Core systems

Purchase highlights recent reports indicating life insurers are outspending P&C insurers when it comes to online/mobile quoting systems.

California leads states in QCs; suspicious loss of jewelry increased 86 percent.

The Federal Housing Finance Agency, acting as regulatory overseer to Fannie Mae and Freddie Mac, will further review the force-placed market and its costs.

Underwriting loss increased by $26 billion, net income fell $10 billion, but the commercial P&C sector can expect 2013 to be better financially.

As a combined average, 42.3 percent of Europeans switching auto or household insurers, or buying for the first time, did so online last year, according to “Aggregation Metrics: Consumer Approaches to Insurance Comparison Sites in Europe,” a research paper from Finaccord. This up from 35.4 percent in 2008, making online aggregators and online comparison sites the fastest-growing distribution channel.

The P&C sector leads insurers in mobile offerings, investments; however, life/annuity insurers are investing more in quote and buy capabilities.

Patent provides a method for managing the policies and security of portable devices that store data through a third-party cloud service.

A new report shows mid-size and large P&C and life/annuity insurers are supporting or planning to support bring-your-own-device, especially for tablets.

See which insurers Superstorm Sandy hit the hardest, as Allstate, Prudential and four others release fourth-quarter and year-end results.

Data experts challenge the basic framework for big data programs.

Insurers can expect winter storm loss damages to return to normal after this weekend.

Analysis from HealthPocket Inc., a health insurance information site for consumers, shows that health insurers have some work to do in the areas of out-of-pocket expenses and transparency. The analysis indicates that 38 percent of plans did not disclose their deductible within its annual out-of-pocket limits, concealing the full amount a person could pay if the “Summary of Benefits” was not read carefully. Once these deductibles are factored in, many plans are not compliant with the Affordable Care Act (ACA).

FFVA Mutual Insurance buys into Valen's predictive analytics suite in an attempt to bolster its underwriting performance.

A.M. Best says outlook stable for personal and reinsurance, commercial lines’ negative.

Insurers reluctant to engage catastrophe-prone property and workers' comp business in Q4 2012.

Eleven life insurers, including AXA Equitable, USAA and Metlife, were recognized for their efforts and successes with their online tools and/or website features.

Eleven P&C insurers, including Allstate, Liberty Mutual and State Farm, were recognized for their efforts and successes with their online tools and/or website features.

Survey of life insurance CFOs finds few satisfied with speed, reliability; run-time requirements are highest priority.

iWorks Prophet purchased in an effort to centralize and standardize actuarial practices across business lines.

New York Life, State Farm among those honored; see companies broken down by percentage of women holding executive responsibilities.