-based insurance scores are highly predictive and result in lower rates for more drivers.

Two-year modernization initiative will overhaul all Gerber Life's lines of business.

A new report from Celent outlines the process of going from a big data spectator to becoming a practitioner and more.

Of those insurers participating in the survey, most (57 percent) said UBI is predominantly a rating accuracy play, which SMA acknowledged as a logical assumption, as the auto insurance value proposition is primarily about price. However, 43 percent said UBI’s value is in reducing loss costs by improving driver behavior and increasing retention (43 percent). Attracting new customers and claims control followed distantly, with 14 percent each.

The insurer will use the Insurance Scorecard platform to consolidate its multiple data sources for meaningful and actionable analysis.

After another year of meager growth, a new report from Gartner posits that this year businesses are primed for spikes in analytic adoption rates.

What do you get when you mix trillions of dollars in assets and a quasi-ignorant understanding of finance? Enter the Generation X and Generation Y consumers.

Arch Re, CNA, Main Street America, Marsh & McLennan, MetLife, Nationwide and Willis announce fourth-quarter and 2012 financials this week.

The Committee urges the Federal Insurance Office to submit its long overdue reports, including those on the insurance industry in general and recommendations to modernize and improve the U.S. regulation.

A new report contends that insurers that commit to analyzing data from social media will be able to better establish an ROI.

Trade agreements could enhance regulatory cooperation and efficiency, promote competition, and prevent regulatory gaps and overlaps.

Calls for improved information sharing and a set of standards should alleviate insurers' concerns with cybersecurity—but it also puts some pressure on insurers to update themselves along with the standards.

NILS INsource and NILS INcompass products designed to help monitor, implement regulatory changes.

The record-high interest in hiring from the middle of last year is continuing to grow, as 56.2 percent of insurers are planning to increase staff over the next 12 months, according to the latest “Insurance Labor Market Study” conducted by Jacobson Group, an insurance staffing company, and Ward Group, and insurance consultancy.

Market positioning cited as primary reason for IT budget growth; 10 percent of insurers will reduce IT budgets by 10 percent this year, SMA finds.

Legal Solutions Suite purchased in an attempt to simplify billing and expense tracking, monitor outside counsel performance.

Anticipating a more customer-centric strategy, insurers will look to new data sources and analytical techniques to sharpen risk understanding and customer profiling, according to a new report.